Benin (BEN) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Benin-Namibia Trade: In 2022, Benin exported $18.4k to Namibia. The main products that Benin exported to Namibia were Other Vegetable Residues ($17.7k), Beauty Products ($413), and Soap ($141). Over the past 5 years the exports of Benin to Namibia have increased at an annualized rate of 16.4%, from $8.62k in 2017 to $18.4k in 2022.

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

Namibia-Benin Trade: In 2022, Namibia exported $50.1k to Benin. The main products that Namibia exported to Benin were Excavation Machinery ($28.4k), Motor vehicles; parts and accessories (8701 to 8705) ($19.1k), and Unpackaged Medicaments ($1.85k). Over the past 5 years the exports of Namibia to Benin have decreased at an annualized rate of 56.8%, from $3.34M in 2017 to $50.1k in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $18.4k to Namibia. The main products exported from Benin to Namibia were Other Vegetable Residues ($17.7k), Beauty Products ($413), and Soap ($141). During the last 5 years the exports of Benin to Namibia have increased at an annualized rate of 16.4%, from $8.62k in 2017 to $18.4k in 2022.

In 2017, Namibia exported $50.1k to Benin. The main products exported from Namibia to Benin were Excavation Machinery ($28.4k), Motor vehicles; parts and accessories (8701 to 8705) ($19.1k), and Unpackaged Medicaments ($1.85k). During the last 5 years the exports of Namibia to Benin have decreased at an annualized rate of 56.8%, from $3.34M in 2022 to $50.1k in 2017.

Exports from Benin () to Namibia () (2022)

Exports from Namibia () to Benin () (2022)

Latest Data

Trade between Benin () and Namibia ()

Benin Exports

Date

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from Benin than Namibia included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

In 2022, countries that imported more from Namibia than Benin included South Africa ($1.75B), Botswana ($672M), and China ($628M).

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

Comparative Advantage Benin - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Namibia in the exports of Foodstuffs ($17.7k), Chemical Products ($615), and Textiles ($110).

During 2017, Namibia had a large net trade with Benin in the exports of Machines ($28.9k), Transportation ($19.1k), and Chemical Products ($1.86k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Namibia+$12.4kOther Vegetable Residues

Top Product Potential Namibia Benin+$23.1kMotor vehicles; parts and accessories (8701 to 8705)

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Namibia () (2022)

Exports from Namibia () to Benin () (2022)

Latest Data

Trade between Benin () and Namibia ()

Benin Exports

Namibia Exports

Market Competitiveness

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

Comparative Advantage Benin - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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