Colombia (COL) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Colombia-Benin Trade: In 2022, Colombia exported $338k to Benin. The main products that Colombia exported to Benin were Packing Bags ($112k), Plastic Lids ($109k), and Baked Goods ($82.2k). Over the past 5 years the exports of Colombia to Benin have decreased at an annualized rate of 15.9%, from $804k in 2017 to $338k in 2022.

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

Benin-Colombia Trade: In 2022, Benin exported $14.1k to Colombia. The main products that Benin exported to Colombia were Other Oily Seeds ($11.5k), Copper Springs ($2.09k), and Heavy Pure Woven Cotton ($300). Over the past 5 years the exports of Benin to Colombia have increased at an annualized rate of 15.3%, from $6.93k in 2017 to $14.1k in 2022.

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

Comparison: In 2022, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Colombia exported $338k to Benin. The main products exported from Colombia to Benin were Packing Bags ($112k), Plastic Lids ($109k), and Baked Goods ($82.2k). During the last 5 years the exports of Colombia to Benin have decreased at an annualized rate of 15.9%, from $804k in 2017 to $338k in 2022.

In 2017, Benin exported $14.1k to Colombia. The main products exported from Benin to Colombia were Other Oily Seeds ($11.5k), Copper Springs ($2.09k), and Heavy Pure Woven Cotton ($300). During the last 5 years the exports of Benin to Colombia have increased at an annualized rate of 15.3%, from $6.93k in 2022 to $14.1k in 2017.

Exports from Colombia () to Benin () (2022)

Exports from Benin () to Colombia () (2022)

Latest Data

Trade between Colombia () and Benin ()

Colombia Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$15.6B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Colombia than Benin included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from Benin than Colombia included Bangladesh ($406M), United Arab Emirates ($382M), and Pakistan ($35.2M).

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

Comparative Advantage Colombia - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Colombia had a large net trade with Benin in the exports of Textiles ($128k), Plastics and Rubbers ($109k), and Foodstuffs ($99.1k).

During 2017, Benin had a large net trade with Colombia in the exports of Vegetable Products ($11.5k), Metals ($2.09k), and Textiles ($448).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Colombia Benin+$144kPlastic Lids

Top Product Potential Benin Colombia+$27.7kOther Oily 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Colombia () to Benin () (2022)

Exports from Benin () to Colombia () (2022)

Latest Data

Trade between Colombia () and Benin ()

Colombia Exports

Benin Exports

Market Competitiveness

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

Comparative Advantage Colombia - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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