2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP
$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH
57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$1,394CURRENT US$
Rnk 168 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 104 / 195

About

India-Benin Trade: In 2023, India exported $842M to Benin. The main products that India exported to Benin were Rice ($518M), Refined Petroleum ($43M), and Light Pure Woven Cotton ($37.8M). Over the past 5 years the exports of India to Benin have increased at an annualized rate of 9.57%, from $533M in 2018 to $842M in 2023.

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

Benin-India Trade: In 2023, Benin exported $216M to India. The main products that Benin exported to India were Coconuts, Brazil Nuts, and Cashews ($112M), Refined Petroleum ($30.5M), and Sawn Wood ($22.9M). Over the past 5 years the exports of Benin to India have decreased at an annualized rate of 12.1%,  from $411M in 2018 to $216M in 2023.

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

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Historical Data

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Benin
Top Destination
United Arab Emirates$803M

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

In 2023, countries that imported more from India than Benin included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Benin than from India.

Difference in imports from Benin (Flag) and India (Flag) (2023)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Benin+$11.7MRefined Petroleum
Top Product Potential Benin India+$32.2MGold

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

Product Space of India (Flag) and Benin (Flag) (NaN)

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