Benin (BEN) and British Indian Ocean Territory (IOT) Trade | The Observatory of Economic Complexity

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Benin (BEN) and British Indian Ocean Territory (IOT) Trade

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Exports $6.81MRnk 77 / 0

2022

Economic Complexity (ECI) ECI -0.5Rnk 86 / 133

2022

GDP$17.4BCURRENT US$
Rnk 124 / 186

2012-2022

GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186

2022

GDP PC $1,303CURRENT US$
Rnk 161 / 186

2012-2022

GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

Image 1

Image by Samuel Peters
Link: https://flic.kr/p/7wHKmn

Image 2

Image by Serendigity
Link: https://flic.kr/p/imDghY

Historical Data
Economic Complexity

About

In N/A, Benin did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Benin In N/A, British Indian Ocean Territory did not export any products to Benin.

In N/A, British Indian Ocean Territory 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, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Benin does not register exports to British Indian Ocean Territory.

British Indian Ocean Territory does not register exports to Benin.

Exports from Benin () to British Indian Ocean Territory () (2021)

Exports from British Indian Ocean Territory () to Benin () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

British Indian Ocean Territory
Top DestinationSingapore$4.42M

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

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

In 2022, countries that imported more from British Indian Ocean Territory than Benin included Singapore ($4.42M), Uzbekistan ($280k), and Slovenia ($59.8k).

Difference in imports from British Indian Ocean Territory () and Benin () (2022)

Comparative Advantage Benin - British Indian Ocean Territory

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Benin and British Indian Ocean Territory by product, considering products traded by both, Benin and British Indian Ocean Territory.

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Benin and British Indian Ocean Territory. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over British Indian Ocean Territory. Similarly, a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Benin.

Product Space of Benin () and British Indian Ocean Territory () (2021)

Keep Exploring

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British Indian Ocean Territory
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