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

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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 28.2%, from $12.9k in 2017 to $2.46k in 2022.

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

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.

Comparison: In 2022, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 28.2%, from $12.9k in 2017 to $2.46k in 2022.

In 2017, 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 2022 to $8.26M in 2017.

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

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

Latest Data

Trade between Benin () and Austria ()

Benin Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Austria
Top DestinationGermany$57.7B

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

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

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

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

Comparative Advantage Benin - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Austria in the exports of Chemical Products ($1.28k), Foodstuffs ($524), and Instruments ($240).

During 2017, Austria had a large net trade with Benin in the exports of Textiles ($5.79M), Machines ($948k), and Stone And Glass ($704k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Austria+$5.91kGold

Top Product Potential Austria Benin+$343kDelivery Trucks

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Benin () and Austria ()

Benin Exports

Austria Exports

Market Competitiveness

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

Comparative Advantage Benin - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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