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2021
Flag → Flag
Exports $366kRnk 34 / 0
2021
Flag → Flag
Exports $2.51BRnk 7 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 83 / 132
2023
Flag  
GDP$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
 GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 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$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

Benin-Nepal Trade: In 2021, Benin exported $366k to Nepal. The main products that Benin exported to Nepal were N/A. Over the past 6 years the exports of Benin to Nepal have increased at an annualized rate of 65.4%, from $17.9k in 2015 to $366k in 2021.

In 2021, Benin did not export any services to Nepal.

Nepal-Benin In N/A, Nepal did not export any products to Benin.

In 2021, Nepal 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, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Benin exported $366k to Nepal. There were not main exports from Benin to Nepal in 2021. During the last 6 years the exports of Benin to Nepal have increased at an annualized rate of 65.4%, from $17.9k in 2015 to $366k in 2021.

Nepal does not register exports to Benin.

Exports from Benin (Flag) to Nepal (Flag) (2021)

Exports from Nepal (Flag) to Benin (Flag) (2021)

Market Competitiveness

Color
Benin
Top DestinationUnited Arab Emirates$803M
Nepal
Top DestinationIndia$811M

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

In 2023, countries that imported more from Benin than Nepal included United Arab Emirates ($803M), Bangladesh ($391M), and China ($102M).

In 2023, countries that imported more from Nepal than Benin included India ($811M), United States ($140M), and Germany ($38.8M).

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

Comparative Advantage Benin - Nepal

Flow
Scale

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

During 2021, Benin had a large net trade with Nepal in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Nepal+$3.11kGold
Top Product Potential Nepal Benin+$2.42kPalm Oil

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

Product Space of Benin (Flag) and Nepal (Flag) (2021)

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