2022
Exports
$2.62MWorld Rnk 126 / 218
Flag Rnk 21 / 91
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$120MWorld Rnk 102 / 226
Flag Rnk 15 / 96
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $2.62M in Preparations of cereals, flour, starch or milk, making it the 126th largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 21st most exported product in Benin. The main destination of Preparations of cereals, flour, starch or milk exports from Benin are: Cote d'Ivoire ($1.75M), Togo ($363k), Burkina Faso ($220k), France ($129k), and Ireland ($52.1k).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Benin between 2021 and 2022 were Cote d'Ivoire ($1.26M), France ($82k), and Ireland ($52.1k).

Imports In 2022, Benin imported $120M in Preparations of cereals, flour, starch or milk, becoming the 102nd largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 15th most imported product in Benin. Benin imports Preparations of cereals, flour, starch or milk primarily from: Turkey ($58.2M), Malaysia ($19M), India ($8.45M), France ($5.96M), and Netherlands ($5.2M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Benin between 2021 and 2022 were Malaysia ($6.87M), India ($4.77M), and France ($1.7M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Preparations of cereals, flour, starch or milk. 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)$2.62M
IMPORTS (2022)$120M
NET TRADE (2022)-$118M

In 2022, Benin exported $2.62M in Preparations of cereals, flour, starch or milk. The main destinations of Benin exports on Preparations of cereals, flour, starch or milk were Cote d'Ivoire ($1.75M), Togo ($363k), Burkina Faso ($220k), France ($129k), and Ireland ($52.1k).

In 2022, Benin imported $120M in Preparations of cereals, flour, starch or milk, mainly from Turkey ($58.2M), Malaysia ($19M), India ($8.45M), France ($5.96M), and Netherlands ($5.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR Benin WERE (2021 - 2022):
Cote d'Ivoire$1.26M (257%)
France$82k (173%)
Ireland$52.1k (91.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY Benin WERE (2021 - 2022):
Togo-$384k (-51.4%)
Ghana-$141k (-100%)
Republic of the Congo-$10.8k (-97.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Benin's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, Benin's main importing competitors in Preparations of cereals, flour, starch or milk were:

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Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALTogo+ $221k
TOP IMPORT POTENTIALFrance+ $2.08M

Preparations of cereals, flour, starch or milk’s highest export potential is Togo. With an export gap of $221k.   Preparations of cereals, flour, starch or milk’s highest import potential is France with an import gap of $2.08M.

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