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2023
Flag → Flag
Exports $334MRnk 119 / 220
2023
Flag → Flag
Top Product $119MCars
2023
Flag → Flag
Exports $16.3MRnk 12 / 120
2023
Flag → Flag
Top Product $8.26MSoybean Meal
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 83 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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 GDP$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
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GDP GROWTH57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$1,394CURRENT US$
Rnk 168 / 196
2013-2023
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GDP PC GROWTH19.3%CURRENT US$
Rnk 104 / 195

About

United States-Benin Trade: In 2023, United States exported $334M to Benin. The main products that United States exported to Benin were Cars ($119M), Phosphatic Fertilizers ($64.7M), and Nitrogenous Fertilizers ($58.1M). Over the past 5 years the exports of United States to Benin have increased at an annualized rate of 6.7%, from $241M in 2018 to $334M in 2023.

In 2023, United States did not export any services to Benin.

Benin-United States Trade: In 2023, Benin exported $16.3M to United States. The main products that Benin exported to United States were Soybean Meal ($8.26M), Coconuts, Brazil Nuts, and Cashews ($3.06M), and Other Processed Fruits and Nuts ($836k). Over the past 5 years the exports of Benin to United States have decreased at an annualized rate of 15.4%,  from $37.6M in 2018 to $16.3M in 2023.

In 2023, Benin did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Company data: In 2023, leading companies such as Hongkong Xin Jie Technology (2) were at the forefront of exporting goods from Benin to the United States. Conversely, Fuzhou Light Industry Import & Expo (1) and Fujian Huamin Import & Export Co.,l (1) were notable for importing products to Benin from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $21.7M and imported $2.5M from Benin, resulting in a positive trade balance of $19.2M. Between November 2023 and November 2024 the exports of United States have decreased by $-3.58M (-14.2%) from $25.3M to $21.7M, while imports decreased by $-328k (-11.6%) from $2.83M to $2.5M.

Trade In November 2024, the top exports of United States to Benin were Cars ($10.9M), Motor vehicles; parts and accessories (8701... ($3.66M), Poultry Meat ($1.89M), Knitting Machine Accessories ($1.04M), and Other Edible Preparations ($1.02M). In November 2024 the top imports of United States from Benin were Coconuts, Brazil Nuts, and Cashews ($78.1k), Other Furniture ($77.3k), Other Pure Vegetable Oils ($2.78k), and Commodities not elsewhere specified ($813).

Origins In November 2024 the exports of United States were mainly from Texas ($4.68M), Michigan ($2.62M), Florida ($2.25M), Georgia ($1.78M), and Maryland ($1.23M), while imports destinations were mainly Pennsylvania ($1.21M), Maryland ($518k), Illinois ($390k), Alabama ($216k), and Texas ($108k).

Growth In November 2024, the decrease in United States's year-by-year exports to Benin was explained primarily by an decrease in product exports in Cars ($-1.16M or -9.63%), Poultry Meat ($-529k or -21.9%), and Vinyl Chloride Polymers ($-357k or -85.1%). In November 2024, the decrease in United States's year-by-year imports  from Benin was explained primarily by an decrease in product imports  in Other Furniture ($-2.18k or -2.74%) and Commodities not elsewhere specified ($-1.81k or -69%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-3.58M(-14.2%)
IMPORT GROWTH (November 2023 - November 2024)$-328k(-11.6%)
MAIN EXPORTER (November 2024)Texas$4.68M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Benin and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Benin and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $334M to Benin. The main products exported from United States to Benin were Cars ($119M), Phosphatic Fertilizers ($64.7M), and Nitrogenous Fertilizers ($58.1M). During the last 5 years the exports of United States to Benin have increased at an annualized rate of 6.7%, from $241M in 2018 to $334M in 2023.

In 2018, Benin exported $16.3M to United States. The main products exported from Benin to United States were Soybean Meal ($8.26M), Coconuts, Brazil Nuts, and Cashews ($3.06M), and Other Processed Fruits and Nuts ($836k). During the last 5 years the exports of Benin to United States have decreased at an annualized rate of 15.4%, from $37.6M in 2023 to $16.3M in 2018.

Exports from United States (Flag) to Benin (Flag) (2023)

Exports from Benin (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from United States than Benin included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Benin than United States included Chad ($36.7M).

Difference in imports from Benin (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Benin

Flow
Scale

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

During 2023, United States had a large net trade with Benin in the exports of Transportation ($142M), Chemical Products ($124M), and Animal Products ($29.1M).

During 2018, Benin had a large net trade with United States in the exports of Foodstuffs ($9.39M), Vegetable Products ($4.37M), and Textiles ($1.42M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Benin+$5.63MRefined Petroleum
Top Product Potential Benin United States+$1.58MCoconuts, Brazil Nuts, and Cashews

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

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

Product Space of United States (Flag) and Benin (Flag) (2023)

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