2023
Exports
$22.9MWorld Rnk 40 / 138
Flag Rnk 9 / 682
2023
PRODUCT COMPLEXITY IN Other Vegetable Residues
-1.1Rnk 855 / 1025
2023
Imports
$67.2kWorld Rnk 136 / 186
Flag Rnk 695 / 1063
2023
ECONOMIC COMPLEXITY of Benin
-0.43Rnk 83 / 132

About

Exports In 2023, Benin exported $22.9M in Other Vegetable Residues, making it the 40th largest exporter of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 9th most exported product in Benin. The main destination of Other Vegetable Residues exports from Benin are: India ($6.47M), Togo ($3.86M), South Africa ($3.7M), Niger ($2.52M), and Lebanon ($1.49M).

The fastest growing export markets for Other Vegetable Residues of Benin between 2022 and 2023 were Togo ($2.38M), Lebanon ($1.49M), and Senegal ($1.18M).

Imports In 2023, Benin imported $67.2k in Other Vegetable Residues, becoming the 136th largest importer of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 695th most imported product in Benin. Benin imports Other Vegetable Residues primarily from: Togo ($54.3k) and Nigeria ($12.9k).

The fastest growing import markets in Other Vegetable Residues for Benin between 2022 and 2023 were Nigeria ($7.36k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$22.9M
IMPORTS (2023)$67.2k
NET TRADE (2023)$22.8M

In 2023, Benin exported $22.9M in Other Vegetable Residues. The main destinations of Benin exports on Other Vegetable Residues were India ($6.47M), Togo ($3.86M), South Africa ($3.7M), Niger ($2.52M), and Lebanon ($1.49M).

In 2023, Benin imported $67.2k in Other Vegetable Residues, mainly from Togo ($54.3k) and Nigeria ($12.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Residues EXPORT MARKETS FOR Benin WERE (2022 - 2023):
Togo$2.38M (161%)
Lebanon$1.49M (1%)
Senegal$1.18M (413%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Residues BY Benin WERE (2022 - 2023):
India-$10.6M (-62.1%)
China-$2.54M (-97.8%)
Qatar-$1.64M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Benin's main exporting competitors in Other Vegetable Residues were:
In 2023, Benin's main importing competitors in Other Vegetable Residues were:

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Trade Value of Other Vegetable Residues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.36M
TOP IMPORT POTENTIALNigeria+ $3.11k

Other Vegetable Residues’s highest export potential is China. With an export gap of $4.36M.   Other Vegetable Residues’s highest import potential is Nigeria with an import gap of $3.11k.

See methodology.

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