2022
Exports
$1.44MWorld Rnk 98 / 194
Flag Rnk 43 / 656
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$22.7MWorld Rnk 107 / 223
Flag Rnk 53 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $1.44M in Stone Processing Machines, making it the 98th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 43rd most exported product in Benin. The main destination of Stone Processing Machines exports from Benin are: Angola ($775k), India ($265k), Morocco ($168k), Togo ($138k), and Republic of the Congo ($86.1k).

The fastest growing export markets for Stone Processing Machines of Benin between 2021 and 2022 were Angola ($775k), India ($265k), and Togo ($83.7k).

Imports In 2022, Benin imported $22.7M in Stone Processing Machines, becoming the 107th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 53rd most imported product in Benin. Benin imports Stone Processing Machines primarily from: Spain ($4.87M), China ($4.44M), Italy ($3.67M), France ($2.58M), and Turkey ($1.92M).

The fastest growing import markets in Stone Processing Machines for Benin between 2021 and 2022 were Spain ($4.46M), Italy ($2.83M), and China ($1.97M).

Latest Trends

Sep 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 Stone Processing Machines. 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)$1.44M
IMPORTS (2022)$22.7M
NET TRADE (2022)-$21.2M

In 2022, Benin exported $1.44M in Stone Processing Machines. The main destinations of Benin exports on Stone Processing Machines were Angola ($775k), India ($265k), Morocco ($168k), Togo ($138k), and Republic of the Congo ($86.1k).

In 2022, Benin imported $22.7M in Stone Processing Machines, mainly from Spain ($4.87M), China ($4.44M), Italy ($3.67M), France ($2.58M), and Turkey ($1.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Benin WERE (2021 - 2022):
Angola$775k (1%)
India$265k (1%)
Togo$83.7k (154%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Benin WERE (2021 - 2022):
Cote d'Ivoire-$173k (-99.1%)
Morocco-$84.8k (-33.5%)
Niger-$49.9k (-97.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Benin's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $288k
TOP IMPORT POTENTIALChina+ $1.81M

Stone Processing Machines’s highest export potential is India. With an export gap of $288k.   Stone Processing Machines’s highest import potential is China with an import gap of $1.81M.

See methodology.

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