Benin (BEN) and India (IND) Trade | The Observatory of Economic Complexity

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Benin-India Trade: In 2023, Benin exported $216M to India. The main products that Benin exported to India were Coconuts, Brazil Nuts, and Cashews ($112M), Refined Petroleum ($30.5M), and Sawn Wood ($22.9M). Over the past 5 years the exports of Benin to India have decreased at an annualized rate of 12.1%, from $411M in 2018 to $216M in 2023.

In 2023, Benin did not export any services to India.

India-Benin Trade: In 2023, India exported $842M to Benin. The main products that India exported to Benin were Rice ($518M), Refined Petroleum ($43M), and Light Pure Woven Cotton ($37.8M). Over the past 5 years the exports of India to Benin have increased at an annualized rate of 6.75%, from $533M in 2018 to $842M in 2023.

In 2023, India did not export any services to Benin.

Comparison: In 2023, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Benin exported $216M to India. The main products exported from Benin to India were Coconuts, Brazil Nuts, and Cashews ($112M), Refined Petroleum ($30.5M), and Sawn Wood ($22.9M). During the last 5 years the exports of Benin to India have decreased at an annualized rate of 12.1%, from $411M in 2018 to $216M in 2023.

In 2018, India exported $842M to Benin. The main products exported from India to Benin were Rice ($518M), Refined Petroleum ($43M), and Light Pure Woven Cotton ($37.8M). During the last 5 years the exports of India to Benin have increased at an annualized rate of 6.75%, from $533M in 2023 to $842M in 2018.

Exports from Benin () to India () (2023)

Exports from India () to Benin () (2023)

Latest Data

Trade between Benin () and India ()

Benin Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationUnited Arab Emirates$803M

India
Top DestinationUnited States$85.5B

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

In 2023, no countries were registered that imported more from Benin than from India.

In 2023, countries that imported more from India than Benin included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India () and Benin () (2023)

Comparative Advantage Benin - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Benin had a large net trade with India in the exports of Vegetable Products ($119M), Wood Products ($48.2M), and Mineral Products ($30.5M).

During 2018, India had a large net trade with Benin in the exports of Vegetable Products ($521M), Machines ($54.8M), and Foodstuffs ($54.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin India+$32.2MGold

Top Product Potential India Benin+$11.7MRefined 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 India. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Benin.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to India () (2023)

Exports from India () to Benin () (2023)

Latest Data

Trade between Benin () and India ()

Benin Exports

India Exports

Market Competitiveness

Difference in imports from India () and Benin () (2023)

Comparative Advantage Benin - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Benin () and India () (2023)

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