Overall Exports and Imports for Benin 2021
- The total value of exports (FOB) is US$ 1,024 million.
- The total value of imports (CIF) is US$ 3,186 million.
- At the HS6 digit level, 678 products are exported to 92 countries and 2,990 products are imported from 144 countries.
Top 5 Products exports 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:
- Benin exported Cotton, not carded or combed , worth US$ 624,822.42 million.
- Benin exported Cashew nuts, fresh or dried , worth US$ 48,574.68 million.
- Benin exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 37,047.36 million.
- Benin exported Oil-cake and other solid residues of cotton see , worth US$ 30,729.32 million.
- 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
- Benin imported Semi-milled or wholly milled rice , worth US$ 619,757.49 million.
- Benin imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 333,855.77 million.
- Benin imported Other medicaments of mixed or unmixed products, , worth US$ 95,127.93 million.
- Benin imported Frozen fish, nes , worth US$ 79,597.69 million.
- Benin imported Motorcycles with reciprocating piston engine di , worth US$ 79,179.32 million.
Benin top 5 Export and Import partners 2021
The top five countries to which Benin exported 2021 along with the partner share in percentage are:
- Benin exports to Bangladesh worth US$ 427 million, with a partner share of 41.73 percent.
- Benin exports to India worth US$ 102 million, with a partner share of 9.96 percent.
- Benin exports to China worth US$ 101 million, with a partner share of 9.83 percent.
- Benin exports to Vietnam worth US$ 51 million, with a partner share of 5.01 percent.
- Benin exports to Chad worth US$ 37 million, with a partner share of 3.57 percent.
The top five countries to which Benin imported goods 2021 along with the share in percentage are
- Benin imports from India worth US$ 547 million, with a partner share of 17.17 percent.
- Benin imports from China worth US$ 374 million, with a partner share of 11.74 percent.
- Benin imports from France worth US$ 350 million, with a partner share of 10.98 percent.
- Benin imports from Belgium worth US$ 178 million, with a partner share of 5.58 percent.
- Benin imports from Togo worth US$ 133 million, with a partner share of 4.18 percent.
Benin 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.
- Benin Raw materials exports are worth US$ 735 million, product share of 71.78%.
- Benin Raw materials imports are worth US$ 299 million, product share of 9.39%.
- Benin Intermediate goods exports are worth US$ 147 million, product share of 14.35%.
- Benin Intermediate goods imports are worth US$ 603 million, product share of 18.92%.
- Benin Consumer goods exports are worth US$ 89 million, product share of 8.71%.
- Benin Consumer goods imports are worth US$ 1,741 million, product share of 54.63%.
- Benin Capital goods exports are worth US$ 33 million, product share of 3.26%.
- Benin Capital goods imports are worth US$ 537 million, product share of 16.86%.
Benin Trade Indicators 2021
- Hirschman Herfindahl Market concentration index is 0.32.
- Index of export market penetration is 0.32.
- World Growth in percentage is 0.32 and Benin Country Growth is 21.74.
Benin Service Trade data from WDI 2021
- Benin, Service imports (BoP, current US$) is 930,930,237.65.
- Benin, Service exports (BoP, current US$) is 511,584,205.24.
- Benin, Imports of goods and services as percentage of GDP is 27.14 %.
- Benin, Exports of goods and services as percentage of GDP is 20.92 %.