2022
Exports
$5.1MWorld Rnk 77 / 165
Flag Rnk 16 / 656
2022
PRODUCT COMPLEXITY IN Coated Flat-Rolled Iron
0.04Rnk 538 / 1025
2022
Imports
$57.7MWorld Rnk 106 / 218
Flag Rnk 21 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $5.1M in Coated Flat-Rolled Iron, making it the 77th largest exporter of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 16th most exported product in Benin. The main destination of Coated Flat-Rolled Iron exports from Benin are: China ($4.09M), Niger ($954k), and Mali ($54k).

The fastest growing export markets for Coated Flat-Rolled Iron of Benin between 2021 and 2022 were China ($1.95M) and Mali ($54k).

Imports In 2022, Benin imported $57.7M in Coated Flat-Rolled Iron, becoming the 106th largest importer of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 21st most imported product in Benin. Benin imports Coated Flat-Rolled Iron primarily from: China ($49.9M), Belgium ($3.51M), Singapore ($1.26M), Switzerland ($799k), and Togo ($698k).

The fastest growing import markets in Coated Flat-Rolled Iron for Benin between 2021 and 2022 were China ($3.74M), Singapore ($1.26M), and Switzerland ($799k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Coated Flat-Rolled Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.1M
IMPORTS (2022)$57.7M
NET TRADE (2022)-$52.6M

In 2022, Benin exported $5.1M in Coated Flat-Rolled Iron. The main destinations of Benin exports on Coated Flat-Rolled Iron were China ($4.09M), Niger ($954k), and Mali ($54k).

In 2022, Benin imported $57.7M in Coated Flat-Rolled Iron, mainly from China ($49.9M), Belgium ($3.51M), Singapore ($1.26M), Switzerland ($799k), and Togo ($698k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coated Flat-Rolled Iron EXPORT MARKETS FOR Benin WERE (2021 - 2022):
China$1.95M (90.7%)
Mali$54k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coated Flat-Rolled Iron BY Benin WERE (2021 - 2022):Niger-$1.93M (-66.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Coated Flat-Rolled Iron were:
In 2022, Benin's main importing competitors in Coated Flat-Rolled Iron were:

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Trade Value of Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.44M
TOP IMPORT POTENTIALBelgium+ $1.34M

Coated Flat-Rolled Iron’s highest export potential is China. With an export gap of $1.44M.   Coated Flat-Rolled Iron’s highest import potential is Belgium with an import gap of $1.34M.

See methodology.

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