2023
Flag  
GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
 GDP
$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH
57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC 
$6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC
$1,394CURRENT US$
Rnk 168 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 104 / 195

About

South Africa-Benin Trade: In 2023, South Africa exported $13.9M to Benin. The main products that South Africa exported to Benin were Hot-Rolled Iron Bars ($5.01M), Corn ($834k), and Other Edible Preparations ($682k). Over the past 5 years the exports of South Africa to Benin have decreased at an annualized rate of 16.5%, from $34.2M in 2018 to $13.9M in 2023.

In 2023, South Africa did not export any services to Benin.

Benin-South Africa Trade: In 2023, Benin exported $5.83M to South Africa. The main products that Benin exported to South Africa were Other Vegetable Residues ($3.7M), Coconuts, Brazil Nuts, and Cashews ($1.53M), and Soybean Meal ($307k). Over the past 5 years the exports of Benin to South Africa have increased at an annualized rate of 0.22%,  from $5.77M in 2018 to $5.83M in 2023.

In 2023, Benin did not export any services to South Africa.

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $13.9M to Benin. The main products exported from South Africa to Benin were Hot-Rolled Iron Bars ($5.01M), Corn ($834k), and Other Edible Preparations ($682k). During the last 5 years the exports of South Africa to Benin have decreased at an annualized rate of 16.5%, from $34.2M in 2018 to $13.9M in 2023.

In 2018, Benin exported $5.83M to South Africa. The main products exported from Benin to South Africa were Other Vegetable Residues ($3.7M), Coconuts, Brazil Nuts, and Cashews ($1.53M), and Soybean Meal ($307k). During the last 5 years the exports of Benin to South Africa have increased at an annualized rate of 0.22%, from $5.77M in 2023 to $5.83M in 2018.

Exports from South Africa (Flag) to Benin (Flag) (2023)

Exports from Benin (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
Benin
Top Destination
United Arab Emirates$803M

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

In 2023, countries that imported more from South Africa than Benin included China ($29.5B), United States ($13B), and Germany ($10.8B).

In 2023, countries that imported more from Benin than South Africa included Bangladesh ($391M), Chad ($36.7M), and Niger ($15.4M).

Difference in imports from Benin (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Benin

Flow
Scale

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

During 2023, South Africa had a large net trade with Benin in the exports of Metals ($5.7M), Foodstuffs ($2.25M), and Vegetable Products ($1.37M).

During 2018, Benin had a large net trade with South Africa in the exports of Foodstuffs ($4.01M), Vegetable Products ($1.53M), and Machines ($186k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Benin+$1.67MDelivery Trucks
Top Product Potential Benin South Africa+$318kCoconuts, 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 South Africa and Benin. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over South Africa.

Product Space of South Africa (Flag) and Benin (Flag) (2023)

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