2022
Exports
$386MWorld Rnk 73 / 176
Flag Rnk 2 / 656
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$2.3MWorld Rnk 109 / 178
Flag Rnk 248 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $386M in Gold, making it the 73rd largest exporter of Gold in the world. At the same year, Gold was the 2nd most exported product in Benin. The main destination of Gold exports from Benin are: United Arab Emirates ($376M), India ($6.52M), Ukraine ($1.91M), Ghana ($596k), and Germany ($208k).

The fastest growing export markets for Gold of Benin between 2021 and 2022 were India ($6.52M), Ghana ($596k), and Germany ($208k).

Imports In 2022, Benin imported $2.3M in Gold, becoming the 109th largest importer of Gold in the world. At the same year, Gold was the 248th most imported product in Benin. Benin imports Gold primarily from: Ghana ($2.23M) and United Kingdom ($72.5k).

The fastest growing import markets in Gold for Benin between 2021 and 2022 were Ghana ($2.23M) and United Kingdom ($72.5k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$386M
IMPORTS (2022)$2.3M
NET TRADE (2022)$383M

In 2022, Benin exported $386M in Gold. The main destinations of Benin exports on Gold were United Arab Emirates ($376M), India ($6.52M), Ukraine ($1.91M), Ghana ($596k), and Germany ($208k).

In 2022, Benin imported $2.3M in Gold, mainly from Ghana ($2.23M) and United Kingdom ($72.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Benin WERE (2021 - 2022):
India$6.52M (1%)
Ghana$596k (1%)
Germany$208k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Benin WERE (2021 - 2022):
United Arab Emirates-$457M (-54.8%)
Ukraine-$13.6M (-87.7%)
France-$247 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Benin's main exporting competitors in Gold were:
In 2022, Benin's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $32.2M
TOP IMPORT POTENTIALGhana+ $1.15M

Gold’s highest export potential is India. With an export gap of $32.2M.   Gold’s highest import potential is Ghana with an import gap of $1.15M.

See methodology.

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