Benin (BEN) and Chad (TCD) Trade | The Observatory of Economic Complexity

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Benin-Chad Trade: In 2023, Benin exported $36.7M to Chad. The main products that Benin exported to Chad were Raw Iron Bars ($19M), Hot-Rolled Iron Bars ($15.2M), and Iron Blocks ($1.06M). Over the past 5 years the exports of Benin to Chad have increased at an annualized rate of 61.9%, from $3.3M in 2018 to $36.7M in 2023.

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

Chad-Benin Trade: In 2023, Chad exported $56.8k to Benin. The main products that Chad exported to Benin were Large Construction Vehicles ($40.4k), Trailers and semi-trailers, not mechanically propelled vehicles ($12.7k), and Tractors ($3.17k). Over the past 5 years the exports of Chad to Benin have increased at an annualized rate of 131%, from $867 in 2018 to $56.8k in 2023.

In 2023, Chad 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, Chad ranked 132 in the Economic Complexity Index (ECI -2.41), and 132 in total exports ($4.36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Benin exported $36.7M to Chad. The main products exported from Benin to Chad were Raw Iron Bars ($19M), Hot-Rolled Iron Bars ($15.2M), and Iron Blocks ($1.06M). During the last 5 years the exports of Benin to Chad have increased at an annualized rate of 61.9%, from $3.3M in 2018 to $36.7M in 2023.

In 2018, Chad exported $56.8k to Benin. The main products exported from Chad to Benin were Large Construction Vehicles ($40.4k), Trailers and semi-trailers, not mechanically propelled vehicles ($12.7k), and Tractors ($3.17k). During the last 5 years the exports of Chad to Benin have increased at an annualized rate of 131%, from $867 in 2023 to $56.8k in 2018.

Exports from Benin () to Chad () (2023)

Exports from Chad () to Benin () (2023)

Latest Data

Trade between Benin () and Chad ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationUnited Arab Emirates$803M

Chad
Top DestinationUnited Arab Emirates$1.11B

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

In 2023, countries that imported more from Benin than Chad included Bangladesh ($391M), India ($216M), and Togo ($53.9M).

In 2023, countries that imported more from Chad than Benin included Germany ($747M), China ($823M), and Netherlands ($545M).

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

Comparative Advantage Benin - Chad

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Benin had a large net trade with Chad in the exports of Metals ($36.3M), Chemical Products ($341k), and Machines ($18.5k).

During 2018, Chad had a large net trade with Benin in the exports of Machines ($40.4k), Transportation ($15.8k), and Textiles ($492).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Chad+$6.78kPackaged Medicaments

Top Product Potential Chad Benin+$2.86kTractors

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Chad () (2023)

Exports from Chad () to Benin () (2023)

Latest Data

Trade between Benin () and Chad ()

Benin Exports

Market Competitiveness

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

Comparative Advantage Benin - Chad

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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