2022
Exports
$2.44MWorld Rnk 75 / 169
Flag Rnk 27 / 656
2022
PRODUCT COMPLEXITY IN Cranes
0.76Rnk 258 / 1025
2022
Imports
$9.36MWorld Rnk 104 / 215
Flag Rnk 109 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $2.44M in Cranes, making it the 75th largest exporter of Cranes in the world. At the same year, Cranes was the 27th most exported product in Benin. The main destination of Cranes exports from Benin are: Netherlands ($1.15M), Belgium ($1.11M), Togo ($138k), Burkina Faso ($32.1k), and Niger ($1.15k).

The fastest growing export markets for Cranes of Benin between 2021 and 2022 were Netherlands ($1.15M), Belgium ($1.11M), and Togo ($73.4k).

Imports In 2022, Benin imported $9.36M in Cranes, becoming the 104th largest importer of Cranes in the world. At the same year, Cranes was the 109th most imported product in Benin. Benin imports Cranes primarily from: China ($2.51M), Cote d'Ivoire ($1.71M), Italy ($1.16M), Lithuania ($736k), and Belgium ($714k).

The fastest growing import markets in Cranes for Benin between 2021 and 2022 were China ($1.4M), Cote d'Ivoire ($1.22M), and Lithuania ($736k).

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 Cranes. 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)$2.44M
IMPORTS (2022)$9.36M
NET TRADE (2022)-$6.92M

In 2022, Benin exported $2.44M in Cranes. The main destinations of Benin exports on Cranes were Netherlands ($1.15M), Belgium ($1.11M), Togo ($138k), Burkina Faso ($32.1k), and Niger ($1.15k).

In 2022, Benin imported $9.36M in Cranes, mainly from China ($2.51M), Cote d'Ivoire ($1.71M), Italy ($1.16M), Lithuania ($736k), and Belgium ($714k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Benin WERE (2021 - 2022):
Netherlands$1.15M (1%)
Belgium$1.11M (1%)
Togo$73.4k (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Benin WERE (2021 - 2022):
Nigeria-$8.61M (-100%)
Ghana-$525k (-100%)
Sierra Leone-$108k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Cranes were:
China $4.1B
Germany $1.93B
Italy $1.28B
In 2022, Benin's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $165k
TOP IMPORT POTENTIALChina+ $911k

Cranes’s highest export potential is Netherlands. With an export gap of $165k.   Cranes’s highest import potential is China with an import gap of $911k.

See methodology.

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