Georgia (GEO) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Georgia-Benin Trade: In 2022, Georgia exported $54.2k to Benin. The main products that Georgia exported to Benin were Hard Liquor ($20.6k), Flavored Water ($15.6k), and Wine ($9.06k). Over the past 5 years the exports of Georgia to Benin have increased at an annualized rate of 16.5%, from $25.3k in 2017 to $54.2k in 2022.

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

Benin-Georgia Trade: In 2022, Benin exported $339 to Georgia. The main products that Benin exported to Georgia were Other Knit Garments ($339). Over the past 5 years the exports of Benin to Georgia have decreased at an annualized rate of 7.86%, from $1.26k in 2017 to $339 in 2022.

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

Comparison: In 2022, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). 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, Georgia exported $54.2k to Benin. The main products exported from Georgia to Benin were Hard Liquor ($20.6k), Flavored Water ($15.6k), and Wine ($9.06k). During the last 5 years the exports of Georgia to Benin have increased at an annualized rate of 16.5%, from $25.3k in 2017 to $54.2k in 2022.

In 2017, Benin exported $339 to Georgia. The main products exported from Benin to Georgia were Other Knit Garments ($339). During the last 5 years the exports of Benin to Georgia have decreased at an annualized rate of 7.86%, from $1.26k in 2022 to $339 in 2017.

Exports from Georgia () to Benin () (2022)

Exports from Benin () to Georgia () (2022)

Latest Data

Trade between Georgia () and Benin ()

Georgia Exports

Date

Benin Exports

Date

May 2018

Sep 2017

Aug 2017

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Georgia than Benin included China ($759M), Azerbaijan ($668M), and Russia ($642M).

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

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

Comparative Advantage Georgia - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Benin in the exports of Foodstuffs ($45.2k), Transportation ($9k), and Chemical Products ($39).

During 2017, Benin had a large net trade with Georgia in the exports of Textiles ($339).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Benin+$18kHard Liquor

Top Product Potential Benin Georgia+$2.26kRefined 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.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Benin () (2022)

Exports from Benin () to Georgia () (2022)

Latest Data

Trade between Georgia () and Benin ()

Georgia Exports

Benin Exports

Market Competitiveness

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

Comparative Advantage Georgia - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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