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Benin Trade Summary

2021

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 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 1,024 million.
  • The total value of imports (CIF) was 3,186 million.
  • At the HS6 digit level, 678 products were exported to 92 countries and 2,990 products were imported from 144 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 41.73 percent.
  2. Benin exports to India worth US$ 102 million, with a partner share of 9.96 percent.
  3. Benin exports to China worth US$ 101 million, with a partner share of 9.83 percent.
  4. Benin exports to Vietnam worth US$ 51 million, with a partner share of 5.01 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$ 547 million, with a partner share of 17.17 percent.
  2. Benin imports from China worth US$ 374 million, with a partner share of 11.74 percent.
  3. Benin imports from France worth US$ 350 million, with a partner share of 10.98 percent.
  4. Benin imports from Belgium worth US$ 178 million, with a partner share of 5.58 percent.
  5. Benin imports from Togo worth US$ 133 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 US$ 624,822.42 million.
  2. Benin exported Cashew nuts, fresh or dried , worth US$ 48,574.68 million.
  3. Benin exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 37,047.36 million.
  4. Benin exported Oil-cake and other solid residues of cotton see , worth US$ 30,729.32 million.
  5. Benin exported Other oil seeds and oleaginous fruits, nes , worth US$ 24,281.51 million.

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 US$ 619,757.49 million.
  2. Benin imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 333,855.77 million.
  3. Benin imported Other medicaments of mixed or unmixed products, , worth US$ 95,127.93 million.
  4. Benin imported Frozen fish, nes , worth US$ 79,597.69 million.
  5. Benin imported Motorcycles with reciprocating piston engine di , worth US$ 79,179.32 million.

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 0.32.
  • Index of export market penetration was 1.55.
  • World Growth in percentage was 12.59 and Benin Country Growth was 21.74 .