Burkina Faso (BFA) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Burkina Faso-Benin Trade: In 2022, Burkina Faso exported $11.7M to Benin. The main products that Burkina Faso exported to Benin were Raw Iron Bars ($7.05M), Large Construction Vehicles ($510k), and Other Iron Bars ($420k). Over the past 5 years the exports of Burkina Faso to Benin have increased at an annualized rate of 41.3%, from $2.08M in 2017 to $11.7M in 2022.

In 2022, Burkina Faso did not export any services to Benin.

Benin-Burkina Faso Trade: In 2022, Benin exported $9.13M to Burkina Faso. The main products that Benin exported to Burkina Faso were Other Oily Seeds ($5.19M), Other Vegetable Residues ($608k), and Packaged Medicaments ($531k). Over the past 5 years the exports of Benin to Burkina Faso have decreased at an annualized rate of 2.46%, from $10.3M in 2017 to $9.13M in 2022.

In 2022, Benin did not export any services to Burkina Faso.

Comparison: In 2022, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Burkina Faso exported $11.7M to Benin. The main products exported from Burkina Faso to Benin were Raw Iron Bars ($7.05M), Large Construction Vehicles ($510k), and Other Iron Bars ($420k). During the last 5 years the exports of Burkina Faso to Benin have increased at an annualized rate of 41.3%, from $2.08M in 2017 to $11.7M in 2022.

In 2017, Benin exported $9.13M to Burkina Faso. The main products exported from Benin to Burkina Faso were Other Oily Seeds ($5.19M), Other Vegetable Residues ($608k), and Packaged Medicaments ($531k). During the last 5 years the exports of Benin to Burkina Faso have decreased at an annualized rate of 2.46%, from $10.3M in 2022 to $9.13M in 2017.

Exports from Burkina Faso () to Benin () (2022)

Exports from Benin () to Burkina Faso () (2022)

Latest Data

Trade between Burkina Faso () and Benin ()

Burkina Faso Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burkina Faso
Top DestinationSwitzerland$6.08B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Burkina Faso than Benin included Switzerland ($6.08B), Mali ($304M), and Singapore ($173M).

In 2022, countries that imported more from Benin than Burkina Faso included Bangladesh ($406M), India ($448M), and Egypt ($41.7M).

Difference in imports from Benin () and Burkina Faso () (2022)

Comparative Advantage Burkina Faso - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Burkina Faso had a large net trade with Benin in the exports of Metals ($8.28M), Machines ($1.24M), and Transportation ($724k).

During 2017, Benin had a large net trade with Burkina Faso in the exports of Vegetable Products ($5.24M), Foodstuffs ($1.27M), and Chemical Products ($1.04M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Burkina Faso Benin+$312kDelivery Trucks

Top Product Potential Benin Burkina Faso+$751kRefined 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 Burkina Faso and Benin. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Burkina Faso.

About

Historical Data

Bilateral Trade by Products

Exports from Burkina Faso () to Benin () (2022)

Exports from Benin () to Burkina Faso () (2022)

Latest Data

Trade between Burkina Faso () and Benin ()

Burkina Faso Exports

Benin Exports

Market Competitiveness

Difference in imports from Benin () and Burkina Faso () (2022)

Comparative Advantage Burkina Faso - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burkina Faso () and Benin () (2022)

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