Austria (AUT) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Austria-Benin Trade: In 2022, Austria exported $8.26M to Benin. The main products that Austria exported to Benin were Light Pure Woven Cotton ($5.54M), Refractory Bricks ($700k), and Woodworking machines ($505k). Over the past 5 years the exports of Austria to Benin have decreased at an annualized rate of 14.2%, from $17.7M in 2017 to $8.26M in 2022.

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

Benin-Austria Trade: In 2022, Benin exported $2.46k to Austria. The main products that Benin exported to Austria were Beauty Products ($1.03k), Fruit Juice ($422), and Soap ($245). Over the past 5 years the exports of Benin to Austria have decreased at an annualized rate of 14%, from $12.9k in 2017 to $2.46k in 2022.

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

Comparison: In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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, Austria exported $8.26M to Benin. The main products exported from Austria to Benin were Light Pure Woven Cotton ($5.54M), Refractory Bricks ($700k), and Woodworking machines ($505k). During the last 5 years the exports of Austria to Benin have decreased at an annualized rate of 14.2%, from $17.7M in 2017 to $8.26M in 2022.

In 2017, Benin exported $2.46k to Austria. The main products exported from Benin to Austria were Beauty Products ($1.03k), Fruit Juice ($422), and Soap ($245). During the last 5 years the exports of Benin to Austria have decreased at an annualized rate of 14%, from $12.9k in 2022 to $2.46k in 2017.

Exports from Austria () to Benin () (2022)

Exports from Benin () to Austria () (2022)

Latest Data

Trade between Austria () and Benin ()

Austria Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Austria than Benin included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Benin than Austria included Bangladesh ($406M), Togo ($35.9M), and Chad ($28M).

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

Comparative Advantage Austria - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Benin in the exports of Textiles ($5.79M), Machines ($948k), and Stone And Glass ($704k).

During 2017, Benin had a large net trade with Austria in the exports of Chemical Products ($1.28k), Foodstuffs ($524), and Instruments ($240).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Benin+$343kDelivery Trucks

Top Product Potential Benin Austria+$5.91kGold

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 Austria and Benin. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Austria.

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Benin () (2022)

Exports from Benin () to Austria () (2022)

Latest Data

Trade between Austria () and Benin ()

Austria Exports

Benin Exports

Market Competitiveness

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

Comparative Advantage Austria - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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