2022
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GDP
$17.4BCURRENT US$
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2012-2022
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GDP GROWTH
56.2%CURRENT US$
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2022
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 GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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GDP PC 
$1,303CURRENT US$
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2012-2022
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GDP PC GROWTH
17.1%CURRENT US$
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2022
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GDP PC
$30,436CURRENT US$
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2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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About

Benin-Saudi Arabia Trade: In 2022, Benin exported $954k to Saudi Arabia. The main products that Benin exported to Saudi Arabia were Other Oily Seeds ($952k), Tropical Fruits ($1.92k), and Felt or Coated Fabric Garments ($397). Over the past 5 years the exports of Benin to Saudi Arabia have increased at an annualized rate of 461%, from $172 in 2017 to $954k in 2022.

In 2022, Benin did not export any services to Saudi Arabia.

Saudi Arabia-Benin Trade: In 2022, Saudi Arabia exported $87.1M to Benin. The main products that Saudi Arabia exported to Benin were Refined Petroleum ($85.1M), Cement ($1.7M), and Ethylene Polymers ($165k). Over the past 5 years the exports of Saudi Arabia to Benin have increased at an annualized rate of 89.3%,  from $3.58M in 2017 to $87.1M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Benin exported $954k to Saudi Arabia. The main products exported from Benin to Saudi Arabia were Other Oily Seeds ($952k), Tropical Fruits ($1.92k), and Felt or Coated Fabric Garments ($397). During the last 5 years the exports of Benin to Saudi Arabia have increased at an annualized rate of 461%, from $172 in 2017 to $954k in 2022.

In 2017, Saudi Arabia exported $87.1M to Benin. The main products exported from Saudi Arabia to Benin were Refined Petroleum ($85.1M), Cement ($1.7M), and Ethylene Polymers ($165k). During the last 5 years the exports of Saudi Arabia to Benin have increased at an annualized rate of 89.3%, from $3.58M in 2022 to $87.1M in 2017.

Exports from Benin (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Benin (Flag) (2022)

Latest Data

Trade between Benin (Flag) and Saudi Arabia (Flag)

Benin Exports

Saudi Arabia Exports

Market Competitiveness

Color
Benin
Top Destination
India$448M
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Benin than Saudi Arabia included Bangladesh ($406M), Chad ($28M), and Niger ($16.9M).

In 2022, countries that imported more from Saudi Arabia than Benin included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Benin (Flag) (2022)

Comparative Advantage Benin - Saudi Arabia

Flow
Scale

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

During 2022, Benin had a large net trade with Saudi Arabia in the exports of Vegetable Products ($954k) and Textiles ($397).

During 2017, Saudi Arabia had a large net trade with Benin in the exports of Mineral Products ($86.8M), Plastics and Rubbers ($192k), and Vegetable Products ($76.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Saudi Arabia+$406kOther Oily Seeds
Top Product Potential Saudi Arabia Benin+$991kRefined 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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Economic Complexity

Competitive Landscape

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

Product Space of Benin (Flag) and Saudi Arabia (Flag) (2022)

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