Albania (ALB) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Albania-Benin Trade: In 2022, Albania exported $16.7k to Benin. The main products that Albania exported to Benin were Tanned Equine and Bovine Hides ($8.86k) and Used Clothing ($7.87k). Over the past 5 years the exports of Albania to Benin have decreased at an annualized rate of 14.3%, from $36.2k in 2017 to $16.7k in 2022.

In 2022, Albania did not export any services to Benin.

Benin-Albania Trade: In 2022, Benin exported $321 to Albania. The main products that Benin exported to Albania were Used Clothing ($321). Over the past 5 years the exports of Benin to Albania have decreased at an annualized rate of 17.9%, from $861 in 2017 to $321 in 2022.

In 2022, Benin did not export any services to Albania.

Comparison: In 2022, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Albania exported $16.7k to Benin. The main products exported from Albania to Benin were Tanned Equine and Bovine Hides ($8.86k) and Used Clothing ($7.87k). During the last 5 years the exports of Albania to Benin have decreased at an annualized rate of 14.3%, from $36.2k in 2017 to $16.7k in 2022.

In 2017, Benin exported $321 to Albania. The main products exported from Benin to Albania were Used Clothing ($321). During the last 5 years the exports of Benin to Albania have decreased at an annualized rate of 17.9%, from $861 in 2022 to $321 in 2017.

Exports from Albania () to Benin () (2022)

Exports from Benin () to Albania () (2022)

Latest Data

Trade between Albania () and Benin ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Benin
Top DestinationIndia$448M

This map shows whether countries import more from Albania or Benin. Each country is colored based on the difference in imports they receive from Albania and Benin or the difference in the growth in imports.

In 2022, countries that imported more from Albania than Benin included Italy ($1.75B), Greece ($421M), and Spain ($309M).

In 2022, countries that imported more from Benin than Albania included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

Difference in imports from Benin () and Albania () (2022)

Comparative Advantage Albania - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Albania and Benin by product, considering products traded by both, Albania and Benin.

During 2022, Albania had a large net trade with Benin in the exports of Animal Hides ($8.86k) and Textiles ($7.87k).

During 2017, Benin had a large net trade with Albania in the exports of Textiles ($321).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Benin+$5.08kUsed Clothing

Top Product Potential Benin Albania+$2.27kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Albania and Benin. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Albania.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Benin () (2022)

Exports from Benin () to Albania () (2022)

Latest Data

Trade between Albania () and Benin ()

Benin Exports

Market Competitiveness

Difference in imports from Benin () and Albania () (2022)

Comparative Advantage Albania - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Benin () (2022)

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