2022
Flag  
GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC 
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Benin-Iran Trade: In 2019, Benin exported $393 to Iran. The main products that Benin exported to Iran were N/A. Over the past 6 years the exports of Benin to Iran have decreased at an annualized rate of 14.6%, from $1.02k in 2013 to $393 in 2019.

In 2019, Benin did not export any services to Iran.

Iran-Benin Trade: In 2019, Iran exported $412k to Benin. The main products that Iran exported to Benin were Pasta ($294k), Used Clothing ($118k), and Office Machine Parts ($483). Over the past 6 years the exports of Iran to Benin have decreased at an annualized rate of 10.6%,  from $721k in 2013 to $412k in 2019.

In 2019, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Benin exported $393 to Iran. There were not main exports from Benin to Iran in 2019. During the last 6 years the exports of Benin to Iran have decreased at an annualized rate of 14.6%, from $1.02k in 2013 to $393 in 2019.

In 2017, Iran exported $412k to Benin. The main products exported from Iran to Benin were Pasta ($294k), Used Clothing ($118k), and Office Machine Parts ($483). During the last 5 years the exports of Iran to Benin have decreased at an annualized rate of 10.6%, from $721k in 2022 to $412k in 2017.

Exports from Benin (Flag) to Iran (Flag) (2022)

Exports from Iran (Flag) to Benin (Flag) (2022)

Latest Data

Trade between Benin (Flag) and Iran (Flag)

Benin Exports

Market Competitiveness

Color
Benin
Top Destination
India$448M
Iran
Top Destination
China$5.72B

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

In 2022, countries that imported more from Benin than Iran included Bangladesh ($406M), Egypt ($41.7M), and Togo ($35.9M).

In 2022, countries that imported more from Iran than Benin included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

Difference in imports from Iran (Flag) and Benin (Flag) (2022)

Comparative Advantage Benin - Iran

Flow
Scale

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

During 2019, Benin had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Benin in the exports of Foodstuffs ($294k), Textiles ($118k), and Machines ($483).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Iran+$4.74kSoybeans
Top Product Potential Iran Benin+$36.9kPasta

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

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

Product Space of Benin (Flag) and Iran (Flag) (2022)

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