2022
Flag  
GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
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GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Benin-Mexico Trade: In 2018, Benin exported $900 to Mexico. The main products that Benin exported to Mexico were N/A. Over the past 7 years the exports of Benin to Mexico have decreased at an annualized rate of 77%, from $26.6M in 2011 to $900 in 2018.

In 2018, Benin did not export any services to Mexico.

Mexico-Benin Trade: In 2018, Mexico exported $2.41M to Benin. The main products that Mexico exported to Benin were Non-fillet Frozen Fish ($1.01M), Cars ($592k), and Poultry Meat ($319k). Over the past 7 years the exports of Mexico to Benin have increased at an annualized rate of 58.1%,  from $245k in 2011 to $2.41M in 2018.

In 2018, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Benin exported $900 to Mexico. There were not main exports from Benin to Mexico in 2018. During the last 7 years the exports of Benin to Mexico have decreased at an annualized rate of 77%, from $26.6M in 2011 to $900 in 2018.

In 2017, Mexico exported $2.41M to Benin. The main products exported from Mexico to Benin were Non-fillet Frozen Fish ($1.01M), Cars ($592k), and Poultry Meat ($319k). During the last 5 years the exports of Mexico to Benin have increased at an annualized rate of 58.1%, from $245k in 2022 to $2.41M in 2017.

Exports from Benin (Flag) to Mexico (Flag) (2022)

Exports from Mexico (Flag) to Benin (Flag) (2022)

Latest Data

Trade between Benin (Flag) and Mexico (Flag)

Benin Exports

Mexico Exports

Market Competitiveness

Color
Benin
Top Destination
India$448M
Mexico
Top Destination
United States$421B

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

In 2022, countries that imported more from Benin than Mexico included Bangladesh ($406M), Togo ($35.9M), and Chad ($28M).

In 2022, countries that imported more from Mexico than Benin included United States ($421B), Canada ($22.2B), and China ($12.7B).

Difference in imports from Mexico (Flag) and Benin (Flag) (2022)

Comparative Advantage Benin - Mexico

Flow
Scale

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

During 2018, Benin had a large net trade with Mexico in the exports of .

During 2017, Mexico had a large net trade with Benin in the exports of Animal Products ($1.44M), Transportation ($592k), and Chemical Products ($218k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Mexico+$5.49kSoybeans
Top Product Potential Mexico Benin+$2.04MCars

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

Product Space of Benin (Flag) and Mexico (Flag) (2022)

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