2022
Flag  
GDP
$17.4BCURRENT US$
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2012-2022
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GDP GROWTH
56.2%CURRENT US$
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2022
Flag
 GDP
$89BCURRENT US$
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2012-2022
Flag
GDP GROWTH
64%CURRENT US$
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2022
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GDP PC 
$1,303CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
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2022
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GDP PC
$13,772CURRENT US$
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2012-2022
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GDP PC GROWTH
85.3%CURRENT US$
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About

Benin-Bulgaria In 2022, Benin exported $1.13M to Bulgaria. The main products that Benin exported to Bulgaria are Raw Cotton ($1.13M), Other Oily Seeds ($216), and Other Pure Vegetable Oils ($123). During the last 24 years the exports of Benin to Bulgaria have increased at an annualized rate of 16.8%, from $27.2k in 1998 to $1.13M in 2022.

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

Bulgaria-Benin In 2022, Bulgaria exported $1.93M to Benin. The main products that Bulgaria exported to Benin were Used Clothing ($1.14M), Calculators ($187k), and Special Pharmaceuticals ($182k). During the last 24 years the exports of Bulgaria to Benin have increased at an annualized rate of 3.32%, from $883k in 1998 to $1.93M in 2022.

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

Comparison In 2022,  Benin ranked 149 in total exports ($1.67B), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Benin exported $1.13M to Bulgaria. The main products exported from Benin to Bulgaria were Raw Cotton ($1.13M), Other Oily Seeds ($216), and Other Pure Vegetable Oils ($123). During the last 24 years the exports of Benin to Bulgaria have increased at an annualized rate of 16.8%, from $27.2k in 1998 to $1.13M in 2022.

In 2022, Bulgaria exported $1.93M to Benin. The main products exported from Bulgaria to Benin were Used Clothing ($1.14M), Calculators ($187k), and Special Pharmaceuticals ($182k). During the last 26 years the exports of Bulgaria to Benin have increased at an annualized rate of 3.32%, from $883k in 1996 to $1.93M in 2022.

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

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

Latest Data

Trade between Benin (Flag) and Bulgaria (Flag)

Benin Exports

Bulgaria Exports

Market Competitiveness

Color
Benin
Top Destination
India$448M
Bulgaria
Top Destination
Germany$6.91B

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

In 2021, countries that imported more from Benin than Bulgaria were Bangladesh ($406M), United Arab Emirates ($382M), and India ($448M).

In 2021, countries that imported more from Bulgaria than Benin were Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

Comparative Advantage Benin - Bulgaria

Flow
Scale

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

During 2022, Benin had a large net trade with Bulgaria in the exports of Textiles ($1.13M), Vegetable Products ($216), and Animal and Vegetable Bi-Products ($123).

During 2022, Bulgaria had a large net trade with Benin in the exports of Textiles ($1.14M), Machines ($296k), and Foodstuffs ($201k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Benin has comparative advantage over Bulgaria. Similarly, the more yellow a dot/product is, the more Bulgaria has comparative advantage over Benin.

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

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