Benin (BEN) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

About

Benin-Cyprus Trade: In 2022, Benin exported $9.05k to Cyprus. The main products that Benin exported to Cyprus were Engine Parts ($8.74k), Other Edible Preparations ($112), and Fake Hair ($106). Over the past 20 years the exports of Benin to Cyprus have decreased at an annualized rate of 4.78%, from $24.1k in 2002 to $9.05k in 2022.

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

Cyprus-Benin Trade: In 2022, Cyprus exported $3.64M to Benin. The main products that Cyprus exported to Benin were Other Floating Structures ($3.31M), Poultry Meat ($162k), and Glass Bottles ($50.4k). Over the past 20 years the exports of Cyprus to Benin have increased at an annualized rate of 58.2%, from $367k in 2002 to $3.64M in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $9.05k to Cyprus. The main products exported from Benin to Cyprus were Engine Parts ($8.74k), Other Edible Preparations ($112), and Fake Hair ($106). During the last 20 years the exports of Benin to Cyprus have decreased at an annualized rate of 4.78%, from $24.1k in 2002 to $9.05k in 2022.

In 2017, Cyprus exported $3.64M to Benin. The main products exported from Cyprus to Benin were Other Floating Structures ($3.31M), Poultry Meat ($162k), and Glass Bottles ($50.4k). During the last 5 years the exports of Cyprus to Benin have increased at an annualized rate of 58.2%, from $367k in 2022 to $3.64M in 2017.

Exports from Benin () to Cyprus () (2022)

Exports from Cyprus () to Benin () (2022)

Latest Data

Trade between Benin () and Cyprus ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Benin included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

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

Comparative Advantage Benin - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Cyprus in the exports of Machines ($8.77k), Foodstuffs ($117), and Footwear and Headwear ($106).

During 2017, Cyprus had a large net trade with Benin in the exports of Transportation ($3.31M), Animal Products ($162k), and Textiles ($64.9k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Cyprus () (2022)

Exports from Cyprus () to Benin () (2022)

Latest Data

Trade between Benin () and Cyprus ()

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Benin - Cyprus

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring