Benin (BEN) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Benin-New Zealand Trade: In 2022, Benin exported $79 to New Zealand. The main products that Benin exported to New Zealand were Other Measuring Instruments ($79). Over the past 5 years the exports of Benin to New Zealand have decreased at an annualized rate of 38.2%, from $875 in 2017 to $79 in 2022.

In 2022, Benin did not export any services to New Zealand.

New Zealand-Benin Trade: In 2022, New Zealand exported $766k to Benin. The main products that New Zealand exported to Benin were Non-fillet Frozen Fish ($582k), Malt Extract ($169k), and Cars ($4.92k). Over the past 5 years the exports of New Zealand to Benin have decreased at an annualized rate of 6.43%, from $1.07M in 2017 to $766k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $79 to New Zealand. The main products exported from Benin to New Zealand were Other Measuring Instruments ($79). During the last 5 years the exports of Benin to New Zealand have decreased at an annualized rate of 38.2%, from $875 in 2017 to $79 in 2022.

In 2017, New Zealand exported $766k to Benin. The main products exported from New Zealand to Benin were Non-fillet Frozen Fish ($582k), Malt Extract ($169k), and Cars ($4.92k). During the last 5 years the exports of New Zealand to Benin have decreased at an annualized rate of 6.43%, from $1.07M in 2022 to $766k in 2017.

Exports from Benin () to New Zealand () (2022)

Exports from New Zealand () to Benin () (2022)

Latest Data

Trade between Benin () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Benin than New Zealand included India ($448M), Togo ($35.9M), and Chad ($28M).

In 2022, countries that imported more from New Zealand than Benin included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Benin () (2022)

Comparative Advantage Benin - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with New Zealand in the exports of Instruments ($79).

During 2017, New Zealand had a large net trade with Benin in the exports of Animal Products ($582k), Foodstuffs ($169k), and Instruments ($8.65k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin New Zealand+$3.11kRefined Petroleum

Top Product Potential New Zealand Benin+$230kMalt Extract

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to New Zealand () (2022)

Exports from New Zealand () to Benin () (2022)

Latest Data

Trade between Benin () and New Zealand ()

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Benin () (2022)

Comparative Advantage Benin - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Benin () and New Zealand () (2022)

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