Benin (BEN) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Benin-Denmark Trade: In 2022, Benin exported $11.1M to Denmark. The main products that Benin exported to Denmark were Other Oily Seeds ($11M), Gas and Liquid Flow Measuring Instruments ($66.2k), and Other Vegetable Products ($7.02k). Over the past 5 years the exports of Benin to Denmark have decreased at an annualized rate of 13.3%, from $22.6M in 2017 to $11.1M in 2022.

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

Denmark-Benin Trade: In 2022, Denmark exported $12.5M to Benin. The main products that Denmark exported to Benin were Electric Generating Sets ($1.34M), Vaccines, blood, antisera, toxins and cultures ($1.25M), and Excavation Machinery ($1.12M). Over the past 5 years the exports of Denmark to Benin have increased at an annualized rate of 5.52%, from $9.59M in 2017 to $12.5M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $11.1M to Denmark. The main products exported from Benin to Denmark were Other Oily Seeds ($11M), Gas and Liquid Flow Measuring Instruments ($66.2k), and Other Vegetable Products ($7.02k). During the last 5 years the exports of Benin to Denmark have decreased at an annualized rate of 13.3%, from $22.6M in 2017 to $11.1M in 2022.

In 2017, Denmark exported $12.5M to Benin. The main products exported from Denmark to Benin were Electric Generating Sets ($1.34M), Vaccines, blood, antisera, toxins and cultures ($1.25M), and Excavation Machinery ($1.12M). During the last 5 years the exports of Denmark to Benin have increased at an annualized rate of 5.52%, from $9.59M in 2022 to $12.5M in 2017.

Exports from Benin () to Denmark () (2022)

Exports from Denmark () to Benin () (2022)

Latest Data

Trade between Benin () and Denmark ()

Benin Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Benin than Denmark included Bangladesh ($406M), Togo ($35.9M), and Chad ($28M).

In 2022, countries that imported more from Denmark than Benin included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Benin - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Denmark in the exports of Vegetable Products ($11M), Instruments ($66.2k), and Machines ($3.89k).

During 2017, Denmark had a large net trade with Benin in the exports of Machines ($6.53M), Animal Products ($2.08M), and Chemical Products ($1.52M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Denmark+$27.3kGas and Liquid Flow Measuring Instruments

Top Product Potential Denmark Benin+$1.84MRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Denmark () (2022)

Exports from Denmark () to Benin () (2022)

Latest Data

Trade between Benin () and Denmark ()

Benin Exports

Denmark Exports

Market Competitiveness

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

Comparative Advantage Benin - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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