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Pricing

2023
Flag → Flag
Exports $343kRnk 55 / 120
2023
Flag → Flag
Top Product $343kCoconuts, Brazil Nuts, and Cashews
2023
Flag → Flag
Exports $366Rnk N/A / N/A

About

Benin-Romania Trade: In 2023, Benin exported $343k to Romania. The main products that Benin exported to Romania were Coconuts, Brazil Nuts, and Cashews ($343k). Over the past 6 years the exports of Benin to Romania have increased at an annualized rate of 69.6%, from $14.4k in 2017 to $343k in 2023.

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

Romania-Benin In N/A, Romania did not export any products to Benin.

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

Comparison In N/A,  Benin ranked 146 in total exports ($1.93B). That same year, Romania ranked 41 in total exports ($104B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Benin exported $343k to Romania. The main products exported from Benin to Romania were Coconuts, Brazil Nuts, and Cashews ($343k). During the last 6 years the exports of Benin to Romania have increased at an annualized rate of 69.6%, from $14.4k in 2017 to $343k in 2023.

Romania does not register exports to Benin.

Exports from Benin (Flag) to Romania (Flag) (2023)

Exports from Romania (Flag) to Benin (Flag) (2023)

Comparative Advantage Benin - Romania

Flow
Scale

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

During 2023, Benin had a large net trade with Romania in the exports of Vegetable Products ($343k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Romania+$3.39kRefined Petroleum
Top Product Potential Romania Benin+N/AN/A

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

Product Space of Benin (Flag) and Romania (Flag) (2023)

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