Cote d'Ivoire (CIV) and Benin (BEN) Trade | The Observatory of Economic Complexity

About

Cote d'Ivoire-Benin Trade: In 2023, Cote d'Ivoire exported $86.8M to Benin. The main products that Cote d'Ivoire exported to Benin were Pesticides ($25.1M), Plastic Pipes ($12M), and Coconut Oil ($7.24M). Over the past 5 years the exports of Cote d'Ivoire to Benin have increased at an annualized rate of 6.85%, from $62.3M in 2018 to $86.8M in 2023.

In 2023, Cote d'Ivoire did not export any services to Benin.

Benin-Cote d'Ivoire Trade: In 2023, Benin exported $18.3M to Cote d'Ivoire. The main products that Benin exported to Cote d'Ivoire were Light Pure Woven Cotton ($8.5M), Special Purpose Ships ($5.27M), and Iron Railway Products ($1.66M). Over the past 5 years the exports of Benin to Cote d'Ivoire have increased at an annualized rate of 8.42%, from $12.2M in 2018 to $18.3M in 2023.

In 2023, Benin did not export any services to Cote d'Ivoire.

Comparison: In 2023, Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08), and 76 in total exports ($22.3B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cote d'Ivoire exported $86.8M to Benin. The main products exported from Cote d'Ivoire to Benin were Pesticides ($25.1M), Plastic Pipes ($12M), and Coconut Oil ($7.24M). During the last 5 years the exports of Cote d'Ivoire to Benin have increased at an annualized rate of 6.85%, from $62.3M in 2018 to $86.8M in 2023.

In 2018, Benin exported $18.3M to Cote d'Ivoire. The main products exported from Benin to Cote d'Ivoire were Light Pure Woven Cotton ($8.5M), Special Purpose Ships ($5.27M), and Iron Railway Products ($1.66M). During the last 5 years the exports of Benin to Cote d'Ivoire have increased at an annualized rate of 8.42%, from $12.2M in 2023 to $18.3M in 2018.

Exports from Cote d'Ivoire () to Benin () (2023)

Exports from Benin () to Cote d'Ivoire () (2023)

Latest Data

Trade between Cote d'Ivoire () and Benin ()

Cote d'Ivoire Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cote d'Ivoire
Top DestinationSwitzerland$3.88B

Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Cote d'Ivoire than Benin included Switzerland ($3.88B), Netherlands ($1.99B), and Mali ($1.59B).

In 2023, countries that imported more from Benin than Cote d'Ivoire included United Arab Emirates ($803M), Bangladesh ($391M), and Chad ($36.7M).

Difference in imports from Benin () and Cote d'Ivoire () (2023)

Comparative Advantage Cote d'Ivoire - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Cote d'Ivoire and Benin by product, considering products traded by both, Cote d'Ivoire and Benin.

During 2023, Cote d'Ivoire had a large net trade with Benin in the exports of Chemical Products ($26.8M), Plastics and Rubbers ($14.8M), and Animal and Vegetable Bi-Products ($12.7M).

During 2018, Benin had a large net trade with Cote d'Ivoire in the exports of Textiles ($8.5M), Transportation ($6.01M), and Metals ($2.06M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cote d'Ivoire Benin+$2.34MRefined Petroleum

Top Product Potential Benin Cote d'Ivoire+$95.6kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Cote d'Ivoire () to Benin () (2023)

Exports from Benin () to Cote d'Ivoire () (2023)

Latest Data

Trade between Cote d'Ivoire () and Benin ()

Cote d'Ivoire Exports

Benin Exports

Market Competitiveness

Difference in imports from Benin () and Cote d'Ivoire () (2023)

Comparative Advantage Cote d'Ivoire - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cote d'Ivoire () and Benin () (2023)

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