2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
falseWorld Rnk 144 / 224
Flag Rnk 292 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported N/A in Lubricating Products, making it the 171st largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 518th most exported product in Benin. The main destination of Lubricating Products exports from Benin are: Senegal ($442), France ($40), and South Africa ($29).

The fastest growing export markets for Lubricating Products of Benin between 2021 and 2022 were Senegal ($442), France ($40), and South Africa ($29).

Imports In 2022, Benin imported $1.53M in Lubricating Products, becoming the 144th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 292nd most imported product in Benin. Benin imports Lubricating Products primarily from: Thailand ($293k), Switzerland ($211k), United Arab Emirates ($204k), France ($160k), and China ($158k).

The fastest growing import markets in Lubricating Products for Benin between 2021 and 2022 were Thailand ($293k), Switzerland ($200k), and United Arab Emirates ($138k).

Latest Trends

Jul 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 Lubricating Products. 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
IMPORTS (2022)$1.53M

In N/A, Benin exported N/A in Lubricating Products. The main destinations of Benin exports on Lubricating Products were Senegal ($442), France ($40), and South Africa ($29).

In 2022, Benin imported $1.53M in Lubricating Products, mainly from Thailand ($293k), Switzerland ($211k), United Arab Emirates ($204k), France ($160k), and China ($158k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Benin WERE (2021 - 2022):
Senegal$442 (1%)
France$40 (1%)
South Africa$29 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Benin WERE (2021 - 2022):
Burkina Faso-$219 (-100%)
Belgium-$12 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Lubricating Products were:
In 2022, Benin's main importing competitors in Lubricating Products were:
China $1.71B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $793
TOP IMPORT POTENTIALFrance+ $126k

Lubricating Products’s highest export potential is China. With an export gap of $793.   Lubricating Products’s highest import potential is France with an import gap of $126k.

See methodology.

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