Benin (BEN) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Benin-Russia Trade: In 2022, Benin exported $626k to Russia. The main products that Benin exported to Russia were Other Oily Seeds ($626k). Over the past 5 years the exports of Benin to Russia have increased at an annualized rate of 60%, from $59.6k in 2017 to $626k in 2022.

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

Russia-Benin Trade: In 2022, Russia exported $28.9M to Benin. The main products that Russia exported to Benin were Wheat ($7.58M), Coal Briquettes ($6.73M), and Refined Petroleum ($5.07M). Over the past 5 years the exports of Russia to Benin have increased at an annualized rate of 20.1%, from $11.6M in 2017 to $28.9M in 2022.

In 2020, Russia exported services to Benin worth $906k, with Other business services ($856k), Financial services ($20k), and Transportation ($15k) being the largest in terms of value.

Comparison: In 2022, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $626k to Russia. The main products exported from Benin to Russia were Other Oily Seeds ($626k). During the last 5 years the exports of Benin to Russia have increased at an annualized rate of 60%, from $59.6k in 2017 to $626k in 2022.

In 2017, Russia exported $28.9M to Benin. The main products exported from Russia to Benin were Wheat ($7.58M), Coal Briquettes ($6.73M), and Refined Petroleum ($5.07M). During the last 5 years the exports of Russia to Benin have increased at an annualized rate of 20.1%, from $11.6M in 2022 to $28.9M in 2017.

Exports from Benin () to Russia () (2022)

Exports from Russia () to Benin () (2022)

Latest Data

Trade between Benin () and Russia ()

Benin Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Russia
Top DestinationChina$101B

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

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

In 2022, countries that imported more from Russia than Benin included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Benin () (2022)

Comparative Advantage Benin - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Russia in the exports of Vegetable Products ($626k).

During 2017, Russia had a large net trade with Benin in the exports of Mineral Products ($11.8M), Vegetable Products ($7.6M), and Animal Products ($7.39M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Russia+$434kOther Oily Seeds

Top Product Potential Russia Benin+$8.74MRefined 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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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Benin worth $906k, with Other business services ($856k), Financial services ($20k), and Transportation ($15k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Benin () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Benin and Russia. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Benin.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Russia () (2022)

Exports from Russia () to Benin () (2022)

Latest Data

Trade between Benin () and Russia ()

Benin Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Benin () (2022)

Comparative Advantage Benin - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Benin () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Benin () and Russia () (2022)

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