2023
Flag  
GDP
$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH
57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC 
$1,394CURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 104 / 195
2023
Flag
GDP PC
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Benin-Portugal Trade: In 2023, Benin exported $1.51M to Portugal. The main products that Benin exported to Portugal were Raw Cotton ($1.41M), Fuel Wood ($62.7k), and Recovered Paper ($15.8k). Over the past 5 years the exports of Benin to Portugal have decreased at an annualized rate of 16%, from $3.61M in 2018 to $1.51M in 2023.

In 2023, Benin did not export any services to Portugal.

Portugal-Benin Trade: In 2023, Portugal exported $17.6M to Benin. The main products that Portugal exported to Benin were Poultry Meat ($4M), Iron Structures ($3.19M), and Insulated Wire ($1.84M). Over the past 5 years the exports of Portugal to Benin have increased at an annualized rate of 24%,  from $6.01M in 2018 to $17.6M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Latest Data

Trade between Benin (Flag) and Portugal (Flag)

Benin Exports

Portugal Exports

Market Competitiveness

Color
Benin
Top Destination
United Arab Emirates$803M
Portugal
Top Destination
Spain$17.7B

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

In 2023, countries that imported more from Benin than Portugal included United Arab Emirates ($803M), Bangladesh ($391M), and Togo ($53.9M).

In 2023, countries that imported more from Portugal than Benin included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

Difference in imports from Portugal (Flag) and Benin (Flag) (2023)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Portugal+$1.27MRaw Cotton
Top Product Potential Portugal Benin+$765kIron Structures

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

Product Space of Benin (Flag) and Portugal (Flag) (NaN)

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