Benin (BEN) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Benin-Bolivia Trade: In 2022, Benin exported $35 to Bolivia. The main products that Benin exported to Bolivia were Industrial Printers ($35). Over the past 16 years the exports of Benin to Bolivia have decreased at an annualized rate of 26.5%, from $4.81k in 2006 to $35 in 2022.

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

Bolivia-Benin Trade: In 2022, Bolivia exported $8.9k to Benin. The main products that Bolivia exported to Benin were N/A. Over the past 16 years the exports of Bolivia to Benin have increased at an annualized rate of 73.4%, from $568 in 2006 to $8.9k in 2022.

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $35 to Bolivia. The main products exported from Benin to Bolivia were Industrial Printers ($35). During the last 16 years the exports of Benin to Bolivia have decreased at an annualized rate of 26.5%, from $4.81k in 2006 to $35 in 2022.

In 2016, Bolivia exported $8.9k to Benin. There were not main exports from Bolivia to Benin in 2016. During the last 5 years the exports of Bolivia to Benin have increased at an annualized rate of 73.4%, from $568 in 2021 to $8.9k in 2016.

Exports from Benin () to Bolivia () (2022)

Exports from Bolivia () to Benin () (2022)

Latest Data

Trade between Benin () and Bolivia ()

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Benin than Bolivia included Bangladesh ($406M), Egypt ($41.7M), and Togo ($35.9M).

In 2022, countries that imported more from Bolivia than Benin included Brazil ($1.89B), India ($2.27B), and Argentina ($1.76B).

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

Comparative Advantage Benin - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Bolivia in the exports of Machines ($35).

During 2016, Bolivia had a large net trade with Benin in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Bolivia+$2.73kRefined Petroleum

Top Product Potential Bolivia Benin+$2.25kPetroleum Gas

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

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Historical Data

Bilateral Trade by Products

Exports from Benin () to Bolivia () (2022)

Exports from Bolivia () to Benin () (2022)

Latest Data

Trade between Benin () and Bolivia ()

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Benin - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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