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

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Benin-Malaysia Trade: In 2022, Benin exported $3.96M to Malaysia. The main products that Benin exported to Malaysia were Raw Cotton ($1.85M), Other Pure Vegetable Oils ($1.54M), and Refined Petroleum ($474k). Over the past 5 years the exports of Benin to Malaysia have decreased at an annualized rate of 45.8%, from $85.1M in 2017 to $3.96M in 2022.

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

Malaysia-Benin Trade: In 2022, Malaysia exported $156M to Benin. The main products that Malaysia exported to Benin were Palm Oil ($117M), Malt Extract ($19M), and Soap ($6.05M). Over the past 5 years the exports of Malaysia to Benin have decreased at an annualized rate of 6.71%, from $292M in 2017 to $156M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $3.96M to Malaysia. The main products exported from Benin to Malaysia were Raw Cotton ($1.85M), Other Pure Vegetable Oils ($1.54M), and Refined Petroleum ($474k). During the last 5 years the exports of Benin to Malaysia have decreased at an annualized rate of 45.8%, from $85.1M in 2017 to $3.96M in 2022.

In 2017, Malaysia exported $156M to Benin. The main products exported from Malaysia to Benin were Palm Oil ($117M), Malt Extract ($19M), and Soap ($6.05M). During the last 5 years the exports of Malaysia to Benin have decreased at an annualized rate of 6.71%, from $292M in 2022 to $156M in 2017.

Exports from Benin () to Malaysia () (2022)

Exports from Malaysia () to Benin () (2022)

Latest Data

Trade between Benin () and Malaysia ()

Benin Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Malaysia
Top DestinationSingapore$53.8B

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 2022, countries that imported more from Benin than Malaysia included Chad ($28M), Mali ($7.69M), and Niger ($16.9M).

In 2022, countries that imported more from Malaysia than Benin included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

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 2022, Benin had a large net trade with Malaysia in the exports of Textiles ($1.85M), Animal and Vegetable Bi-Products ($1.54M), and Mineral Products ($474k).

During 2017, Malaysia had a large net trade with Benin in the exports of Animal and Vegetable Bi-Products ($117M), Foodstuffs ($19.3M), and Chemical Products ($6.9M).

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.

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Historical Data

Bilateral Trade by Products

Exports from Benin () to Malaysia () (2022)

Exports from Malaysia () to Benin () (2022)

Latest Data

Trade between Benin () and Malaysia ()

Benin Exports

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Benin - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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