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Benin Trade Summary

2022

Benin exports, imports, tariff by year.

Country and Region
Year
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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 2022

Overall Exports and Imports for Benin 2022

Exports and imports of Benin in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 899 million.
  • The total value of imports (CIF) was 3,846 million.
  • At the HS6 digit level, 815 products were exported to 103 countries and 3,171 products were imported from 144 countries.

Benin top 5 Export and Import partners 2022

Top five countries to which Benin exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Benin exports to Bangladesh worth US$ 406 million, with a partner share of 45.18 percent.
  2. Benin exports to India worth US$ 108 million, with a partner share of 11.99 percent.
  3. Benin exports to China worth US$ 55 million, with a partner share of 6.17 percent.
  4. Benin exports to Egypt, Arab Rep. worth US$ 40 million, with a partner share of 4.44 percent.
  5. Benin exports to Pakistan worth US$ 37 million, with a partner share of 4.17 percent.

Top five countries from which Benin imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Benin imports from India worth US$ 590 million, with a partner share of 15.35 percent.
  2. Benin imports from China worth US$ 544 million, with a partner share of 14.15 percent.
  3. Benin imports from France worth US$ 308 million, with a partner share of 8.00 percent.
  4. Benin imports from United Arab Emirates worth US$ 265 million, with a partner share of 6.88 percent.
  5. Benin imports from Nigeria worth US$ 186 million, with a partner share of 4.83 percent.

Benin Top 5 Productsexports imports at HS 6 digit level 2022

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 580,664.03 (US$ Thousands).
  2. Benin exported Petroleum oils, etc, (excl. crude); preparation , worth 38,333.87 (US$ Thousands).
  3. Benin exported Cashew nuts, fresh or dried , worth 33,103.59 (US$ Thousands).
  4. Benin exported Cotton seeds , worth 29,396.28 (US$ Thousands).
  5. Benin exported Oil-cake and other solid residues of cotton see , worth 28,731.78 (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 648,006.01 (US$ Thousands).
  2. Benin imported Petroleum oils, etc, (excl. crude); preparation , worth 549,011.52 (US$ Thousands).
  3. Benin imported Mineral or chemical fertilizers with nitrogen, , worth 116,240.84 (US$ Thousands).
  4. Benin imported Other medicaments of mixed or unmixed products, , worth 89,325.74 (US$ Thousands).
  5. Benin imported Electrical energy , worth 80,566.40 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Benin in 2022 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 10.32 .
  • The total duty free imports in thousands of US dollars were 461,384.64 and duty free tariff line items share was 21.01 percent.

Development Indicators 2022

Key Development Indicators of Benin in 2022 are below

  • Benin GDP in current US dollar was 17,402 million.
  • GNI per capita, Atlas method (current US$) was 1,400.00 .
  • Benin Trade balance: as % of GDP was -7.63.
  • Trade balance in current US$ was -1,327.00 million.
  • Trade as percentage of GDP was 50.93 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2022

Trade Indicators for Benin in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.24.
  • Index of export market penetration was 1.58.
  • World Growth in percentage was 5.18 and Benin Country Growth was -9.84 .