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Pricing

2019
Flag → Flag
Exports $171Rnk 42 / 0
2019
Flag → Flag
Exports $90.8kRnk 173 / 205
2019
Flag → Flag
Top Product $42.1kSowing Seeds
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Benin-Philippines Trade: In 2019, Benin exported $171 to Philippines. The main products that Benin exported to Philippines were N/A. Over the past 11 years the exports of Benin to Philippines have decreased at an annualized rate of 21.4%, from $2.42k in 2008 to $171 in 2019.

In 2019, Benin did not export any services to Philippines.

Philippines-Benin Trade: In 2019, Philippines exported $90.8k to Benin. The main products that Philippines exported to Benin were Sowing Seeds ($42.1k), Other Edible Preparations ($33.7k), and Knit T-shirts ($10.5k). Over the past 11 years the exports of Philippines to Benin have decreased at an annualized rate of 24%,  from $358k in 2008 to $90.8k in 2019.

In 2019, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Benin exported $171 to Philippines. There were not main exports from Benin to Philippines in 2019. During the last 11 years the exports of Benin to Philippines have decreased at an annualized rate of 21.4%, from $2.42k in 2008 to $171 in 2019.

In 2017, Philippines exported $90.8k to Benin. The main products exported from Philippines to Benin were Sowing Seeds ($42.1k), Other Edible Preparations ($33.7k), and Knit T-shirts ($10.5k). During the last 5 years the exports of Philippines to Benin have decreased at an annualized rate of 24%, from $358k in 2022 to $90.8k in 2017.

Exports from Benin (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Benin (Flag) (2022)

Latest Data

Trade between Benin (Flag) and Philippines (Flag)

Benin Exports

Philippines Exports

Market Competitiveness

Color
Benin
Top DestinationIndia$448M
Philippines
Top DestinationUnited States$15.5B

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 2022, countries that imported more from Benin than Philippines included Bangladesh ($406M), Togo ($35.9M), and Chad ($28M).

In 2022, countries that imported more from Philippines than Benin included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Benin - Philippines

Flow
Scale

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

During 2019, Benin had a large net trade with Philippines in the exports of .

During 2017, Philippines had a large net trade with Benin in the exports of Vegetable Products ($42.1k), Foodstuffs ($33.7k), and Textiles ($12.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Benin (Flag) and Philippines (Flag) (2022)

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