Benin (BEN) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Benin-Georgia Trade: In 2022, Benin exported $339 to Georgia. The main products that Benin exported to Georgia were Other Knit Garments ($339). Over the past 16 years the exports of Benin to Georgia have decreased at an annualized rate of 23.5%, from $24.6k in 2006 to $339 in 2022.

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

Georgia-Benin Trade: In 2022, Georgia exported $54.2k to Benin. The main products that Georgia exported to Benin were Hard Liquor ($20.6k), Flavored Water ($15.6k), and Wine ($9.06k). Over the past 16 years the exports of Georgia to Benin have increased at an annualized rate of 16.5%, from $25.3k in 2006 to $54.2k in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $339 to Georgia. The main products exported from Benin to Georgia were Other Knit Garments ($339). During the last 16 years the exports of Benin to Georgia have decreased at an annualized rate of 23.5%, from $24.6k in 2006 to $339 in 2022.

In 2017, Georgia exported $54.2k to Benin. The main products exported from Georgia to Benin were Hard Liquor ($20.6k), Flavored Water ($15.6k), and Wine ($9.06k). During the last 5 years the exports of Georgia to Benin have increased at an annualized rate of 16.5%, from $25.3k in 2022 to $54.2k in 2017.

Exports from Benin () to Georgia () (2022)

Exports from Georgia () to Benin () (2022)

Latest Data

Trade between Benin () and Georgia ()

Benin Exports

Date

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Benin than Georgia included Bangladesh ($406M), United Arab Emirates ($382M), and India ($448M).

In 2022, countries that imported more from Georgia than Benin included China ($759M), Azerbaijan ($668M), and Russia ($642M).

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

Comparative Advantage Benin - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Georgia in the exports of Textiles ($339).

During 2017, Georgia had a large net trade with Benin in the exports of Foodstuffs ($45.2k), Transportation ($9k), and Chemical Products ($39).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Georgia+$2.26kRefined Petroleum

Top Product Potential Georgia Benin+$18kHard Liquor

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Georgia () (2022)

Exports from Georgia () to Benin () (2022)

Latest Data

Trade between Benin () and Georgia ()

Benin Exports

Georgia Exports

Market Competitiveness

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

Comparative Advantage Benin - Georgia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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