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Pricing

2022
Flag → Flag
Exports $33kRnk 78 / 128
2022
Flag → Flag
Top Product $23.6kOther Pure Vegetable Oils
2022
Flag → Flag
Exports $4.25MRnk 140 / 168
2022
Flag → Flag
Top Product $1.96MCorn
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Benin-Argentina Trade: In 2022, Benin exported $33k to Argentina. The main products that Benin exported to Argentina were Other Pure Vegetable Oils ($23.6k), Harvesting Machinery ($6.79k), and Air Pumps ($2.14k). Over the past 6 years the exports of Benin to Argentina have increased at an annualized rate of 50.2%, from $2.87k in 2016 to $33k in 2022.

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

Argentina-Benin Trade: In 2022, Argentina exported $4.25M to Benin. The main products that Argentina exported to Benin were Corn ($1.96M), Packaged Medicaments ($873k), and Poultry Meat ($718k). Over the past 6 years the exports of Argentina to Benin have increased at an annualized rate of 9.85%,  from $2.66M in 2016 to $4.25M in 2022.

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

Comparison: In 2022,  Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Benin exported $33k to Argentina. The main products exported from Benin to Argentina were Other Pure Vegetable Oils ($23.6k), Harvesting Machinery ($6.79k), and Air Pumps ($2.14k). During the last 6 years the exports of Benin to Argentina have increased at an annualized rate of 50.2%, from $2.87k in 2016 to $33k in 2022.

In 2017, Argentina exported $4.25M to Benin. The main products exported from Argentina to Benin were Corn ($1.96M), Packaged Medicaments ($873k), and Poultry Meat ($718k). During the last 5 years the exports of Argentina to Benin have increased at an annualized rate of 9.85%, from $2.66M in 2022 to $4.25M in 2017.

Exports from Benin (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to Benin (Flag) (2022)

Latest Data

Trade between Benin (Flag) and Argentina (Flag)

Benin Exports

Date

Argentina Exports

Market Competitiveness

Color
Benin
Top DestinationIndia$448M
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Benin than Argentina included United Arab Emirates ($382M), Chad ($28M), and Togo ($35.9M).

In 2022, countries that imported more from Argentina than Benin included Brazil ($12.6B), China ($8B), and United States ($6.99B).

Difference in imports from Argentina (Flag) and Benin (Flag) (2022)

Comparative Advantage Benin - Argentina

Flow
Scale

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

During 2022, Benin had a large net trade with Argentina in the exports of Animal and Vegetable Bi-Products ($23.6k), Machines ($8.94k), and Metals ($372).

During 2017, Argentina had a large net trade with Benin in the exports of Vegetable Products ($1.96M), Animal Products ($1.32M), and Chemical Products ($936k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Argentina+$4.49kSoybeans
Top Product Potential Argentina Benin+$635kPoultry Meat

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

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

Product Space of Benin (Flag) and Argentina (Flag) (2022)

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