Benin (BEN) and Iceland (ISL) Trade | The Observatory of Economic Complexity

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In N/A, Benin did not export any services to Iceland.

Iceland-Benin Trade: In N/A, Iceland exported $649k to Benin. The main products that Iceland exported to Benin were Air Conditioners ($350k), Pasta ($181k), and Used Clothing ($62.6k). Over the past N/A years the exports of Iceland to Benin have decreased at an annualized rate of 13.7%, from $1.35M in N/A to $649k in N/A.

In N/A, Iceland 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, Iceland ranked 116 in total exports ($7.31B), 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 Iceland. The main products exported from Benin to Iceland were Coconuts, Brazil Nuts, and Cashews ($9.51k).

In 2017, Iceland exported $649k to Benin. The main products exported from Iceland to Benin were Air Conditioners ($350k), Pasta ($181k), and Used Clothing ($62.6k). During the last 5 years the exports of Iceland to Benin have decreased at an annualized rate of 13.7%, from $1.35M in 2022 to $649k in 2017.

Exports from Benin () to Iceland () (2022)

Exports from Iceland () to Benin () (2022)

Latest Data

Trade between Benin () and Iceland ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Iceland
Top DestinationNetherlands$1.97B

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

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

In 2022, countries that imported more from Iceland than Benin included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

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

Comparative Advantage Benin - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Iceland had a large net trade with Benin in the exports of Machines ($350k), Foodstuffs ($181k), and Textiles ($62.6k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Iceland () (2022)

Exports from Iceland () to Benin () (2022)

Latest Data

Trade between Benin () and Iceland ()

Iceland Exports

Market Competitiveness

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

Comparative Advantage Benin - Iceland

Economic Complexity

Competitive Landscape

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

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