2023
Exports
$32.4kWorld Rnk 107 / 140
Flag Rnk 252 / 682
2023
PRODUCT COMPLEXITY IN Insect Resins
-2.36Rnk 1014 / 1025
2023
Imports
$44kWorld Rnk 138 / 191
Flag Rnk 744 / 1063
2023
ECONOMIC COMPLEXITY of Benin
-0.43Rnk 83 / 132

About

Exports In 2023, Benin exported $32.4k in Insect Resins, making it the 107th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 252nd most exported product in Benin. The main destination of Insect Resins exports from Benin are: Pakistan ($27.7k) and France ($4.73k).

The fastest growing export markets for Insect Resins of Benin between 2022 and 2023 were Pakistan ($27.7k).

Imports In 2023, Benin imported $44k in Insect Resins, becoming the 138th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 744th most imported product in Benin. Benin imports Insect Resins primarily from: Singapore ($34.2k), Nigeria ($6.99k), France ($2.62k), and United Kingdom ($210).

The fastest growing import markets in Insect Resins for Benin between 2022 and 2023 were Singapore ($34.2k), Nigeria ($2.75k), and France ($2.62k).

Latest Trends

Dec 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 Insect Resins. 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 (2023)$32.4k
IMPORTS (2023)$44k
NET TRADE (2023)-$11.6k

In 2023, Benin exported $32.4k in Insect Resins. The main destinations of Benin exports on Insect Resins were Pakistan ($27.7k) and France ($4.73k).

In 2023, Benin imported $44k in Insect Resins, mainly from Singapore ($34.2k), Nigeria ($6.99k), France ($2.62k), and United Kingdom ($210).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Benin WERE (2022 - 2023):Pakistan$27.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Benin WERE (2022 - 2023):
India-$30.5k (-100%)
France-$30.4k (-86.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Benin's main exporting competitors in Insect Resins were:
In 2023, Benin's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $43.6k
TOP IMPORT POTENTIALIndonesia+ $6.88k

Insect Resins’s highest export potential is India. With an export gap of $43.6k.   Insect Resins’s highest import potential is Indonesia with an import gap of $6.88k.

See methodology.

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