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Pricing

2022
Flag → Flag
Exports $77.6MRnk 117 / 223
2022
Flag → Flag
Top Product $44.4MRaw Sugar
2022
Flag → Flag
Exports $80kRnk 68 / 128
2022
Flag → Flag
Top Product $78.8kOther Oily Seeds
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Brazil-Benin Trade: In 2022, Brazil exported $77.6M to Benin. The main products that Brazil exported to Benin were Raw Sugar ($44.4M), Poultry Meat ($22.5M), and Sausages ($2.9M). Over the past 5 years the exports of Brazil to Benin have decreased at an annualized rate of 11.2%, from $141M in 2017 to $77.6M in 2022.

In 2022, Brazil did not export any services to Benin.

Benin-Brazil Trade: In 2022, Benin exported $80k to Brazil. The main products that Benin exported to Brazil were Other Oily Seeds ($78.8k), Plastic Housewares ($801), and Engine Parts ($298). Over the past 5 years the exports of Benin to Brazil have increased at an annualized rate of 26%,  from $25.2k in 2017 to $80k in 2022.

In 2022, Benin did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $5.07M and imported $159k from Benin, resulting in a positive trade balance of $4.91M. Between October 2023 and October 2024 the exports of Brazil have increased by $1.58M (45.3%) from $3.49M to $5.07M, while imports increased by $50.4k (46.3%) from $109k to $159k.

Trade In October 2024, the top exports of Brazil to Benin were Raw Sugar ($4.26M), Poultry Meat ($2.47M), Vaccines, blood, antisera, toxins and cultures ($735k), Sausages ($254k), and Animal Organs ($164k). In October 2024 the top imports of Brazil from Benin were Other Iron Products ($31).

Origins In October 2024 the exports of Brazil were mainly from Minas Gerais ($2.21M), Paraná ($1.15M), Rio Grande do Sul ($803k), São Paulo ($464k), and Santa Catarina ($232k), while imports destinations were mainly Ceará ($116k) and Minas Gerais ($43k).

Growth In October 2024, the increase in Brazil's year-by-year exports to Benin was explained primarily by an increase in product exports in Poultry Meat ($2.11M or 586%), Raw Sugar ($988k or 30.2%), and Sausages ($189k or 292%). In October 2024, the increase in Brazil's year-by-year imports  from Benin was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$1.58M(45.3%)
IMPORT GROWTH (October 2023 - October 2024)$50.4k(46.3%)
MAIN EXPORTER (October 2024)Minas Gerais$2.21M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Benin and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Benin and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $77.6M to Benin. The main products exported from Brazil to Benin were Raw Sugar ($44.4M), Poultry Meat ($22.5M), and Sausages ($2.9M). During the last 5 years the exports of Brazil to Benin have decreased at an annualized rate of 11.2%, from $141M in 2017 to $77.6M in 2022.

In 2017, Benin exported $80k to Brazil. The main products exported from Benin to Brazil were Other Oily Seeds ($78.8k), Plastic Housewares ($801), and Engine Parts ($298). During the last 5 years the exports of Benin to Brazil have increased at an annualized rate of 26%, from $25.2k in 2022 to $80k in 2017.

Exports from Brazil (Flag) to Benin (Flag) (2022)

Exports from Benin (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Brazil than Benin included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Benin than Brazil included Chad ($28M), Niger ($16.9M), and Mali ($7.69M).

Difference in imports from Benin (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Benin

Flow
Scale

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

During 2022, Brazil had a large net trade with Benin in the exports of Foodstuffs ($47.7M), Animal Products ($23.6M), and Paper Goods ($1.76M).

During 2017, Benin had a large net trade with Brazil in the exports of Vegetable Products ($78.8k), Plastics and Rubbers ($801), and Machines ($298).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Benin+$5.51MPoultry Meat
Top Product Potential Benin Brazil+$149kOther Oily Seeds

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

Product Space of Brazil (Flag) and Benin (Flag) (2022)

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