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Pricing

2022
Flag → Flag
Exports $25.2MRnk 127 / 215
2022
Flag → Flag
Top Product $14.8MCars
2022
Flag → Flag
Exports $4.25MRnk 26 / 128
2022
Flag → Flag
Top Product $3.88MSoybeans
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 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 $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Canada-Benin Trade: In 2022, Canada exported $25.2M to Benin. The main products that Canada exported to Benin were Cars ($14.8M), Poultry Meat ($4.3M), and Used Clothing ($2.99M). Over the past 5 years the exports of Canada to Benin have increased at an annualized rate of 3.8%, from $20.9M in 2017 to $25.2M in 2022.

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

Benin-Canada Trade: In 2022, Benin exported $4.25M to Canada. The main products that Benin exported to Canada were Soybeans ($3.88M), Aircraft Parts ($191k), and Coconuts, Brazil Nuts, and Cashews ($71.2k). Over the past 5 years the exports of Benin to Canada have increased at an annualized rate of 53.7%,  from $322k in 2017 to $4.25M in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$3.19M and imported C$575k from Benin, resulting in a positive trade balance of C$2.61M. Between August 2023 and August 2024 the exports of Canada have increased by C$853k (36.5%) from C$2.34M to C$3.19M, while imports increased by C$252k (78%) from C$323k to C$575k.

Trade In August 2024, the top exports of Canada to Benin were Cars (C$1.42M), Used Clothing (C$289k), Poultry Meat (C$247k), Travel Kits (C$168k), and Packing Bags (C$17.8k). In August 2024 the top imports of Canada from Benin were Coconuts, Brazil Nuts, and Cashews (C$32.7k), Tapioca (C$7.34k), Video and Card Games (C$374), Tea (C$60), and Non-Knit Active Wear (C$34).

Origins In August 2024 the exports of Canada were mainly from Quebec (C$1.48M), Ontario (C$1.18M), British Columbia (C$354k), Nova Scotia (C$95.2k), and Alberta (C$70.7k), while imports destinations were mainly Ontario (C$572k), Quebec (C$2.53k), British Columbia (C$79), and Alberta (C$33).

Growth In August 2024, the increase in Canada's year-by-year exports to Benin was explained primarily by an increase in product exports in Cars (C$305k or 27.3%), Poultry Meat (C$88.5k or 55.9%), and Used Clothing (C$13.1k or 4.76%). In August 2024, the increase in Canada's year-by-year imports  from Benin was explained primarily by an increase in product imports  in Coconuts, Brazil Nuts, and Cashews (C$27.4k or 518%), Soap (C$24 or 800%), and Other Edible Preparations (C$12 or 133%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$853k(36.5%)
IMPORT GROWTH (August 2023 - August 2024)C$252k(78%)
MAIN EXPORTER (August 2024)QuebecC$1.48M

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

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

For full datasets download visit Bulk Download page.

Explore Benin and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $25.2M to Benin. The main products exported from Canada to Benin were Cars ($14.8M), Poultry Meat ($4.3M), and Used Clothing ($2.99M). During the last 5 years the exports of Canada to Benin have increased at an annualized rate of 3.8%, from $20.9M in 2017 to $25.2M in 2022.

In 2017, Benin exported $4.25M to Canada. The main products exported from Benin to Canada were Soybeans ($3.88M), Aircraft Parts ($191k), and Coconuts, Brazil Nuts, and Cashews ($71.2k). During the last 5 years the exports of Benin to Canada have increased at an annualized rate of 53.7%, from $322k in 2022 to $4.25M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Canada than Benin included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Benin than Canada included Chad ($28M), Niger ($16.9M), and Mauritius ($8.3M).

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

Comparative Advantage Canada - Benin

Flow
Scale

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

During 2022, Canada had a large net trade with Benin in the exports of Transportation ($15.4M), Animal Products ($4.6M), and Textiles ($3.28M).

During 2017, Benin had a large net trade with Canada in the exports of Vegetable Products ($3.96M), Transportation ($210k), and Foodstuffs ($40.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Benin+$9.08MCars
Top Product Potential Benin Canada+$2.83MSoybeans

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

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

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