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Pricing

2022
Flag → Flag
Exports $2.3MRnk 104 / 170
2022
Flag → Flag
Top Product $2.29MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $5.4kRnk 27 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 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 $6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Ecuador-Benin Trade: In 2022, Ecuador exported $2.3M to Benin. The main products that Ecuador exported to Benin were Non-fillet Frozen Fish ($2.29M), Used Clothing ($4.67k), and Broadcasting Equipment ($179). Over the past 7 years the exports of Ecuador to Benin have increased at an annualized rate of 29.9%, from $369k in 2015 to $2.3M in 2022.

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

Benin-Ecuador Trade: In 2022, Benin exported $5.4k to Ecuador. The main products that Benin exported to Ecuador were N/A. Over the past 7 years the exports of Benin to Ecuador have decreased at an annualized rate of 36.1%,  from $304k in 2015 to $5.4k in 2022.

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

Comparison: In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Latest Trends

N/A

About

Overview In N/A, Ecuador exported $N/A and imported $N/A from Benin, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Ecuador have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Ecuador to Benin were . In N/A the top imports of Ecuador from Benin were .

Origins In N/A the exports of Ecuador were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in Ecuador's year-by-year exports to Benin was explained primarily by an decrease in product exports in . In N/A, the N/A in Ecuador's year-by-year imports  from Benin was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

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

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

For full datasets download visit Bulk Download page.

Explore Benin and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $2.3M to Benin. The main products exported from Ecuador to Benin were Non-fillet Frozen Fish ($2.29M), Used Clothing ($4.67k), and Broadcasting Equipment ($179). During the last 7 years the exports of Ecuador to Benin have increased at an annualized rate of 29.9%, from $369k in 2015 to $2.3M in 2022.

In 2013, Benin exported $5.4k to Ecuador. There were not main exports from Benin to Ecuador in 2013. During the last 5 years the exports of Benin to Ecuador have decreased at an annualized rate of 36.1%, from $304k in 2018 to $5.4k in 2013.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Ecuador than Benin included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2022, countries that imported more from Benin than Ecuador included Bangladesh ($406M), United Arab Emirates ($382M), and Egypt ($41.7M).

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

Comparative Advantage Ecuador - Benin

Flow
Scale

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

During 2022, Ecuador had a large net trade with Benin in the exports of Animal Products ($2.29M), Textiles ($4.67k), and Machines ($179).

During 2013, Benin had a large net trade with Ecuador in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Benin+$8.88kNon-fillet Frozen Fish
Top Product Potential Benin Ecuador+$3.08kRefined 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 Ecuador and Benin. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Ecuador.

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

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