Bangladesh (BGD) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Bangladesh-Benin Trade: In 2023, Bangladesh exported $23.7k to Benin. The main products that Bangladesh exported to Benin were Flavored Water ($20.4k) and Packing Bags ($3.29k). Over the past 5 years the exports of Bangladesh to Benin have decreased at an annualized rate of 33.5%, from $183k in 2018 to $23.7k in 2023.

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

Benin-Bangladesh Trade: In 2023, Benin exported $391M to Bangladesh. The main products that Benin exported to Bangladesh were Raw Cotton ($391M), Packing Bags ($265k), and Cotton Waste ($31k). Over the past 5 years the exports of Benin to Bangladesh have increased at an annualized rate of 10.4%, from $216M in 2018 to $391M in 2023.

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

Comparison: In 2023, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bangladesh exported $23.7k to Benin. The main products exported from Bangladesh to Benin were Flavored Water ($20.4k) and Packing Bags ($3.29k). During the last 5 years the exports of Bangladesh to Benin have decreased at an annualized rate of 33.5%, from $183k in 2018 to $23.7k in 2023.

In 2018, Benin exported $391M to Bangladesh. The main products exported from Benin to Bangladesh were Raw Cotton ($391M), Packing Bags ($265k), and Cotton Waste ($31k). During the last 5 years the exports of Benin to Bangladesh have increased at an annualized rate of 10.4%, from $216M in 2023 to $391M in 2018.

Exports from Bangladesh () to Benin () (2023)

Exports from Benin () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Benin ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Bangladesh than Benin included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Benin than Bangladesh included Togo ($53.9M), Chad ($36.7M), and Vietnam ($17.7M).

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

Comparative Advantage Bangladesh - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bangladesh had a large net trade with Benin in the exports of Foodstuffs ($20.4k) and Textiles ($3.29k).

During 2018, Benin had a large net trade with Bangladesh in the exports of Textiles ($391M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Benin+$85.9kPacking Bags

Top Product Potential Benin Bangladesh+$62.9kCotton Waste

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

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Benin () (2023)

Exports from Benin () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Benin ()

Benin Exports

Market Competitiveness

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

Comparative Advantage Bangladesh - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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