2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186

About

Ireland-Benin Trade: In 2022, Ireland exported $11.5M to Benin. The main products that Ireland exported to Benin were Malt Extract ($4.79M), Non-fillet Frozen Fish ($2.29M), and Poultry Meat ($1.6M). Over the past 5 years the exports of Ireland to Benin have increased at an annualized rate of 14%, from $5.96M in 2017 to $11.5M in 2022.

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

Benin-Ireland Trade: In 2022, Benin exported $166k to Ireland. The main products that Benin exported to Ireland were Dried Legumes ($83.3k), Malt Extract ($52.1k), and Cassava ($17.1k). Over the past 5 years the exports of Benin to Ireland have increased at an annualized rate of 51.8%,  from $20.6k in 2017 to $166k in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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, Ireland exported $11.5M to Benin. The main products exported from Ireland to Benin were Malt Extract ($4.79M), Non-fillet Frozen Fish ($2.29M), and Poultry Meat ($1.6M). During the last 5 years the exports of Ireland to Benin have increased at an annualized rate of 14%, from $5.96M in 2017 to $11.5M in 2022.

In 2017, Benin exported $166k to Ireland. The main products exported from Benin to Ireland were Dried Legumes ($83.3k), Malt Extract ($52.1k), and Cassava ($17.1k). During the last 5 years the exports of Benin to Ireland have increased at an annualized rate of 51.8%, from $20.6k in 2022 to $166k in 2017.

Exports from Ireland (Flag) to Benin (Flag) (2022)

Exports from Benin (Flag) to Ireland (Flag) (2022)

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Benin
Top Destination
India$448M

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

In 2022, countries that imported more from Ireland than Benin included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Benin than Ireland included Bangladesh ($406M), Chad ($28M), and Norfolk Island ($40.1k).

Difference in imports from Benin (Flag) and Ireland (Flag) (2022)

Comparative Advantage Ireland - Benin

Flow
Scale

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

During 2022, Ireland had a large net trade with Benin in the exports of Foodstuffs ($4.95M), Animal Products ($4.03M), and Chemical Products ($1.33M).

During 2017, Benin had a large net trade with Ireland in the exports of Vegetable Products ($101k), Foodstuffs ($56.3k), and Animal and Vegetable Bi-Products ($2.95k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Benin+$554kScented Mixtures
Top Product Potential Benin Ireland+$27.3kMalt Extract

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Ireland (Flag) and Benin (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with