Flag Nepal / Benin Flag

Exports Flag β†’ Flag  (2016): $2.02k, Rnk 93 / 94

Top Product Flag β†’ Flag (2016): $2.02k, Cars

Exports Flag β†’ Flag (2017): $1.45M, Rnk 25 / 66

Top Product Flag β†’ Flag (2017): $1.45M, Soybeans

GDP Flag (2018): $29B, CURRENT US$
Rnk 102 / 196

GDP GROWTH Flag (2008-2018): 131%, CURRENT US$
Rnk 17 / 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): $1,034, CURRENT US$
Rnk 170 / 196

GDP PC GROWTH Flag (2008-2018): 120%, CURRENT US$
Rnk 9 / 196

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

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

Nepal-Benin: In 2016, Nepal exported $2.02k to Benin. The main products exported from Nepal to Benin were Cars ($2.02k). During the last 14 years the exports of Nepal to Benin have decreased at an annualized rate of 13.9%, from $16.3k in 2002 to $2.02k in 2016.

Benin-Nepal: In 2017, Benin exported $1.45M to Nepal. The main products exported from Benin to Nepal were Soybeans ($1.45M). During the last 2 years the exports of Benin to Nepal have increased at an annualized rate of 37.6%, from $16.6k in 2015 to $1.45M in 2017.

Comparison: In 2018, Nepal ranked 156 in total exports ($723M). That same year, Benin ranked 142 in total exports ($1.27B). Both countries does not have data related to Economic Complexity Index. In terms of GDP Per Capita, Nepal was ranked 170 with a GDP Per Capita of $1,034, and Benin was ranked 173 with a GDP Per Capita of $902.

Bilateral Trade by Products

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Depth
Value

In 2016, Nepal exported $2.02k to Benin. The main products exported from Nepal to Benin were Cars ($2.02k). During the last 14 years the exports of Nepal to Benin have decreased at an annualized rate of 13.9%, from $16.3k in 2002 to $2.02k in 2016.

In 2017, Benin exported $1.45M to Nepal. The main products exported from Benin to Nepal were Soybeans ($1.45M). During the last 2 years the exports of Benin to Nepal have increased at an annualized rate of 37.6%, from $16.6k in 2015 to $1.45M in 2017.

Market Competitiveness

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Measure

Nepal
Top Destination
: India, $394M

Benin
Top Destination
: India, $274M

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

In 2018, countries that imported more from Nepal than Benin were India ($394M), United States ($99.1M), and Germany ($32M).

In 2018, countries that imported more from Benin than Nepal were Bangladesh ($216M), United Arab Emirates ($123M), and Vietnam ($95.3M).

Comparative Advantage Nepal - Benin

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Depth

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

During 2016, Nepal had a large net trade with Benin in the exports of Transportation ($2.02k).

During 2017, Benin had a large net trade with Nepal in the exports of Vegetable Products ($1.45M).

Tariff Section

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In 2018, Nepal and Benin don't have data regarding the tariffs applied to the products exported, given a no tariff policy, or don't having any tariff history reported whatsoever.

To explore the different product levels and year available with data, visit our Tariff Explorer Section.

Explore Tariff Data

Trade Forecasts

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This section shows a forecast for total trade between Nepal 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 Nepal has comparative advantage over Benin. Similarly, the more red a dot/product is, the more Benin has comparative advantage over Nepal.