Benin (BEN) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Benin-Malaysia Trade: In 2023, Benin exported $14.8M to Malaysia. The main products that Benin exported to Malaysia were Raw Cotton ($6.95M), Other Pure Vegetable Oils ($6.5M), and Soybeans ($497k). Over the past 5 years the exports of Benin to Malaysia have increased at an annualized rate of 20.3%, from $5.87M in 2018 to $14.8M in 2023.

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

Malaysia-Benin Trade: In 2023, Malaysia exported $131M to Benin. The main products that Malaysia exported to Benin were Palm Oil ($103M), Malt Extract ($12.9M), and Concentrated Milk ($4.15M). Over the past 5 years the exports of Malaysia to Benin have decreased at an annualized rate of 1.01%, from $138M in 2018 to $131M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Benin exported $14.8M to Malaysia. The main products exported from Benin to Malaysia were Raw Cotton ($6.95M), Other Pure Vegetable Oils ($6.5M), and Soybeans ($497k). During the last 5 years the exports of Benin to Malaysia have increased at an annualized rate of 20.3%, from $5.87M in 2018 to $14.8M in 2023.

In 2018, Malaysia exported $131M to Benin. The main products exported from Malaysia to Benin were Palm Oil ($103M), Malt Extract ($12.9M), and Concentrated Milk ($4.15M). During the last 5 years the exports of Malaysia to Benin have decreased at an annualized rate of 1.01%, from $138M in 2023 to $131M in 2018.

Exports from Benin () to Malaysia () (2023)

Exports from Malaysia () to Benin () (2023)

Latest Data

Trade between Benin () and Malaysia ()

Benin Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationUnited Arab Emirates$803M

Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Benin than Malaysia included Chad ($36.7M) and Mali ($4.67M).

In 2023, countries that imported more from Malaysia than Benin included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Benin - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Benin had a large net trade with Malaysia in the exports of Textiles ($6.97M), Animal and Vegetable Bi-Products ($6.5M), and Vegetable Products ($673k).

During 2018, Malaysia had a large net trade with Benin in the exports of Animal and Vegetable Bi-Products ($104M), Foodstuffs ($13M), and Chemical Products ($4.37M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Malaysia+$2.28MRaw Cotton

Top Product Potential Malaysia Benin+$3.23MRefined 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 Malaysia. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Benin.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Malaysia () (2023)

Exports from Malaysia () to Benin () (2023)

Latest Data

Trade between Benin () and Malaysia ()

Benin Exports

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Benin - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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