2022
Flag  
GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC 
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186

About

Benin-Chinese Taipei Trade: In 2022, Benin exported $76.3k to Chinese Taipei. The main products that Benin exported to Chinese Taipei were Other Vegetable Residues ($75.9k), Motor vehicles; parts and accessories (8701 to 8705) ($269), and Bells and Other Metal Ornaments ($101). Over the past 6 years the exports of Benin to Chinese Taipei have decreased at an annualized rate of 44.1%, from $2.49M in 2016 to $76.3k in 2022.

In 2022, Benin did not export any services to Chinese Taipei.

Chinese Taipei-Benin Trade: In 2022, Chinese Taipei exported $32M to Benin. The main products that Chinese Taipei exported to Benin were Refined Petroleum ($27.1M), Rubberworking Machinery ($1.58M), and Integrated Circuits ($857k). Over the past 6 years the exports of Chinese Taipei to Benin have increased at an annualized rate of 49.4%,  from $4.29M in 2016 to $32M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Benin exported $76.3k to Chinese Taipei. The main products exported from Benin to Chinese Taipei were Other Vegetable Residues ($75.9k), Motor vehicles; parts and accessories (8701 to 8705) ($269), and Bells and Other Metal Ornaments ($101). During the last 6 years the exports of Benin to Chinese Taipei have decreased at an annualized rate of 44.1%, from $2.49M in 2016 to $76.3k in 2022.

In 2017, Chinese Taipei exported $32M to Benin. The main products exported from Chinese Taipei to Benin were Refined Petroleum ($27.1M), Rubberworking Machinery ($1.58M), and Integrated Circuits ($857k). During the last 5 years the exports of Chinese Taipei to Benin have increased at an annualized rate of 49.4%, from $4.29M in 2022 to $32M in 2017.

Exports from Benin (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Benin (Flag) (2022)

Market Competitiveness

Color
Benin
Top Destination
India$448M
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Benin than Chinese Taipei included Chad ($28M), Niger ($16.9M), and Mali ($7.69M).

In 2022, countries that imported more from Chinese Taipei than Benin included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Benin (Flag) (2022)

Comparative Advantage Benin - Chinese Taipei

Flow
Scale

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

During 2022, Benin had a large net trade with Chinese Taipei in the exports of Foodstuffs ($75.9k), Transportation ($269), and Metals ($101).

During 2017, Chinese Taipei had a large net trade with Benin in the exports of Mineral Products ($27.1M), Machines ($3.83M), and Plastics and Rubbers ($786k).

Economic Complexity

Competitive Landscape

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

Product Space of Benin (Flag) and Chinese Taipei (Flag) (2022)

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