2023
Exports
$12.6MWorld Rnk 66 / 188
Flag Rnk 14 / 682
2023
PRODUCT COMPLEXITY IN Large Construction Vehicles
1.08Rnk 152 / 1025
2023
Imports
$47.8MWorld Rnk 116 / 223
Flag Rnk 18 / 1063
2023
ECONOMIC COMPLEXITY of Benin
-0.43Rnk 83 / 132

About

Exports In 2023, Benin exported $12.6M in Large Construction Vehicles, making it the 66th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 14th most exported product in Benin. The main destination of Large Construction Vehicles exports from Benin are: Netherlands ($4.68M), Togo ($2.68M), Nigeria ($2.38M), Cameroon ($860k), and Tanzania ($475k).

The fastest growing export markets for Large Construction Vehicles of Benin between 2022 and 2023 were Netherlands ($4.68M), Nigeria ($2.38M), and Togo ($2.06M).

Imports In 2023, Benin imported $47.8M in Large Construction Vehicles, becoming the 116th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 18th most imported product in Benin. Benin imports Large Construction Vehicles primarily from: Belgium ($7.73M), China ($7.56M), Netherlands ($7.23M), Togo ($6.26M), and Ghana ($3.65M).

The fastest growing import markets in Large Construction Vehicles for Benin between 2022 and 2023 were Togo ($4.43M), Netherlands ($3.12M), and Cote d'Ivoire ($1.29M).

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 Large Construction Vehicles. 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)$12.6M
IMPORTS (2023)$47.8M
NET TRADE (2023)-$35.2M

In 2023, Benin exported $12.6M in Large Construction Vehicles. The main destinations of Benin exports on Large Construction Vehicles were Netherlands ($4.68M), Togo ($2.68M), Nigeria ($2.38M), Cameroon ($860k), and Tanzania ($475k).

In 2023, Benin imported $47.8M in Large Construction Vehicles, mainly from Belgium ($7.73M), China ($7.56M), Netherlands ($7.23M), Togo ($6.26M), and Ghana ($3.65M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Benin WERE (2022 - 2023):
Netherlands$4.68M (1%)
Nigeria$2.38M (1%)
Togo$2.06M (332%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Benin WERE (2022 - 2023):
Belgium-$445k (-100%)
Niger-$186k (-100%)
Germany-$122k (-82.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Benin's main exporting competitors in Large Construction Vehicles were:
In 2023, Benin's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $426k
TOP IMPORT POTENTIALChina+ $3.47M

Large Construction Vehicles’s highest export potential is Belgium. With an export gap of $426k.   Large Construction Vehicles’s highest import potential is China with an import gap of $3.47M.

See methodology.

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