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Pricing

2022
Flag → Flag
Exports $7.58MRnk 181 / 211
2022
Flag → Flag
Top Product $1.69MBedspreads
2022
Flag → Flag
Exports $366kRnk 51 / 128
2022
Flag → Flag
Top Product $296kScrap Copper
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
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GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
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GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Japan-Benin Trade: In 2022, Japan exported $7.58M to Benin. The main products that Japan exported to Benin were Bedspreads ($1.69M), Granulated Slag ($1.42M), and Non-fillet Frozen Fish ($856k). Over the past 5 years the exports of Japan to Benin have decreased at an annualized rate of 11%, from $13.5M in 2017 to $7.58M in 2022.

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

Benin-Japan Trade: In 2022, Benin exported $366k to Japan. The main products that Benin exported to Japan were Scrap Copper ($296k), Paintings ($30.6k), and Other Pure Vegetable Oils ($23.4k). Over the past 5 years the exports of Benin to Japan have decreased at an annualized rate of 7.48%,  from $540k in 2017 to $366k in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Latest Trends

August, 2024

About

Overview In August 2024, Japan exported ¥21.9M and imported ¥537k from Benin, resulting in a positive trade balance of ¥21.3M. Between August 2023 and August 2024 the exports of Japan have decreased by ¥-219M (-90.9%) from ¥241M to ¥21.9M, while imports decreased by ¥-27.6M (-98.1%) from ¥28.2M to ¥537k.

Trade In August 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 August 2024 the top imports of Japan from Benin were Other Animals (¥232k).

Origins In August 2024 the exports of Japan were mainly from Aichi (¥19.6M), Hokkaido (¥1.39M), and Kanagawa (¥877k), while imports destinations were mainly N/A.

Growth In August 2024, the decrease in Japan's year-by-year exports to Benin was explained primarily by an decrease in product exports in . In July 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 (August 2023 - August 2024)¥-219M(-90.9%)
IMPORT GROWTH (July 2023 - July 2024)¥-27.6M(-98.1%)
MAIN EXPORTER (August 2024)Aichi¥19.6M

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 2022, Japan exported $7.58M to Benin. The main products exported from Japan to Benin were Bedspreads ($1.69M), Granulated Slag ($1.42M), and Non-fillet Frozen Fish ($856k). During the last 5 years the exports of Japan to Benin have decreased at an annualized rate of 11%, from $13.5M in 2017 to $7.58M in 2022.

In 2017, Benin exported $366k to Japan. The main products exported from Benin to Japan were Scrap Copper ($296k), Paintings ($30.6k), and Other Pure Vegetable Oils ($23.4k). During the last 5 years the exports of Benin to Japan have decreased at an annualized rate of 7.48%, from $540k in 2022 to $366k in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Benin
Top DestinationIndia$448M

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 2022, countries that imported more from Japan than Benin included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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

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 2022, Japan had a large net trade with Benin in the exports of Textiles ($1.74M), Mineral Products ($1.42M), and Transportation ($1.37M).

During 2017, Benin had a large net trade with Japan in the exports of Metals ($296k), Arts and Antiques ($30.6k), and Animal and Vegetable Bi-Products ($23.4k).

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) (2022)

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