El Salvador (SLV) and Benin (BEN) Trade | The Observatory of Economic Complexity

About

El Salvador-Benin Trade: In 2014, El Salvador exported $71.5k to Benin. The main products that El Salvador exported to Benin were N/A. Over the past 7 years the exports of El Salvador to Benin have increased at an annualized rate of 61%, from $2.55k in 2007 to $71.5k in 2014.

In 2014, El Salvador did not export any services to Benin.

Benin-El Salvador Trade: In 2014, Benin exported $210 to El Salvador. The main products that Benin exported to El Salvador were Iron Nails ($204) and Rubber Belting ($6). Over the past 7 years the exports of Benin to El Salvador have decreased at an annualized rate of 43.9%, from $3.78k in 2007 to $210 in 2014.

In 2014, Benin did not export any services to El Salvador.

Comparison: In 2022, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B). 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 2014, El Salvador exported $71.5k to Benin. There were not main exports from El Salvador to Benin in 2014. During the last 7 years the exports of El Salvador to Benin have increased at an annualized rate of 61%, from $2.55k in 2007 to $71.5k in 2014.

In 2017, Benin exported $210 to El Salvador. The main products exported from Benin to El Salvador were Iron Nails ($204) and Rubber Belting ($6). During the last 5 years the exports of Benin to El Salvador have decreased at an annualized rate of 43.9%, from $3.78k in 2022 to $210 in 2017.

Exports from El Salvador () to Benin () (2022)

Exports from Benin () to El Salvador () (2022)

Latest Data

Trade between El Salvador () and Benin ()

Benin Exports

Date

Sep 2014

Jun 2014

Jan 2014

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.87B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from El Salvador than Benin included United States ($2.87B), Guatemala ($1.21B), and Honduras ($1.18B).

In 2022, countries that imported more from Benin than El Salvador included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

Difference in imports from Benin () and El Salvador () (2022)

Comparative Advantage El Salvador - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2014, El Salvador had a large net trade with Benin in the exports of .

During 2017, Benin had a large net trade with El Salvador in the exports of Metals ($204) and Plastics and Rubbers ($6).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential El Salvador Benin+$2.13kRefined Petroleum

Top Product Potential Benin El Salvador+$2.75kRaw Cotton

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from El Salvador () to Benin () (2022)

Exports from Benin () to El Salvador () (2022)

Latest Data

Trade between El Salvador () and Benin ()

Benin Exports

Market Competitiveness

Difference in imports from Benin () and El Salvador () (2022)

Comparative Advantage El Salvador - Benin

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of El Salvador () and Benin () (2022)

Keep Exploring