Benin (BEN) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Benin-Albania Trade: In 2022, Benin exported $321 to Albania. The main products that Benin exported to Albania were Used Clothing ($321). Over the past 8 years the exports of Benin to Albania have decreased at an annualized rate of 69.7%, from $4.57M in 2014 to $321 in 2022.

In 2022, Benin did not export any services to Albania.

Albania-Benin Trade: In 2022, Albania exported $16.7k to Benin. The main products that Albania exported to Benin were Tanned Equine and Bovine Hides ($8.86k) and Used Clothing ($7.87k). Over the past 8 years the exports of Albania to Benin have decreased at an annualized rate of 14.3%, from $36.2k in 2014 to $16.7k in 2022.

In 2022, Albania did not export any services to Benin.

Comparison: In 2022, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $321 to Albania. The main products exported from Benin to Albania were Used Clothing ($321). During the last 8 years the exports of Benin to Albania have decreased at an annualized rate of 69.7%, from $4.57M in 2014 to $321 in 2022.

In 2017, Albania exported $16.7k to Benin. The main products exported from Albania to Benin were Tanned Equine and Bovine Hides ($8.86k) and Used Clothing ($7.87k). During the last 5 years the exports of Albania to Benin have decreased at an annualized rate of 14.3%, from $36.2k in 2022 to $16.7k in 2017.

Exports from Benin () to Albania () (2022)

Exports from Albania () to Benin () (2022)

Latest Data

Trade between Benin () and Albania ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Albania
Top DestinationItaly$1.75B

This map shows whether countries import more from Benin or Albania. Each country is colored based on the difference in imports they receive from Benin and Albania or the difference in the growth in imports.

In 2022, countries that imported more from Benin than Albania included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

In 2022, countries that imported more from Albania than Benin included Italy ($1.75B), Greece ($421M), and Spain ($309M).

Difference in imports from Albania () and Benin () (2022)

Comparative Advantage Benin - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Benin and Albania by product, considering products traded by both, Benin and Albania.

During 2022, Benin had a large net trade with Albania in the exports of Textiles ($321).

During 2017, Albania had a large net trade with Benin in the exports of Animal Hides ($8.86k) and Textiles ($7.87k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Albania+$2.27kRefined Petroleum

Top Product Potential Albania Benin+$5.08kUsed Clothing

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Benin and Albania. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Benin.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Albania () (2022)

Exports from Albania () to Benin () (2022)

Latest Data

Trade between Benin () and Albania ()

Benin Exports

Market Competitiveness

Difference in imports from Albania () and Benin () (2022)

Comparative Advantage Benin - Albania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Benin () and Albania () (2022)

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