2022
Flag  
GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Benin-Netherlands Trade: In 2022, Benin exported $6.63M to Netherlands. The main products that Benin exported to Netherlands were Refined Petroleum ($2.41M), Cranes ($1.15M), and Other Pure Vegetable Oils ($1.04M). Over the past 5 years the exports of Benin to Netherlands have decreased at an annualized rate of 13.7%, from $13.8M in 2017 to $6.63M in 2022.

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

Netherlands-Benin Trade: In 2022, Netherlands exported $98.9M to Benin. The main products that Netherlands exported to Benin were Light Pure Woven Cotton ($28.8M), Poultry Meat ($15M), and Concentrated Milk ($6.83M). Over the past 5 years the exports of Netherlands to Benin have increased at an annualized rate of 0.026%,  from $98.8M in 2017 to $98.9M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Benin exported $6.63M to Netherlands. The main products exported from Benin to Netherlands were Refined Petroleum ($2.41M), Cranes ($1.15M), and Other Pure Vegetable Oils ($1.04M). During the last 5 years the exports of Benin to Netherlands have decreased at an annualized rate of 13.7%, from $13.8M in 2017 to $6.63M in 2022.

In 2017, Netherlands exported $98.9M to Benin. The main products exported from Netherlands to Benin were Light Pure Woven Cotton ($28.8M), Poultry Meat ($15M), and Concentrated Milk ($6.83M). During the last 5 years the exports of Netherlands to Benin have increased at an annualized rate of 0.026%, from $98.8M in 2022 to $98.9M in 2017.

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

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

Latest Data

Trade between Benin (Flag) and Netherlands (Flag)

Benin Exports

Netherlands Exports

Market Competitiveness

Color
Benin
Top Destination
India$448M
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Benin than Netherlands included Norfolk Island ($40.1k).

In 2022, countries that imported more from Netherlands than Benin included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Benin - Netherlands

Flow
Scale

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

During 2022, Benin had a large net trade with Netherlands in the exports of Mineral Products ($2.41M), Machines ($1.46M), and Animal and Vegetable Bi-Products ($1.04M).

During 2017, Netherlands had a large net trade with Benin in the exports of Textiles ($29.5M), Animal Products ($29.1M), and Machines ($10.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Netherlands+$799kSoybeans
Top Product Potential Netherlands Benin+$10MRefined Petroleum

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

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

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