Flag Malaysia / Benin Flag

Exports FlagFlag  (2018): $177M, Rnk 69 / 208

Top Product FlagFlag (2018): $150M, Palm Oil

Exports FlagFlag (2018): $30.3M, Rnk 12 / 105

Top Product FlagFlag (2018): $23.5M, Raw Cotton

Economic Complexity of Flag (2018): ECI 0.97, Rnk 26 / 137

GDP Flag (2018): $359B, CURRENT US$
Rnk 35 / 196

GDP GROWTH Flag (2008-2018): 55.4%, CURRENT US$
Rnk 74 / 196

GDP Flag (2018): $10.4B, CURRENT US$
Rnk 141 / 196

GDP GROWTH Flag (2008-2018): 45.2%, CURRENT US$
Rnk 87 / 196

GDP PC Flag (2018): $11,373, CURRENT US$
Rnk 68 / 196

GDP PC GROWTH Flag (2008-2018): 34.2%, CURRENT US$
Rnk 73 / 196

GDP PC Flag (2018): $902, CURRENT US$
Rnk 173 / 196

GDP PC GROWTH Flag (2008-2018): 9.92%, CURRENT US$
Rnk 123 / 196

Malaysia-Benin: In 2018, Malaysia exported $177M to Benin. The main products exported from Malaysia to Benin were Palm Oil ($150M), Malt Extract ($7.92M), and Soap ($6.21M). During the last 23 years the exports of Malaysia to Benin have increased at an annualized rate of 40.2%, from $74.7k in 1995 to $177M in 2018.

Benin-Malaysia: In 2018, Benin exported $30.3M to Malaysia. The main products exported from Benin to Malaysia were Raw Cotton ($23.5M), Other Pure Vegetable Oils ($4.86M), and Refined Petroleum ($1.3M). During the last 23 years the exports of Benin to Malaysia have increased at an annualized rate of 15.6%, from $1.09M in 1995 to $30.3M in 2018.

Comparison: In 2018, Malaysia ranked 26 in the Economic Complexity Index (ECI 0.97), and 20 in total exports ($270B). That same year, Benin ranked 142 in total exports ($1.27B), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Malaysia was ranked 68 with a GDP Per Capita of $11,373, and Benin was ranked 173 with a GDP Per Capita of $902.

Bilateral Trade by Products

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Depth
Value

In 2018, Malaysia exported $177M to Benin. The main products exported from Malaysia to Benin were Palm Oil ($150M), Malt Extract ($7.92M), and Soap ($6.21M). During the last 23 years the exports of Malaysia to Benin have increased at an annualized rate of 40.2%, from $74.7k in 1995 to $177M in 2018.

In 2018, Benin exported $30.3M to Malaysia. The main products exported from Benin to Malaysia were Raw Cotton ($23.5M), Other Pure Vegetable Oils ($4.86M), and Refined Petroleum ($1.3M). During the last 23 years the exports of Benin to Malaysia have increased at an annualized rate of 15.6%, from $1.09M in 1995 to $30.3M in 2018.

Market Competitiveness

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Measure

Malaysia
Top Destination
: Singapore, $36.8B

Benin
Top Destination
: India, $274M

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

In 2018, countries that imported more from Malaysia than Benin were Singapore ($36.8B), China ($36.1B), and United States ($28.3B).

In 2018, countries that imported more from Benin than Malaysia were Niger ($28.3M), Chad ($3.31M), and North Korea ($774k).

Comparative Advantage Malaysia - Benin

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Depth

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

During 2018, Malaysia had a large net trade with Benin in the exports of Animal and Vegetable Bi-Products ($154M), Foodstuffs ($8.03M), and Chemical Products ($6.71M).

During 2018, Benin had a large net trade with Malaysia in the exports of Textiles ($24M), Animal and Vegetable Bi-Products ($4.86M), and Mineral Products ($1.3M).

Trade Forecasts

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This section shows a forecast for total trade between Malaysia and Benin. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Malaysia has comparative advantage over Benin. Similarly, the more red a dot/product is, the more Benin has comparative advantage over Malaysia.