2023
Flag  
GDP
$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH
57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC 
$1,394CURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 104 / 195

About

Benin-North Korea Trade: In 2021, Benin exported $366 to North Korea. The main products that Benin exported to North Korea were N/A. Over the past 6 years the exports of Benin to North Korea have decreased at an annualized rate of 77.1%, from $2.57M in 2015 to $366 in 2021.

In 2021, Benin did not export any services to North Korea.

North Korea-Benin Trade: In 2021, North Korea exported $151k to Benin. The main products that North Korea exported to Benin were Non-fillet Frozen Fish ($86.1k), Used Clothing ($48.9k), and Cars ($8.01k). Over the past 6 years the exports of North Korea to Benin have decreased at an annualized rate of 43.8%,  from $2.7M in 2015 to $151k in 2021.

In 2021, North Korea did not export any services to Benin.

Comparison In 2023,  Benin ranked 83 in the Economic Complexity Index (ECI -0.43),  and 146 in total exports ($1.93B). That same year, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Benin exported $366 to North Korea. There were not main exports from Benin to North Korea in 2021. During the last 6 years the exports of Benin to North Korea have decreased at an annualized rate of 77.1%, from $2.57M in 2015 to $366 in 2021.

In 2018, North Korea exported $151k to Benin. The main products exported from North Korea to Benin were Non-fillet Frozen Fish ($86.1k), Used Clothing ($48.9k), and Cars ($8.01k). During the last 5 years the exports of North Korea to Benin have decreased at an annualized rate of 43.8%, from $2.7M in 2023 to $151k in 2018.

Exports from Benin (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Benin (Flag) (2023)

Latest Data

Trade between Benin (Flag) and North Korea (Flag)

Benin Exports

Market Competitiveness

Color
Benin
Top Destination
United Arab Emirates$803M
North Korea
Top Destination
China$292M

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

In 2023, countries that imported more from Benin than North Korea included United Arab Emirates ($803M), Bangladesh ($391M), and India ($216M).

In 2023, countries that imported more from North Korea than Benin included China ($292M), Austria ($10.1M), and Angola ($10.2M).

Difference in imports from North Korea (Flag) and Benin (Flag) (2023)

Comparative Advantage Benin - North Korea

Flow
Scale

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

During 2021, Benin had a large net trade with North Korea in the exports of .

During 2018, North Korea had a large net trade with Benin in the exports of Animal Products ($86.1k), Textiles ($48.9k), and Transportation ($8.01k).

Economic Complexity

Competitive Landscape

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

Product Space of Benin (Flag) and North Korea (Flag) (2023)

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