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Benin Trade at a Glance : Most Recent Values

Latest trade data available from various sources.
Benin monthly trade data
Benin quarterly trade data

Please note: The data from various sources are not from the same year.

Year

Benin exports, imports, trade and tariff indicators 2023

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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Benin Trade

Overall Exports and Imports for Benin 2024

The total value of exports (FOB) is US$ 1,113 million.
The total value of imports (CIF) is US$ 3,367 million.
The total trade was US$ 4,479 million.
The trade balance was US$ -2,254 million.

China Monthly Exports and imports, in Dec 2024

The total value of exports (FOB) is US$ 92,053 K.
The total value of imports (CIF) is US$ 252,972 K.
The total trade was US$ 345,025 K.
The trade balance was US$ -160,919 K.

Benin Trade Indicators 2023

Hirschman Herfindahl Market concentration index is 0.41.
Index of export market penetration is 0.41.
World Growth in percentage is 0.41 and Benin Country Growth is -2.67.

Benin Service Trade data from WDI 2023

Benin, Service imports (BoP, current US$) is 1,540,431,080.82.
Benin, Service exports (BoP, current US$) is 461,100,622.56.
Benin, Imports of goods and services as percentage of GDP is 24.66 %.
Benin, Exports of goods and services as percentage of GDP is 20.00 %.

Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Benin in 2023 are below.

The maximum rate of tariff in percentage on any product is 35.
The simple average tariff across all products is 11.18.
The trade weighted average tariff is 10.67.
The total duty free imports in thousands of US dollars are 630,003.46 and duty free tariff line items share is 21.05.

Benin Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 4,019 million.
FDI Inward stock flow (in US$ Mil) was US$ 543 million.
FDI Outward stock (in US$ Mil) was US$ 437 million.
FDI Outward stock flow (in US$ Mil) was US$ 60 million.

Non-Tariff Measures (NTM)

No Of NTM Measures is 62.
No Of NTM Affected Products (HS 6 Digit) is 5,052.

Benin World Development Indicators (WDI) 2023

Key Development Indicators of Benin in 2023 are below

The population of Benin is 11,485,048.
GDP in US$ is 19,673 million .
GNI per capita, Atlas method in current US dollars is 1,390.00.
Trade balance in US$ is -916.00 million.
Trade in services as percentage of GDP is -4.66 %.

WDI

Benin Global Value Chain (GVC) 2015

GVC related output as percentage of output was 4 %.
GVC related trade as percentage of trade was 25 %.

GVC

Benin Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index (Over All) for Benin is not available.

SPRD