2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$17.4BCURRENT US$
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2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$1,303CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
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About

Singapore-Benin In 2022, Singapore exported $22.6M to Benin. The main products that Singapore exported to Benin are Rice ($10.1M), Palm Oil ($2.41M), and Hot-Rolled Iron Bars ($1.95M). During the last 27 years the exports of Singapore to Benin have increased at an annualized rate of 4.38%, from $7.1M in 1995 to $22.6M in 2022.

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

Benin-Singapore In 2022, Benin exported $159k to Singapore. The main products that Benin exported to Singapore were Raw Plastic Sheeting ($140k), Excavation Machinery ($10.5k), and Iron Fasteners ($5.57k). During the last 27 years the exports of Benin to Singapore have increased at an annualized rate of 0.49%, from $140k in 1995 to $159k in 2022.

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

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53),  and 21 in total exports ($379B). That same year, Benin ranked 149 in total exports ($1.67B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $22.6M to Benin. The main products exported from Singapore to Benin were Rice ($10.1M), Palm Oil ($2.41M), and Hot-Rolled Iron Bars ($1.95M). During the last 27 years the exports of Singapore to Benin have increased at an annualized rate of 4.38%, from $7.1M in 1995 to $22.6M in 2022.

In 2022, Benin exported $159k to Singapore. The main products exported from Benin to Singapore were Raw Plastic Sheeting ($140k), Excavation Machinery ($10.5k), and Iron Fasteners ($5.57k). During the last 27 years the exports of Benin to Singapore have increased at an annualized rate of 0.49%, from $140k in 1995 to $159k in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Benin (Flag)

Singapore Exports

Benin Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Benin
Top Destination
India$448M

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

In 2021, countries that imported more from Singapore than Benin were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2021, countries that imported more from Benin than Singapore were Chad ($28M), Niger ($16.9M), and Mali ($7.69M).

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

Comparative Advantage Singapore - Benin

Flow
Scale

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

During 2022, Singapore had a large net trade with Benin in the exports of Vegetable Products ($10.4M), Metals ($4.45M), and Animal and Vegetable Bi-Products ($2.41M).

During 2022, Benin had a large net trade with Singapore in the exports of Plastics and Rubbers ($140k), Machines ($10.5k), and Metals ($5.57k).

Economic Complexity

Competitive Landscape

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

Product Space of Singapore (Flag) and Benin (Flag) (2022)

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