Benin (BEN) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Benin-Russia Trade: In 2023, Benin exported $149k to Russia. The main products that Benin exported to Russia were Other Oily Seeds ($89.2k), Refined Petroleum ($48.4k), and Tropical Fruits ($7.1k). Over the past 5 years the exports of Benin to Russia have decreased at an annualized rate of 37%, from $1.51M in 2018 to $149k in 2023.

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

Russia-Benin Trade: In 2023, Russia exported $70.8M to Benin. The main products that Russia exported to Benin were Refined Petroleum ($54.3M), Coal Briquettes ($8.69M), and Poultry Meat ($6.9M). Over the past 5 years the exports of Russia to Benin have increased at an annualized rate of 21.7%, from $26.5M in 2018 to $70.8M in 2023.

In 2020, Russia exported services to Benin worth $906k, with Other business services ($856k), Financial services ($20k), and Transportation ($15k) being the largest in terms of value.

Comparison: In 2023, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Benin exported $149k to Russia. The main products exported from Benin to Russia were Other Oily Seeds ($89.2k), Refined Petroleum ($48.4k), and Tropical Fruits ($7.1k). During the last 5 years the exports of Benin to Russia have decreased at an annualized rate of 37%, from $1.51M in 2018 to $149k in 2023.

In 2018, Russia exported $70.8M to Benin. The main products exported from Russia to Benin were Refined Petroleum ($54.3M), Coal Briquettes ($8.69M), and Poultry Meat ($6.9M). During the last 5 years the exports of Russia to Benin have increased at an annualized rate of 21.7%, from $26.5M in 2023 to $70.8M in 2018.

Exports from Benin () to Russia () (2023)

Exports from Russia () to Benin () (2023)

Latest Data

Trade between Benin () and Russia ()

Benin Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationUnited Arab Emirates$803M

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Benin than Russia included Bangladesh ($391M), Togo ($53.9M), and Chad ($36.7M).

In 2023, countries that imported more from Russia than Benin included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Benin () (2023)

Comparative Advantage Benin - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Benin had a large net trade with Russia in the exports of Vegetable Products ($96.5k), Mineral Products ($48.4k), and Animal Products ($3.73k).

During 2018, Russia had a large net trade with Benin in the exports of Mineral Products ($63M), Animal Products ($7.19M), and Vegetable Products ($512k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Russia+$434kOther Oily Seeds

Top Product Potential Russia Benin+$8.74MRefined Petroleum

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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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Benin worth $906k, with Other business services ($856k), Financial services ($20k), and Transportation ($15k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Benin () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Russia () (2023)

Exports from Russia () to Benin () (2023)

Latest Data

Trade between Benin () and Russia ()

Benin Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Benin () (2023)

Comparative Advantage Benin - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Benin () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Benin () and Russia () (2023)

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