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2022
Flag → Flag
Exports $1.99MRnk 27 / 63
2022
Flag → Flag
Top Product $1.97MPetroleum Gas
2022
Flag → Flag
Exports $249kRnk 56 / 128
2022
Flag → Flag
Top Product $142kUsed Clothing
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC $7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Equatorial Guinea-Benin Trade: In 2022, Equatorial Guinea exported $1.99M to Benin. The main products that Equatorial Guinea exported to Benin were Petroleum Gas ($1.97M), Iron Structures ($17.2k), and Shaped Wood ($3.77k). Over the past 5 years the exports of Equatorial Guinea to Benin have increased at an annualized rate of 202%, from $7.87k in 2017 to $1.99M in 2022.

In 2022, Equatorial Guinea did not export any services to Benin.

Benin-Equatorial Guinea Trade: In 2022, Benin exported $249k to Equatorial Guinea. The main products that Benin exported to Equatorial Guinea were Used Clothing ($142k), Rubber Footwear ($25.6k), and Combustion Engines ($25.6k). Over the past 5 years the exports of Benin to Equatorial Guinea have increased at an annualized rate of 22.7%,  from $72.9k in 2017 to $249k in 2022.

In 2022, Benin did not export any services to Equatorial Guinea.

Comparison In 2022,  Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index. 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
Value

In 2022, Equatorial Guinea exported $1.99M to Benin. The main products exported from Equatorial Guinea to Benin were Petroleum Gas ($1.97M), Iron Structures ($17.2k), and Shaped Wood ($3.77k). During the last 5 years the exports of Equatorial Guinea to Benin have increased at an annualized rate of 202%, from $7.87k in 2017 to $1.99M in 2022.

In 2017, Benin exported $249k to Equatorial Guinea. The main products exported from Benin to Equatorial Guinea were Used Clothing ($142k), Rubber Footwear ($25.6k), and Combustion Engines ($25.6k). During the last 5 years the exports of Benin to Equatorial Guinea have increased at an annualized rate of 22.7%, from $72.9k in 2022 to $249k in 2017.

Exports from Equatorial Guinea (Flag) to Benin (Flag) (2022)

Exports from Benin (Flag) to Equatorial Guinea (Flag) (2022)

Latest Data

Trade between Equatorial Guinea (Flag) and Benin (Flag)

Benin Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationZambia$1.84B
Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Equatorial Guinea than Benin included Zambia ($1.84B), Spain ($1.32B), and China ($1.3B).

In 2022, countries that imported more from Benin than Equatorial Guinea included Bangladesh ($406M), United Arab Emirates ($382M), and Egypt ($41.7M).

Difference in imports from Benin (Flag) and Equatorial Guinea (Flag) (2022)

Comparative Advantage Equatorial Guinea - Benin

Flow
Scale

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

During 2022, Equatorial Guinea had a large net trade with Benin in the exports of Mineral Products ($1.97M), Metals ($17.2k), and Wood Products ($3.77k).

During 2017, Benin had a large net trade with Equatorial Guinea in the exports of Textiles ($145k), Footwear and Headwear ($34.5k), and Machines ($25.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Benin+$679kPetroleum Gas
Top Product Potential Benin Equatorial Guinea+$11.5kCars

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

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

Product Space of Equatorial Guinea (Flag) and Benin (Flag) (2022)

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