Benin (BEN) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Benin-Saudi Arabia Trade: In 2023, Benin exported $4.54M to Saudi Arabia. The main products that Benin exported to Saudi Arabia were Other Oily Seeds ($3.7M), Refined Petroleum ($736k), and Coconuts, Brazil Nuts, and Cashews ($96.2k). Over the past 5 years the exports of Benin to Saudi Arabia have increased at an annualized rate of 123%, from $81.4k in 2018 to $4.54M in 2023.

In 2023, Benin did not export any services to Saudi Arabia.

Saudi Arabia-Benin Trade: In 2023, Saudi Arabia exported $13M to Benin. The main products that Saudi Arabia exported to Benin were Refined Petroleum ($7.78M), Cars ($1.89M), and Cement ($1.17M). Over the past 5 years the exports of Saudi Arabia to Benin have increased at an annualized rate of 43.4%, from $2.15M in 2018 to $13M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Benin exported $4.54M to Saudi Arabia. The main products exported from Benin to Saudi Arabia were Other Oily Seeds ($3.7M), Refined Petroleum ($736k), and Coconuts, Brazil Nuts, and Cashews ($96.2k). During the last 5 years the exports of Benin to Saudi Arabia have increased at an annualized rate of 123%, from $81.4k in 2018 to $4.54M in 2023.

In 2018, Saudi Arabia exported $13M to Benin. The main products exported from Saudi Arabia to Benin were Refined Petroleum ($7.78M), Cars ($1.89M), and Cement ($1.17M). During the last 5 years the exports of Saudi Arabia to Benin have increased at an annualized rate of 43.4%, from $2.15M in 2023 to $13M in 2018.

Exports from Benin () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Benin () (2023)

Latest Data

Trade between Benin () and Saudi Arabia ()

Benin Exports

Date

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationUnited Arab Emirates$803M

Saudi Arabia
Top DestinationChina$64.4B

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 2023, countries that imported more from Benin than Saudi Arabia included Chad ($36.7M), Niger ($15.4M), and Mali ($4.67M).

In 2023, countries that imported more from Saudi Arabia than Benin included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia () and Benin () (2023)

Comparative Advantage Benin - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Benin had a large net trade with Saudi Arabia in the exports of Vegetable Products ($3.8M), Mineral Products ($736k), and Chemical Products ($3.94k).

During 2018, Saudi Arabia had a large net trade with Benin in the exports of Mineral Products ($8.95M), Transportation ($1.96M), and Plastics and Rubbers ($965k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Benin () (2023)

Latest Data

Trade between Benin () and Saudi Arabia ()

Benin Exports

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Benin () (2023)

Comparative Advantage Benin - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Benin () and Saudi Arabia () (2023)

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