2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 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 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 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

Denmark-Benin Trade: In 2022, Denmark exported $12.5M to Benin. The main products that Denmark exported to Benin were Electric Generating Sets ($1.34M), Vaccines, blood, antisera, toxins and cultures ($1.25M), and Excavation Machinery ($1.12M). Over the past 5 years the exports of Denmark to Benin have increased at an annualized rate of 5.52%, from $9.59M in 2017 to $12.5M in 2022.

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

Benin-Denmark Trade: In 2022, Benin exported $11.1M to Denmark. The main products that Benin exported to Denmark were Other Oily Seeds ($11M), Gas and Liquid Flow Measuring Instruments ($66.2k), and Other Vegetable Products ($7.02k). Over the past 5 years the exports of Benin to Denmark have decreased at an annualized rate of 7.62%,  from $22.6M in 2017 to $11.1M in 2022.

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

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). 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, Denmark exported $12.5M to Benin. The main products exported from Denmark to Benin were Electric Generating Sets ($1.34M), Vaccines, blood, antisera, toxins and cultures ($1.25M), and Excavation Machinery ($1.12M). During the last 5 years the exports of Denmark to Benin have increased at an annualized rate of 5.52%, from $9.59M in 2017 to $12.5M in 2022.

In 2017, Benin exported $11.1M to Denmark. The main products exported from Benin to Denmark were Other Oily Seeds ($11M), Gas and Liquid Flow Measuring Instruments ($66.2k), and Other Vegetable Products ($7.02k). During the last 5 years the exports of Benin to Denmark have decreased at an annualized rate of 7.62%, from $22.6M in 2022 to $11.1M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Benin (Flag)

Denmark Exports

Benin Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Benin
Top Destination
India$448M

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

In 2022, countries that imported more from Denmark than Benin included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

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

Comparative Advantage Denmark - Benin

Flow
Scale

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

During 2022, Denmark had a large net trade with Benin in the exports of Machines ($6.53M), Animal Products ($2.08M), and Chemical Products ($1.52M).

During 2017, Benin had a large net trade with Denmark in the exports of Vegetable Products ($11M), Instruments ($66.2k), and Machines ($3.89k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Benin+$1.84MRefined Petroleum
Top Product Potential Benin Denmark+$27.3kGas and Liquid Flow Measuring Instruments

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

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

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