Guinea (GIN) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Guinea-Benin Trade: In 2022, Guinea exported $12.9k to Benin. The main products that Guinea exported to Benin were Used Clothing ($4.02k), Electric Batteries ($2.72k), and Tractors ($2.69k). Over the past 5 years the exports of Guinea to Benin have decreased at an annualized rate of 58%, from $983k in 2017 to $12.9k in 2022.

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

Benin-Guinea Trade: In 2022, Benin exported $1.23M to Guinea. The main products that Benin exported to Guinea were Packaged Medicaments ($937k), Fruit Juice ($127k), and Raw Plastic Sheeting ($66.6k). Over the past 5 years the exports of Benin to Guinea have decreased at an annualized rate of 5.48%, from $1.63M in 2017 to $1.23M in 2022.

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

Comparison: In 2022, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). 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, Guinea exported $12.9k to Benin. The main products exported from Guinea to Benin were Used Clothing ($4.02k), Electric Batteries ($2.72k), and Tractors ($2.69k). During the last 5 years the exports of Guinea to Benin have decreased at an annualized rate of 58%, from $983k in 2017 to $12.9k in 2022.

In 2017, Benin exported $1.23M to Guinea. The main products exported from Benin to Guinea were Packaged Medicaments ($937k), Fruit Juice ($127k), and Raw Plastic Sheeting ($66.6k). During the last 5 years the exports of Benin to Guinea have decreased at an annualized rate of 5.48%, from $1.63M in 2022 to $1.23M in 2017.

Exports from Guinea () to Benin () (2022)

Exports from Benin () to Guinea () (2022)

Latest Data

Trade between Guinea () and Benin ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Guinea than Benin included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

In 2022, countries that imported more from Benin than Guinea included Bangladesh ($406M), Egypt ($41.7M), and Togo ($35.9M).

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

Comparative Advantage Guinea - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Benin in the exports of Textiles ($5.22k), Machines ($4.64k), and Transportation ($2.69k).

During 2017, Benin had a large net trade with Guinea in the exports of Chemical Products ($937k), Foodstuffs ($127k), and Plastics and Rubbers ($67.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Benin+$4.65kElectric Batteries

Top Product Potential Benin Guinea+$30.8kUsed Clothing

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Benin () (2022)

Exports from Benin () to Guinea () (2022)

Latest Data

Trade between Guinea () and Benin ()

Benin Exports

Market Competitiveness

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

Comparative Advantage Guinea - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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