2022
Exports
$1.45kWorld Rnk 113 / 144
Flag Rnk 445 / 656
2022
PRODUCT COMPLEXITY IN Waxes
0.46Rnk 381 / 1025
2022
Imports
$114kWorld Rnk 151 / 203
Flag Rnk 620 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $1.45k in Waxes, making it the 113th largest exporter of Waxes in the world. At the same year, Waxes was the 445th most exported product in Benin. The main destination of Waxes exports from Benin are: Niger ($1.38k) and France ($75).

The fastest growing export markets for Waxes of Benin between 2021 and 2022 were Niger ($1.38k) and France ($75).

Imports In 2022, Benin imported $114k in Waxes, becoming the 151st largest importer of Waxes in the world. At the same year, Waxes was the 620th most imported product in Benin. Benin imports Waxes primarily from: China ($95k), India ($16.1k), France ($1.84k), Lebanon ($510), and Nigeria ($143).

The fastest growing import markets in Waxes for Benin between 2021 and 2022 were China ($94.9k), India ($16.1k), and Lebanon ($510).

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 Waxes. 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)$1.45k
IMPORTS (2022)$114k
NET TRADE (2022)-$112k

In 2022, Benin exported $1.45k in Waxes. The main destinations of Benin exports on Waxes were Niger ($1.38k) and France ($75).

In 2022, Benin imported $114k in Waxes, mainly from China ($95k), India ($16.1k), France ($1.84k), Lebanon ($510), and Nigeria ($143).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR Benin WERE (2021 - 2022):
Niger$1.38k (1%)
France$75 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY Benin WERE (2021 - 2022):Burkina Faso-$53 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $750
TOP IMPORT POTENTIALChina+ $35.8k

Waxes’s highest export potential is China. With an export gap of $750.   Waxes’s highest import potential is China with an import gap of $35.8k.

See methodology.

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