Benin (BEN) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Benin-Bangladesh Trade: In 2022, Benin exported $406M to Bangladesh. The main products that Benin exported to Bangladesh were Raw Cotton ($405M), Packing Bags ($288k), and Cotton Waste ($37.7k). Over the past 5 years the exports of Benin to Bangladesh have increased at an annualized rate of 34.2%, from $93.3M in 2017 to $406M in 2022.

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

Bangladesh-Benin Trade: In 2022, Bangladesh exported $892k to Benin. The main products that Bangladesh exported to Benin were Packing Bags ($843k), Used Clothing ($15.6k), and Flavored Water ($14.7k). Over the past 5 years the exports of Bangladesh to Benin have increased at an annualized rate of 15%, from $110k in 2017 to $892k in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $406M to Bangladesh. The main products exported from Benin to Bangladesh were Raw Cotton ($405M), Packing Bags ($288k), and Cotton Waste ($37.7k). During the last 5 years the exports of Benin to Bangladesh have increased at an annualized rate of 34.2%, from $93.3M in 2017 to $406M in 2022.

In 2017, Bangladesh exported $892k to Benin. The main products exported from Bangladesh to Benin were Packing Bags ($843k), Used Clothing ($15.6k), and Flavored Water ($14.7k). During the last 5 years the exports of Bangladesh to Benin have increased at an annualized rate of 15%, from $110k in 2022 to $892k in 2017.

Exports from Benin () to Bangladesh () (2022)

Exports from Bangladesh () to Benin () (2022)

Latest Data

Trade between Benin () and Bangladesh ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Benin than Bangladesh included Togo ($35.9M), Chad ($28M), and Niger ($16.9M).

In 2022, countries that imported more from Bangladesh than Benin included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Benin - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Bangladesh in the exports of Textiles ($406M) and Animal Products ($2.74k).

During 2017, Bangladesh had a large net trade with Benin in the exports of Textiles ($877k), Foodstuffs ($14.7k), and Chemical Products ($15).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Bangladesh+$62.9kCotton Waste

Top Product Potential Bangladesh Benin+$85.9kPacking Bags

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 Bangladesh. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Benin.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Bangladesh () (2022)

Exports from Bangladesh () to Benin () (2022)

Latest Data

Trade between Benin () and Bangladesh ()

Benin Exports

Market Competitiveness

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

Comparative Advantage Benin - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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