Venezuela (VEN) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Venezuela-Benin Trade: In 2022, Venezuela exported $6.25k to Benin. The main products that Venezuela exported to Benin were Used Clothing ($6.25k). Over the past 10 years the exports of Venezuela to Benin have decreased at an annualized rate of 54.9%, from $17.9M in 2012 to $6.25k in 2022.

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

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

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

Comparison: In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). 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, Venezuela exported $6.25k to Benin. The main products exported from Venezuela to Benin were Used Clothing ($6.25k). During the last 10 years the exports of Venezuela to Benin have decreased at an annualized rate of 54.9%, from $17.9M in 2012 to $6.25k in 2022.

Benin does not register exports to Venezuela.

Exports from Venezuela () to Benin () (2022)

Exports from Benin () to Venezuela () (2022)

Latest Data

Trade between Venezuela () and Benin ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Venezuela than Benin included China ($703M), Turkey ($597M), and Spain ($518M).

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

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

Comparative Advantage Venezuela - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Venezuela had a large net trade with Benin in the exports of Textiles ($6.25k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Benin () (2022)

Exports from Benin () to Venezuela () (2022)

Latest Data

Trade between Venezuela () and Benin ()

Benin Exports

Market Competitiveness

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

Comparative Advantage Venezuela - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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