Benin (BEN) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Benin-Romania Trade: In 2021, Benin exported $77.4k to Romania. The main products that Benin exported to Romania were N/A. Over the past 5 years the exports of Benin to Romania have increased at an annualized rate of 137%, from $1.04k in 2016 to $77.4k in 2021.

In 2021, Benin did not export any services to Romania.

Romania-Benin Trade: In 2021, Romania exported $1.32M to Benin. The main products that Romania exported to Benin were Cars ($362k), Used Clothing ($297k), and Refined Petroleum ($226k). Over the past 5 years the exports of Romania to Benin have decreased at an annualized rate of 7.65%, from $2.7M in 2016 to $1.32M in 2021.

In 2021, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Benin exported $77.4k to Romania. There were not main exports from Benin to Romania in 2021. During the last 5 years the exports of Benin to Romania have increased at an annualized rate of 137%, from $1.04k in 2016 to $77.4k in 2021.

In 2017, Romania exported $1.32M to Benin. The main products exported from Romania to Benin were Cars ($362k), Used Clothing ($297k), and Refined Petroleum ($226k). During the last 5 years the exports of Romania to Benin have decreased at an annualized rate of 7.65%, from $2.7M in 2022 to $1.32M in 2017.

Exports from Benin () to Romania () (2022)

Exports from Romania () to Benin () (2022)

Latest Data

Trade between Benin () and Romania ()

Benin Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Benin than Romania included Bangladesh ($406M), India ($448M), and Togo ($35.9M).

In 2022, countries that imported more from Romania than Benin included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

Difference in imports from Romania () and Benin () (2022)

Comparative Advantage Benin - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Romania had a large net trade with Benin in the exports of Transportation ($362k), Textiles ($297k), and Mineral Products ($226k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Romania+$3.39kRefined Petroleum

Top Product Potential Romania Benin+$1.03MCars

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 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.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Romania () (2022)

Exports from Romania () to Benin () (2022)

Latest Data

Trade between Benin () and Romania ()

Benin Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Benin () (2022)

Comparative Advantage Benin - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Benin () and Romania () (2022)

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