2022
Exports
$1.74MWorld Rnk 93 / 202
Flag Rnk 36 / 656
2022
PRODUCT COMPLEXITY IN Soap
-1.11Rnk 858 / 1025
2022
Imports
$13.2MWorld Rnk 112 / 223
Flag Rnk 88 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $1.74M in Soap, making it the 93rd largest exporter of Soap in the world. At the same year, Soap was the 36th most exported product in Benin. The main destination of Soap exports from Benin are: Nigeria ($1.7M), France ($10.9k), Togo ($7.52k), Gabon ($5.19k), and Republic of the Congo ($4.42k).

The fastest growing export markets for Soap of Benin between 2021 and 2022 were Nigeria ($199k), Togo ($4.24k), and Democratic Republic of the Congo ($3.18k).

Imports In 2022, Benin imported $13.2M in Soap, becoming the 112th largest importer of Soap in the world. At the same year, Soap was the 88th most imported product in Benin. Benin imports Soap primarily from: Malaysia ($6.05M), Indonesia ($2.05M), China ($1.6M), United Arab Emirates ($1.17M), and France ($542k).

The fastest growing import markets in Soap for Benin between 2021 and 2022 were Malaysia ($3.05M), Indonesia ($1.09M), and United Arab Emirates ($1.06M).

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 Soap. 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)$1.74M
IMPORTS (2022)$13.2M
NET TRADE (2022)-$11.4M

In 2022, Benin exported $1.74M in Soap. The main destinations of Benin exports on Soap were Nigeria ($1.7M), France ($10.9k), Togo ($7.52k), Gabon ($5.19k), and Republic of the Congo ($4.42k).

In 2022, Benin imported $13.2M in Soap, mainly from Malaysia ($6.05M), Indonesia ($2.05M), China ($1.6M), United Arab Emirates ($1.17M), and France ($542k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soap EXPORT MARKETS FOR Benin WERE (2021 - 2022):
Nigeria$199k (13.3%)
Togo$4.24k (129%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY Benin WERE (2021 - 2022):
Burkina Faso-$23.6k (-100%)
Gabon-$5.95k (-53.4%)
Italy-$3.09k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Soap were:
In 2022, Benin's main importing competitors in Soap were:

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Trade Value of Soap by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $509k
TOP IMPORT POTENTIALIndonesia+ $624k

Soap’s highest export potential is Nigeria. With an export gap of $509k.   Soap’s highest import potential is Indonesia with an import gap of $624k.

See methodology.

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