2022
Exports
$42.3MWorld Rnk 35 / 173
Flag Rnk 5 / 656
2022
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.33Rnk 1015 / 1025
2022
Imports
$170kWorld Rnk 148 / 217
Flag Rnk 576 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $42.3M in Other Oily Seeds, making it the 35th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 5th most exported product in Benin. The main destination of Other Oily Seeds exports from Benin are: Togo ($12.6M), Denmark ($11M), Burkina Faso ($5.19M), Mali ($5.03M), and Turkey ($2.03M).

The fastest growing export markets for Other Oily Seeds of Benin between 2021 and 2022 were Togo ($10.1M), Mali ($3.15M), and Nigeria ($1.34M).

Imports In 2022, Benin imported $170k in Other Oily Seeds, becoming the 148th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 576th most imported product in Benin. Benin imports Other Oily Seeds primarily from: Nigeria ($73.5k), France ($27k), Niger ($23k), India ($19k), and Cote d'Ivoire ($18.2k).

The fastest growing import markets in Other Oily Seeds for Benin between 2021 and 2022 were Nigeria ($68.2k), France ($15.2k), and Cote d'Ivoire ($14.5k).

Latest Trends

Oct 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 Other Oily Seeds. 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 (2022)$42.3M
IMPORTS (2022)$170k
NET TRADE (2022)$42.2M

In 2022, Benin exported $42.3M in Other Oily Seeds. The main destinations of Benin exports on Other Oily Seeds were Togo ($12.6M), Denmark ($11M), Burkina Faso ($5.19M), Mali ($5.03M), and Turkey ($2.03M).

In 2022, Benin imported $170k in Other Oily Seeds, mainly from Nigeria ($73.5k), France ($27k), Niger ($23k), India ($19k), and Cote d'Ivoire ($18.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Benin WERE (2021 - 2022):
Togo$10.1M (410%)
Mali$3.15M (168%)
Nigeria$1.34M (737%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Benin WERE (2021 - 2022):
Denmark-$12.7M (-53.7%)
India-$2.74M (-72.9%)
Burkina Faso-$1.49M (-22.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Benin's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $2.04M
TOP IMPORT POTENTIALNigeria+ $110k

Other Oily Seeds’s highest export potential is Turkey. With an export gap of $2.04M.   Other Oily Seeds’s highest import potential is Nigeria with an import gap of $110k.

See methodology.

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