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2023
Flag → Flag
Exports $14.4MRnk 15 / 120
2023
Flag → Flag
Top Product $4.68MLarge Construction Vehicles
2023
Flag → Flag
Exports $86.2MRnk 123 / 224
2023
Flag → Flag
Top Product $17.8MLight Pure Woven Cotton
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 83 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC $1,394CURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 104 / 195
2023
Flag
GDP PC$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Benin-Netherlands Trade: In 2023, Benin exported $14.4M to Netherlands. The main products that Benin exported to Netherlands were Large Construction Vehicles ($4.68M), Delivery Trucks ($1.89M), and Excavation Machinery ($1.76M). Over the past 5 years the exports of Benin to Netherlands have increased at an annualized rate of 21.2%, from $5.51M in 2018 to $14.4M in 2023.

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

Netherlands-Benin Trade: In 2023, Netherlands exported $86.2M to Benin. The main products that Netherlands exported to Benin were Light Pure Woven Cotton ($17.8M), Refined Petroleum ($12.1M), and Large Construction Vehicles ($7.23M). Over the past 5 years the exports of Netherlands to Benin have decreased at an annualized rate of 9.51%,  from $142M in 2018 to $86.2M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Benin exported $14.4M to Netherlands. The main products exported from Benin to Netherlands were Large Construction Vehicles ($4.68M), Delivery Trucks ($1.89M), and Excavation Machinery ($1.76M). During the last 5 years the exports of Benin to Netherlands have increased at an annualized rate of 21.2%, from $5.51M in 2018 to $14.4M in 2023.

In 2018, Netherlands exported $86.2M to Benin. The main products exported from Netherlands to Benin were Light Pure Woven Cotton ($17.8M), Refined Petroleum ($12.1M), and Large Construction Vehicles ($7.23M). During the last 5 years the exports of Netherlands to Benin have decreased at an annualized rate of 9.51%, from $142M in 2023 to $86.2M in 2018.

Exports from Benin (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Benin (Flag) (2023)

Latest Data

Trade between Benin (Flag) and Netherlands (Flag)

Benin Exports

Netherlands Exports

Market Competitiveness

Color
Benin
Top DestinationUnited Arab Emirates$803M
Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Benin than Netherlands included Bangladesh ($391M).

In 2023, countries that imported more from Netherlands than Benin included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

Difference in imports from Netherlands (Flag) and Benin (Flag) (2023)

Comparative Advantage Benin - Netherlands

Flow
Scale

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

During 2023, Benin had a large net trade with Netherlands in the exports of Machines ($7.39M), Transportation ($1.98M), and Metals ($1.89M).

During 2018, Netherlands had a large net trade with Benin in the exports of Textiles ($18.2M), Animal Products ($15.5M), and Machines ($15M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Netherlands+$799kSoybeans
Top Product Potential Netherlands Benin+$10MRefined 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

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

Product Space of Benin (Flag) and Netherlands (Flag) (2023)

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