Benin (BEN) and Canada (CAN) Trade | The Observatory of Economic Complexity

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Benin-Canada Trade: In 2022, Benin exported $4.25M to Canada. The main products that Benin exported to Canada were Soybeans ($3.88M), Aircraft Parts ($191k), and Coconuts, Brazil Nuts, and Cashews ($71.2k). Over the past 5 years the exports of Benin to Canada have increased at an annualized rate of 67.6%, from $322k in 2017 to $4.25M in 2022.

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

Canada-Benin Trade: In 2022, Canada exported $25.2M to Benin. The main products that Canada exported to Benin were Cars ($14.8M), Poultry Meat ($4.3M), and Used Clothing ($2.99M). Over the past 5 years the exports of Canada to Benin have increased at an annualized rate of 2.7%, from $20.9M in 2017 to $25.2M in 2022.

In 2022, Canada 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $4.25M to Canada. The main products exported from Benin to Canada were Soybeans ($3.88M), Aircraft Parts ($191k), and Coconuts, Brazil Nuts, and Cashews ($71.2k). During the last 5 years the exports of Benin to Canada have increased at an annualized rate of 67.6%, from $322k in 2017 to $4.25M in 2022.

In 2017, Canada exported $25.2M to Benin. The main products exported from Canada to Benin were Cars ($14.8M), Poultry Meat ($4.3M), and Used Clothing ($2.99M). During the last 5 years the exports of Canada to Benin have increased at an annualized rate of 2.7%, from $20.9M in 2022 to $25.2M in 2017.

Exports from Benin () to Canada () (2022)

Exports from Canada () to Benin () (2022)

Latest Data

Trade between Benin () and Canada ()

Benin Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Canada
Top DestinationUnited States$438B

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

In 2022, countries that imported more from Benin than Canada included Chad ($28M), Niger ($16.9M), and Mauritius ($8.3M).

In 2022, countries that imported more from Canada than Benin included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Benin - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Canada in the exports of Vegetable Products ($3.96M), Transportation ($210k), and Foodstuffs ($40.8k).

During 2017, Canada had a large net trade with Benin in the exports of N/A.

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Canada+$2.83MSoybeans

Top Product Potential Canada Benin+$9.08MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Canada () (2022)

Exports from Canada () to Benin () (2022)

Latest Data

Trade between Benin () and Canada ()

Benin Exports

Canada Exports

Market Competitiveness

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

Comparative Advantage Benin - Canada

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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