Namibia (NAM) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Namibia-Benin Trade: In 2023, Namibia exported $547k to Benin. The main products that Namibia exported to Benin were Non-fillet Frozen Fish ($438k), Semiconductor Devices ($43.3k), and Non-fillet Fresh Fish ($34.3k). Over the past 5 years the exports of Namibia to Benin have decreased at an annualized rate of 3.73%, from $661k in 2018 to $547k in 2023.

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

Benin-Namibia Trade: In 2023, Benin exported $10.6k to Namibia. The main products that Benin exported to Namibia were Large Construction Vehicles ($10.3k), Bells and Other Metal Ornaments ($238), and Perfume Plants ($32). Over the past 5 years the exports of Benin to Namibia have increased at an annualized rate of 262%, from $17 in 2018 to $10.6k in 2023.

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

Comparison: In 2023, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Namibia exported $547k to Benin. The main products exported from Namibia to Benin were Non-fillet Frozen Fish ($438k), Semiconductor Devices ($43.3k), and Non-fillet Fresh Fish ($34.3k). During the last 5 years the exports of Namibia to Benin have decreased at an annualized rate of 3.73%, from $661k in 2018 to $547k in 2023.

In 2018, Benin exported $10.6k to Namibia. The main products exported from Benin to Namibia were Large Construction Vehicles ($10.3k), Bells and Other Metal Ornaments ($238), and Perfume Plants ($32). During the last 5 years the exports of Benin to Namibia have increased at an annualized rate of 262%, from $17 in 2023 to $10.6k in 2018.

Exports from Namibia () to Benin () (2023)

Exports from Benin () to Namibia () (2023)

Latest Data

Trade between Namibia () and Benin ()

Namibia Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Namibia than Benin included South Africa ($1.71B), China ($752M), and Botswana ($504M).

In 2023, countries that imported more from Benin than Namibia included United Arab Emirates ($803M), Bangladesh ($391M), and India ($216M).

Difference in imports from Benin () and Namibia () (2023)

Comparative Advantage Namibia - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with Benin in the exports of Animal Products ($473k), Machines ($43.3k), and Mineral Products ($17.6k).

During 2018, Benin had a large net trade with Namibia in the exports of Machines ($10.3k), Metals ($238), and Vegetable Products ($32).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Benin+$23.1kMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Benin Namibia+$12.4kOther Vegetable Residues

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Benin () (2023)

Exports from Benin () to Namibia () (2023)

Latest Data

Trade between Namibia () and Benin ()

Namibia Exports

Benin Exports

Market Competitiveness

Difference in imports from Benin () and Namibia () (2023)

Comparative Advantage Namibia - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Namibia () and Benin () (2023)

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