2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186

About

Chile-Benin Trade: In 2022, Chile exported $1.13M to Benin. The main products that Chile exported to Benin were Non-fillet Frozen Fish ($1.01M), Animal Organs ($43.9k), and Poultry Meat ($39.1k). Over the past 5 years the exports of Chile to Benin have increased at an annualized rate of 7.48%, from $789k in 2017 to $1.13M in 2022.

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

Benin-Chile Trade: In 2022, Benin exported $78 to Chile. The main products that Benin exported to Chile were Integrated Circuits ($78). Over the past 5 years the exports of Benin to Chile have decreased at an annualized rate of 78%,  from $153k in 2017 to $78 in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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
Value

In 2022, Chile exported $1.13M to Benin. The main products exported from Chile to Benin were Non-fillet Frozen Fish ($1.01M), Animal Organs ($43.9k), and Poultry Meat ($39.1k). During the last 5 years the exports of Chile to Benin have increased at an annualized rate of 8.49%, from $23.9M in 2017 to $1.13M in 2022.

In 2017, Benin exported $78 to Chile. The main products exported from Benin to Chile were Integrated Circuits ($78). During the last 5 years the exports of Benin to Chile have decreased at an annualized rate of 45.3%, from $5.86M in 2022 to $78 in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Benin
Top Destination
India$448M

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

In 2022, countries that imported more from Chile than Benin included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Benin than Chile included Bangladesh ($406M), United Arab Emirates ($382M), and Togo ($35.9M).

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

Comparative Advantage Chile - Benin

Flow
Scale

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

During 2022, Chile had a large net trade with Benin in the exports of Animal Products ($1.1M), Mineral Products ($27.8k), and Textiles ($8.32k).

During 2017, Benin had a large net trade with Chile in the exports of Machines ($78).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Benin+$877kNon-fillet Frozen Fish
Top Product Potential Benin Chile+$4.09kRefined 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

This visualization shows the product space at the HS4 level with the flags of Chile and Benin. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Chile.

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

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