2022
Flag  
GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Benin-Hong Kong Trade: In 2022, Benin exported $138k to Hong Kong. The main products that Benin exported to Hong Kong were Edible Offal ($86.8k), Horse Meat ($20.2k), and Processed Crustaceans ($19.1k). Over the past 5 years the exports of Benin to Hong Kong have decreased at an annualized rate of 22%, from $478k in 2017 to $138k in 2022.

In 2022, Benin did not export any services to Hong Kong.

Hong Kong-Benin Trade: In 2022, Hong Kong exported $15.1M to Benin. The main products that Hong Kong exported to Benin were Broadcasting Equipment ($3.06M), Hot-Rolled Iron Bars ($1.91M), and Rice ($1.48M). Over the past 5 years the exports of Hong Kong to Benin have decreased at an annualized rate of 1.37%,  from $16.1M in 2017 to $15.1M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Benin exported $138k to Hong Kong. The main products exported from Benin to Hong Kong were Edible Offal ($86.8k), Horse Meat ($20.2k), and Processed Crustaceans ($19.1k). During the last 5 years the exports of Benin to Hong Kong have decreased at an annualized rate of 22%, from $478k in 2017 to $138k in 2022.

In 2017, Hong Kong exported $15.1M to Benin. The main products exported from Hong Kong to Benin were Broadcasting Equipment ($3.06M), Hot-Rolled Iron Bars ($1.91M), and Rice ($1.48M). During the last 5 years the exports of Hong Kong to Benin have decreased at an annualized rate of 1.37%, from $16.1M in 2022 to $15.1M in 2017.

Exports from Benin (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Benin (Flag) (2022)

Latest Data

Trade between Benin (Flag) and Hong Kong (Flag)

Benin Exports

Hong Kong Exports

Market Competitiveness

Color
Benin
Top Destination
India$448M
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Benin than Hong Kong included Chad ($28M), Niger ($16.9M), and Burkina Faso ($9.13M).

In 2022, countries that imported more from Hong Kong than Benin included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Benin (Flag) (2022)

Comparative Advantage Benin - Hong Kong

Flow
Scale

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

During 2022, Benin had a large net trade with Hong Kong in the exports of Animal Products ($110k), Foodstuffs ($20.3k), and Machines ($7.16k).

During 2017, Hong Kong had a large net trade with Benin in the exports of Machines ($5.77M), Metals ($2.81M), and Vegetable Products ($1.48M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Hong Kong+$38.9kTelephones
Top Product Potential Hong Kong Benin+$1.36MTelephones

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

Product Space of Benin (Flag) and Hong Kong (Flag) (2022)

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