Benin (BEN) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Benin-Norway Trade: In 2022, Benin exported $44.2k to Norway. The main products that Benin exported to Norway were N/A. Over the past 5 years the exports of Benin to Norway have increased at an annualized rate of 2.22%, from $39.6k in 2017 to $44.2k in 2022.

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

Norway-Benin Trade: In 2022, Norway exported $24.1M to Benin. The main products that Norway exported to Benin were Refined Petroleum ($18.3M), Cars ($1.66M), and High-voltage Protection Equipment ($1.48M). Over the past 5 years the exports of Norway to Benin have decreased at an annualized rate of 9.13%, from $38.9M in 2017 to $24.1M in 2022.

In 2022, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $44.2k to Norway. There were not main exports from Benin to Norway in 2022. During the last 5 years the exports of Benin to Norway have increased at an annualized rate of 2.22%, from $39.6k in 2017 to $44.2k in 2022.

In 2018, Norway exported $24.1M to Benin. The main products exported from Norway to Benin were Refined Petroleum ($18.3M), Cars ($1.66M), and High-voltage Protection Equipment ($1.48M). During the last 5 years the exports of Norway to Benin have decreased at an annualized rate of 9.13%, from $38.9M in 2023 to $24.1M in 2018.

Exports from Benin () to Norway () (2023)

Exports from Norway () to Benin () (2023)

Latest Data

Trade between Benin () and Norway ()

Benin Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationUnited Arab Emirates$803M

Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Benin than Norway included Bangladesh ($391M), United Arab Emirates ($803M), and Togo ($53.9M).

In 2023, countries that imported more from Norway than Benin included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Comparative Advantage Benin - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Norway in the exports of .

During 2018, Norway had a large net trade with Benin in the exports of Mineral Products ($18.3M), Machines ($2.55M), and Transportation ($2.02M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Norway+$210kRefined Petroleum

Top Product Potential Norway Benin+$500kRefined 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 Norway. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Benin.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Norway () (2023)

Exports from Norway () to Benin () (2023)

Latest Data

Trade between Benin () and Norway ()

Benin Exports

Norway Exports

Market Competitiveness

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

Comparative Advantage Benin - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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