Benin (BEN) and El Salvador (SLV) Trade | The Observatory of Economic Complexity

About

Benin-El Salvador Trade: In 2022, Benin exported $210 to El Salvador. The main products that Benin exported to El Salvador were Iron Nails ($204) and Rubber Belting ($6). Over the past 19 years the exports of Benin to El Salvador have decreased at an annualized rate of 16.4%, from $6.27k in 2003 to $210 in 2022.

In 2022, Benin did not export any services to El Salvador.

El Salvador-Benin Trade: In 2022, El Salvador exported $71.5k to Benin. The main products that El Salvador exported to Benin were N/A. Over the past 19 years the exports of El Salvador to Benin have increased at an annualized rate of 38.1%, from $14.2k in 2003 to $71.5k in 2022.

In 2022, El Salvador 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, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $210 to El Salvador. The main products exported from Benin to El Salvador were Iron Nails ($204) and Rubber Belting ($6). During the last 19 years the exports of Benin to El Salvador have decreased at an annualized rate of 16.4%, from $6.27k in 2003 to $210 in 2022.

In 2009, El Salvador exported $71.5k to Benin. There were not main exports from El Salvador to Benin in 2009. During the last 5 years the exports of El Salvador to Benin have increased at an annualized rate of 38.1%, from $14.2k in 2014 to $71.5k in 2009.

Exports from Benin () to El Salvador () (2022)

Exports from El Salvador () to Benin () (2022)

Latest Data

Trade between Benin () and El Salvador ()

Benin Exports

Date

Sep 2014

Jun 2014

Jan 2014

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

El Salvador
Top DestinationUnited States$2.87B

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

In 2022, countries that imported more from Benin than El Salvador included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

In 2022, countries that imported more from El Salvador than Benin included United States ($2.87B), Guatemala ($1.21B), and Honduras ($1.18B).

Difference in imports from El Salvador () and Benin () (2022)

Comparative Advantage Benin - El Salvador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with El Salvador in the exports of Metals ($204) and Plastics and Rubbers ($6).

During 2009, El Salvador had a large net trade with Benin in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin El Salvador+$2.75kRaw Cotton

Top Product Potential El Salvador Benin+$2.13kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to El Salvador () (2022)

Exports from El Salvador () to Benin () (2022)

Latest Data

Trade between Benin () and El Salvador ()

Benin Exports

Market Competitiveness

Difference in imports from El Salvador () and Benin () (2022)

Comparative Advantage Benin - El Salvador

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Benin () and El Salvador () (2022)

Keep Exploring