2022
Flag  
GDP
$17.4BCURRENT US$
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2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
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2022
Flag
 GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC 
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
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About

Benin-Nepal Trade: In 2021, Benin exported $359k 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 67%, from $16.6k in 2015 to $359k 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 2022,  Benin ranked 86 in the Economic Complexity Index (ECI -0.5),  and 149 in total exports ($1.67B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Benin exported $359k 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 67%, from $16.6k in 2015 to $359k 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 Destination
India$448M
Nepal
Top Destination
India$956M

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 2022, countries that imported more from Benin than Nepal included Bangladesh ($406M), United Arab Emirates ($382M), and China ($60.2M).

In 2022, countries that imported more from Nepal than Benin included India ($956M), United States ($152M), and Germany ($43M).

Difference in imports from Nepal (Flag) and Benin (Flag) (2022)

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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