Denmark (DNK) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Denmark-Benin Trade: In 2023, Denmark exported $20.6M to Benin. The main products that Denmark exported to Benin were Computers ($4.25M), Poultry Meat ($2.09M), and Electric Motor Parts ($1.65M). Over the past 5 years the exports of Denmark to Benin have decreased at an annualized rate of 14.1%, from $44M in 2018 to $20.6M in 2023.

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

Benin-Denmark Trade: In 2023, Benin exported $10.2M to Denmark. The main products that Benin exported to Denmark were Other Oily Seeds ($9.85M), Other Vegetable Residues ($158k), and Metal Lathes ($66.7k). Over the past 5 years the exports of Benin to Denmark have decreased at an annualized rate of 21.2%, from $33.4M in 2018 to $10.2M in 2023.

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

Comparison: In 2023, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). 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, Denmark exported $20.6M to Benin. The main products exported from Denmark to Benin were Computers ($4.25M), Poultry Meat ($2.09M), and Electric Motor Parts ($1.65M). During the last 5 years the exports of Denmark to Benin have decreased at an annualized rate of 14.1%, from $44M in 2018 to $20.6M in 2023.

In 2018, Benin exported $10.2M to Denmark. The main products exported from Benin to Denmark were Other Oily Seeds ($9.85M), Other Vegetable Residues ($158k), and Metal Lathes ($66.7k). During the last 5 years the exports of Benin to Denmark have decreased at an annualized rate of 21.2%, from $33.4M in 2023 to $10.2M in 2018.

Exports from Denmark () to Benin () (2023)

Exports from Benin () to Denmark () (2023)

Latest Data

Trade between Denmark () and Benin ()

Denmark Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$14.8B

Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Denmark than Benin included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Benin than Denmark included Bangladesh ($391M), United Arab Emirates ($803M), and Togo ($53.9M).

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

Comparative Advantage Denmark - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Denmark had a large net trade with Benin in the exports of Machines ($9.88M), Animal Products ($3.5M), and Transportation ($1.79M).

During 2018, Benin had a large net trade with Denmark in the exports of Vegetable Products ($9.91M), Foodstuffs ($158k), and Machines ($67k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark Benin+$1.84MRefined Petroleum

Top Product Potential Benin Denmark+$27.3kGas and Liquid Flow Measuring Instruments

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

About

Historical Data

Bilateral Trade by Products

Exports from Denmark () to Benin () (2023)

Exports from Benin () to Denmark () (2023)

Latest Data

Trade between Denmark () and Benin ()

Denmark Exports

Benin Exports

Market Competitiveness

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

Comparative Advantage Denmark - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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