Loading..

Benin Trade Summary

2021

Benin exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BENIN 2021

Overall Exports and Imports for Benin 2021

Exports and imports of Benin in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,026 million.
  • The total value of imports (CIF) was 3,422 million.
  • At the HS6 digit level, 678 products were exported to 92 countries and 3,001 products were imported from 146 countries.

Benin top 5 Export and Import partners 2021

Top five countries to which Benin exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Benin exports to Bangladesh worth US$ 427 million, with a partner share of 41.65 percent.
  2. Benin exports to India worth US$ 103 million, with a partner share of 10.01 percent.
  3. Benin exports to China worth US$ 101 million, with a partner share of 9.81 percent.
  4. Benin exports to Vietnam worth US$ 51 million, with a partner share of 5.00 percent.
  5. Benin exports to Chad worth US$ 37 million, with a partner share of 3.57 percent.

Top five countries from which Benin imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Benin imports from India worth US$ 554 million, with a partner share of 16.18 percent.
  2. Benin imports from China worth US$ 405 million, with a partner share of 11.85 percent.
  3. Benin imports from France worth US$ 393 million, with a partner share of 11.49 percent.
  4. Benin imports from Belgium worth US$ 159 million, with a partner share of 4.65 percent.
  5. Benin imports from Togo worth US$ 143 million, with a partner share of 4.18 percent.

Benin Top 5 Productsexports imports at HS 6 digit level 2021

The top five exported HS 6 digit level products to world by Benin along with trade value are:

  1. Benin exported Cotton, not carded or combed , worth 624,822.69 (US$ Thousands).
  2. Benin exported Cashew nuts, fresh or dried , worth 48,574.68 (US$ Thousands).
  3. Benin exported Petroleum oils, etc, (excl. crude); preparation , worth 37,047.36 (US$ Thousands).
  4. Benin exported Oil-cake and other solid residues of cotton see , worth 30,729.32 (US$ Thousands).
  5. Benin exported Other oil seeds and oleaginous fruits, nes , worth 24,281.55 (US$ Thousands).

The top five imported HS 6 digit level products from world by Benin along with trade value are

  1. Benin imported Semi-milled or wholly milled rice , worth 622,762.03 (US$ Thousands).
  2. Benin imported Petroleum oils, etc, (excl. crude); preparation , worth 334,192.00 (US$ Thousands).
  3. Benin imported Other medicaments of mixed or unmixed products, , worth 95,423.38 (US$ Thousands).
  4. Benin imported Frozen fish, nes , worth 79,625.54 (US$ Thousands).
  5. Benin imported Motorcycles with reciprocating piston engine di , worth 79,179.37 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Benin in 2021 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 11.32 percent.
  • The trade weighted average tariff was 10.89 .
  • The total duty free imports in thousands of US dollars were 439,634.81 and duty free tariff line items share was 21.32 percent.

Development Indicators 2021

Key Development Indicators of Benin in 2021 are below

  • Benin GDP in current US dollar was 17,690 million.
  • GNI per capita, Atlas method (current US$) was 1,330.00 .
  • Benin Trade balance: as % of GDP was -6.22.
  • Trade balance in current US$ was -1,100.00 million.
  • Trade as percentage of GDP was 48.05 .
  • Trade in services as percentage of GDP was 8.15 .

Trade Indicators 2021

Trade Indicators for Benin in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.31.
  • Index of export market penetration was 1.65.
  • World Growth in percentage was 12.50 and Benin Country Growth was 22.72 .