Switzerland (CHE) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Switzerland-Benin Trade: In 2022, Switzerland exported $65.7M to Benin. The main products that Switzerland exported to Benin were Hot-Rolled Iron Bars ($12.2M), Malt ($6.37M), and Glass Bottles ($4.49M). Over the past 5 years the exports of Switzerland to Benin have increased at an annualized rate of 32.4%, from $16.1M in 2017 to $65.7M in 2022.

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

Benin-Switzerland Trade: In 2022, Benin exported $1M to Switzerland. The main products that Benin exported to Switzerland were Other Pure Vegetable Oils ($299k), Plastic Lids ($181k), and Packing Bags ($154k). Over the past 5 years the exports of Benin to Switzerland have decreased at an annualized rate of 34.6%, from $8.4M in 2017 to $1M in 2022.

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

Comparison: In 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). 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, Switzerland exported $65.7M to Benin. The main products exported from Switzerland to Benin were Hot-Rolled Iron Bars ($12.2M), Malt ($6.37M), and Glass Bottles ($4.49M). During the last 5 years the exports of Switzerland to Benin have increased at an annualized rate of 32.4%, from $16.1M in 2017 to $65.7M in 2022.

In 2017, Benin exported $1M to Switzerland. The main products exported from Benin to Switzerland were Other Pure Vegetable Oils ($299k), Plastic Lids ($181k), and Packing Bags ($154k). During the last 5 years the exports of Benin to Switzerland have decreased at an annualized rate of 34.6%, from $8.4M in 2022 to $1M in 2017.

Exports from Switzerland () to Benin () (2022)

Exports from Benin () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Benin ()

Switzerland Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Switzerland than Benin included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Benin than Switzerland included Bangladesh ($406M), Chad ($28M), and Togo ($35.9M).

Difference in imports from Benin () and Switzerland () (2022)

Comparative Advantage Switzerland - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Benin in the exports of Metals ($20.5M), Vegetable Products ($8.81M), and Chemical Products ($6.82M).

During 2017, Benin had a large net trade with Switzerland in the exports of Animal and Vegetable Bi-Products ($299k), Textiles ($216k), and Plastics and Rubbers ($189k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Benin+$2.83MPackaged Medicaments

Top Product Potential Benin Switzerland+$214kPlastic Lids

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

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Benin () (2022)

Exports from Benin () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Benin ()

Switzerland Exports

Benin Exports

Market Competitiveness

Difference in imports from Benin () and Switzerland () (2022)

Comparative Advantage Switzerland - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Benin () (2022)

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