2023
Exports
$766MWorld Rnk 70 / 167
Flag Rnk 1 / 682
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$5.9MWorld Rnk 98 / 174
Flag Rnk 139 / 1063
2023
ECONOMIC COMPLEXITY of Benin
-0.43Rnk 83 / 132

About

Exports In 2023, Benin exported $766M in Gold, making it the 70th largest exporter of Gold in the world. At the same year, Gold was the 1st most exported product in Benin. The main destination of Gold exports from Benin are: United Arab Emirates ($765M) and Niger ($1.22M).

The fastest growing export markets for Gold of Benin between 2022 and 2023 were United Arab Emirates ($388M) and Niger ($1.22M).

Imports In 2023, Benin imported $5.9M in Gold, becoming the 98th largest importer of Gold in the world. At the same year, Gold was the 139th most imported product in Benin. Benin imports Gold primarily from: Ghana ($4.52M), Niger ($1.38M), and Nigeria ($2.62k).

The fastest growing import markets in Gold for Benin between 2022 and 2023 were Ghana ($2.28M), Niger ($1.38M), and Nigeria ($2.62k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$766M
IMPORTS (2023)$5.9M
NET TRADE (2023)$760M

In 2023, Benin exported $766M in Gold. The main destinations of Benin exports on Gold were United Arab Emirates ($765M) and Niger ($1.22M).

In 2023, Benin imported $5.9M in Gold, mainly from Ghana ($4.52M), Niger ($1.38M), and Nigeria ($2.62k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Benin WERE (2022 - 2023):
Niger$1.22M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Benin WERE (2022 - 2023):
India-$13.5M (-100%)
Ukraine-$1.91M (-100%)
Ghana-$597k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Benin's main exporting competitors in Gold were:
In 2023, 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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