Benin (BEN) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Benin-Hong Kong Trade: In 2022, Benin exported $138k to Hong Kong. The main products that Benin exported to Hong Kong were Edible Offal ($86.8k), Horse Meat ($20.2k), and Processed Crustaceans ($19.1k). Over the past 5 years the exports of Benin to Hong Kong have decreased at an annualized rate of 22%, from $478k in 2017 to $138k in 2022.

In 2022, Benin did not export any services to Hong Kong.

Hong Kong-Benin Trade: In 2022, Hong Kong exported $15.1M to Benin. The main products that Hong Kong exported to Benin were Broadcasting Equipment ($3.06M), Hot-Rolled Iron Bars ($1.91M), and Rice ($1.48M). Over the past 5 years the exports of Hong Kong to Benin have decreased at an annualized rate of 1.37%, from $16.1M in 2017 to $15.1M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $138k to Hong Kong. The main products exported from Benin to Hong Kong were Edible Offal ($86.8k), Horse Meat ($20.2k), and Processed Crustaceans ($19.1k). During the last 5 years the exports of Benin to Hong Kong have decreased at an annualized rate of 22%, from $478k in 2017 to $138k in 2022.

In 2017, Hong Kong exported $15.1M to Benin. The main products exported from Hong Kong to Benin were Broadcasting Equipment ($3.06M), Hot-Rolled Iron Bars ($1.91M), and Rice ($1.48M). During the last 5 years the exports of Hong Kong to Benin have decreased at an annualized rate of 1.37%, from $16.1M in 2022 to $15.1M in 2017.

Exports from Benin () to Hong Kong () (2022)

Exports from Hong Kong () to Benin () (2022)

Latest Data

Trade between Benin () and Hong Kong ()

Benin Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Benin than Hong Kong included Chad ($28M), Niger ($16.9M), and Burkina Faso ($9.13M).

In 2022, countries that imported more from Hong Kong than Benin included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong () and Benin () (2022)

Comparative Advantage Benin - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Hong Kong in the exports of Animal Products ($110k), Foodstuffs ($20.3k), and Machines ($7.16k).

During 2017, Hong Kong had a large net trade with Benin in the exports of Machines ($5.77M), Metals ($2.81M), and Vegetable Products ($1.48M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Hong Kong+$38.9kTelephones

Top Product Potential Hong Kong Benin+$1.36MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Hong Kong () (2022)

Exports from Hong Kong () to Benin () (2022)

Latest Data

Trade between Benin () and Hong Kong ()

Benin Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Benin () (2022)

Comparative Advantage Benin - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Benin () and Hong Kong () (2022)

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