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2023
Flag → Flag
Exports $16.3MRnk 162 / 211
2023
Flag → Flag
Top Product $9.04MLooms
2023
Flag → Flag
Exports $2.6MRnk 33 / 120
2023
Flag → Flag
Top Product $1.14MScrap Nickel
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 83 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
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GDP GROWTH57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$1,394CURRENT US$
Rnk 168 / 196
2013-2023
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GDP PC GROWTH19.3%CURRENT US$
Rnk 104 / 195

About

Japan-Benin Trade: In 2023, Japan exported $16.3M to Benin. The main products that Japan exported to Benin were Looms ($9.04M), Bedspreads ($1.79M), and Granulated Slag ($1.5M). Over the past 5 years the exports of Japan to Benin have increased at an annualized rate of 7.94%, from $11.1M in 2018 to $16.3M in 2023.

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

Benin-Japan In N/A, Benin did not export any products to Japan.

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

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥35.5M and imported ¥338k from Benin, resulting in a positive trade balance of ¥35.2M. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-126M (-78.1%) from ¥162M to ¥35.5M, while imports decreased by ¥-152k (-31%) from ¥490k to ¥338k.

Trade In November 2024, the top exports of Japan to Benin were Non-fillet Frozen Fish (¥11.5M), Used Rubber Tires (¥3.59M), Used Clothing (¥900k), Bicycles, delivery tricycles, other cycles (¥532k), and Commodities not elsewhere specified (¥288k). In November 2024 the top imports of Japan from Benin were Other Animals (¥232k).

Origins In November 2024 the exports of Japan were mainly from Hyōgo (¥12M), Hokkaido (¥9.9M), Fukuoka (¥9.33M), and Kanagawa (¥4.3M), while imports destinations were mainly N/A.

Growth In November 2024, the decrease in Japan's year-by-year exports to Benin was explained primarily by an decrease in product exports in . In October 2024, the decrease in Japan's year-by-year imports  from Benin was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-126M(-78.1%)
IMPORT GROWTH (October 2023 - October 2024)¥-152k(-31%)
MAIN EXPORTER (November 2024)Hyōgo¥12M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Benin and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Benin and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $16.3M to Benin. The main products exported from Japan to Benin were Looms ($9.04M), Bedspreads ($1.79M), and Granulated Slag ($1.5M). During the last 5 years the exports of Japan to Benin have increased at an annualized rate of 7.94%, from $11.1M in 2018 to $16.3M in 2023.

Benin does not register exports to Japan. The main products exported from Benin to Japan were Scrap Nickel ($1.14M), Scrap Copper ($759k), and Non-Iron and Steel Slag, Ash and Residues ($685k).

Exports from Japan (Flag) to Benin (Flag) (2023)

Exports from Benin (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Japan than Benin included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Benin than Japan included Chad ($36.7M).

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

Comparative Advantage Japan - Benin

Flow
Scale

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

During 2023, Japan had a large net trade with Benin in the exports of Machines ($9.11M), Mineral Products ($2.91M), and Textiles ($2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Benin+$2.55MCars
Top Product Potential Benin Japan+$430kScrap Copper

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

Product Space of Japan (Flag) and Benin (Flag) (2023)

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