Benin (BEN) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Benin-Spain Trade: In 2022, Benin exported $863k to Spain. The main products that Benin exported to Spain were Copper Wire ($225k), Refined Petroleum ($155k), and Cassava ($120k). Over the past 5 years the exports of Benin to Spain have decreased at an annualized rate of 22.7%, from $3.12M in 2017 to $863k in 2022.

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

Spain-Benin Trade: In 2022, Spain exported $101M to Benin. The main products that Spain exported to Benin were Poultry Meat ($21.8M), Refined Petroleum ($9.59M), and Unglazed Ceramics ($8.17M). Over the past 5 years the exports of Spain to Benin have increased at an annualized rate of 12.1%, from $57.2M in 2017 to $101M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $863k to Spain. The main products exported from Benin to Spain were Copper Wire ($225k), Refined Petroleum ($155k), and Cassava ($120k). During the last 5 years the exports of Benin to Spain have decreased at an annualized rate of 22.7%, from $3.12M in 2017 to $863k in 2022.

In 2017, Spain exported $101M to Benin. The main products exported from Spain to Benin were Poultry Meat ($21.8M), Refined Petroleum ($9.59M), and Unglazed Ceramics ($8.17M). During the last 5 years the exports of Spain to Benin have increased at an annualized rate of 12.1%, from $57.2M in 2022 to $101M in 2017.

Exports from Benin () to Spain () (2022)

Exports from Spain () to Benin () (2022)

Latest Data

Trade between Benin () and Spain ()

Benin Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Benin than Spain included Bangladesh ($406M), Chad ($28M), and Niger ($16.9M).

In 2022, countries that imported more from Spain than Benin included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Benin - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Spain in the exports of Metals ($352k), Vegetable Products ($169k), and Mineral Products ($156k).

During 2017, Spain had a large net trade with Benin in the exports of Animal Products ($23.5M), Mineral Products ($20.5M), and Machines ($19.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Spain+$716kRefined Petroleum

Top Product Potential Spain Benin+$7.71MRefined 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 Benin and Spain. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Benin.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Spain () (2022)

Exports from Spain () to Benin () (2022)

Latest Data

Trade between Benin () and Spain ()

Benin Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Benin - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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