Peru (PER) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Peru-Benin Trade: In 2022, Peru exported $336k to Benin. The main products that Peru exported to Benin were Non-fillet Frozen Fish ($336k). Over the past 5 years the exports of Peru to Benin have decreased at an annualized rate of 5.95%, from $457k in 2017 to $336k in 2022.

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

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

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

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $336k to Benin. The main products exported from Peru to Benin were Non-fillet Frozen Fish ($336k). During the last 5 years the exports of Peru to Benin have decreased at an annualized rate of 5.95%, from $457k in 2017 to $336k in 2022.

Benin does not register exports to Peru. The main products exported from Benin to Peru were Other Oily Seeds ($250k), Imitation Jewellery ($1.53k), and Bells and Other Metal Ornaments ($1.1k).

Exports from Peru () to Benin () (2022)

Exports from Benin () to Peru () (2022)

Latest Data

Trade between Peru () and Benin ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Peru than Benin included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Benin than Peru included Bangladesh ($406M), Togo ($35.9M), and Egypt ($41.7M).

Difference in imports from Benin () and Peru () (2022)

Comparative Advantage Peru - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Benin in the exports of Animal Products ($336k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Benin+$273kNon-fillet Frozen Fish

Top Product Potential Benin Peru+$104kOther Oily Seeds

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Benin () (2022)

Exports from Benin () to Peru () (2022)

Latest Data

Trade between Peru () and Benin ()

Peru Exports

Market Competitiveness

Difference in imports from Benin () and Peru () (2022)

Comparative Advantage Peru - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Benin () (2022)

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