2022
Flag  
GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 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
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Benin-Norway Trade: In 2022, Benin exported $44.2k to Norway. The main products that Benin exported to Norway were Refined Petroleum ($44.2k). Over the past 5 years the exports of Benin to Norway have increased at an annualized rate of 2.19%, from $39.6k in 2017 to $44.2k in 2022.

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

Norway-Benin Trade: In 2022, Norway exported $6.86M to Benin. The main products that Norway exported to Benin were Non-fillet Frozen Fish ($4.4M), Cars ($1.5M), and Delivery Trucks ($773k). Over the past 5 years the exports of Norway to Benin have increased at an annualized rate of 13.5%,  from $3.65M in 2017 to $6.86M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Benin exported $44.2k to Norway. The main products exported from Benin to Norway were Refined Petroleum ($44.2k). During the last 5 years the exports of Benin to Norway have increased at an annualized rate of 2.19%, from $39.6k in 2017 to $44.2k in 2022.

In 2017, Norway exported $6.86M to Benin. The main products exported from Norway to Benin were Non-fillet Frozen Fish ($4.4M), Cars ($1.5M), and Delivery Trucks ($773k). During the last 5 years the exports of Norway to Benin have increased at an annualized rate of 13.5%, from $3.65M in 2022 to $6.86M in 2017.

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

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

Latest Data

Trade between Benin (Flag) and Norway (Flag)

Benin Exports

Norway Exports

Market Competitiveness

Color
Benin
Top Destination
India$448M
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Benin than Norway included Bangladesh ($406M), Chad ($28M), and Niger ($16.9M).

In 2022, countries that imported more from Norway than Benin included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Benin - Norway

Flow
Scale

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

During 2022, Benin had a large net trade with Norway in the exports of Mineral Products ($44.2k).

During 2017, Norway had a large net trade with Benin in the exports of Animal Products ($4.4M), Transportation ($2.28M), and Mineral Products ($99.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Norway+$210kRefined Petroleum
Top Product Potential Norway Benin+$500kRefined 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 Norway. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Benin.

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

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