Benin (BEN) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Benin-Philippines Trade: In 2023, Benin exported $5.93k to Philippines. The main products that Benin exported to Philippines were Sculptures ($5.93k). Over the past 11 years the exports of Benin to Philippines have decreased at an annualized rate of 25.3%, from $147k in 2012 to $5.93k in 2023.

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

Philippines-Benin Trade: In 2023, Philippines exported $55.6k to Benin. The main products that Philippines exported to Benin were Electrical Transformers ($50.6k), Knit T-shirts ($2.71k), and Knit Men's Undergarments ($997). Over the past 11 years the exports of Philippines to Benin have increased at an annualized rate of 33%, from $13.4k in 2012 to $55.6k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Benin exported $5.93k to Philippines. The main products exported from Benin to Philippines were Sculptures ($5.93k). During the last 11 years the exports of Benin to Philippines have decreased at an annualized rate of 25.3%, from $147k in 2012 to $5.93k in 2023.

In 2018, Philippines exported $55.6k to Benin. The main products exported from Philippines to Benin were Electrical Transformers ($50.6k), Knit T-shirts ($2.71k), and Knit Men's Undergarments ($997). During the last 5 years the exports of Philippines to Benin have increased at an annualized rate of 33%, from $13.4k in 2023 to $55.6k in 2018.

Exports from Benin () to Philippines () (2023)

Exports from Philippines () to Benin () (2023)

Latest Data

Trade between Benin () and Philippines ()

Benin Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationUnited Arab Emirates$803M

Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Benin than Philippines included Bangladesh ($391M), Togo ($53.9M), and Chad ($36.7M).

In 2023, countries that imported more from Philippines than Benin included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Benin - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Benin had a large net trade with Philippines in the exports of Arts and Antiques ($5.93k).

During 2018, Philippines had a large net trade with Benin in the exports of Machines ($50.9k) and Textiles ($4.68k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Philippines+$4.07kRefined Petroleum

Top Product Potential Philippines Benin+$7.34kSowing Seeds

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Philippines () (2023)

Exports from Philippines () to Benin () (2023)

Latest Data

Trade between Benin () and Philippines ()

Benin Exports

Philippines Exports

Market Competitiveness

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

Comparative Advantage Benin - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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