Greece (GRC) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Greece-Benin Trade: In 2023, Greece exported $2.18M to Benin. The main products that Greece exported to Benin were Metal Stoppers ($759k), Stone Processing Machines ($395k), and Packaged Medicaments ($241k). Over the past 5 years the exports of Greece to Benin have decreased at an annualized rate of 5.74%, from $2.93M in 2018 to $2.18M in 2023.

In 2023, Greece did not export any services to Benin.

Benin-Greece Trade: In 2023, Benin exported $102k to Greece. The main products that Benin exported to Greece were Coconuts, Brazil Nuts, and Cashews ($102k). Over the past 5 years the exports of Benin to Greece have increased at an annualized rate of 0.56%, from $99.4k in 2018 to $102k in 2023.

In 2023, Benin did not export any services to Greece.

Comparison: In 2023, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). 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, Greece exported $2.18M to Benin. The main products exported from Greece to Benin were Metal Stoppers ($759k), Stone Processing Machines ($395k), and Packaged Medicaments ($241k). During the last 5 years the exports of Greece to Benin have decreased at an annualized rate of 5.74%, from $2.93M in 2018 to $2.18M in 2023.

In 2018, Benin exported $102k to Greece. The main products exported from Benin to Greece were Coconuts, Brazil Nuts, and Cashews ($102k). During the last 5 years the exports of Benin to Greece have increased at an annualized rate of 0.56%, from $99.4k in 2023 to $102k in 2018.

Exports from Greece () to Benin () (2023)

Exports from Benin () to Greece () (2023)

Latest Data

Trade between Greece () and Benin ()

Greece Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$6.21B

Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Greece than Benin included Italy ($6.21B), Germany ($3.06B), and Cyprus ($3.03B).

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

Difference in imports from Benin () and Greece () (2023)

Comparative Advantage Greece - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Greece had a large net trade with Benin in the exports of Metals ($796k), Machines ($497k), and Mineral Products ($257k).

During 2018, Benin had a large net trade with Greece in the exports of Vegetable Products ($102k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Benin+$588kPackaged Medicaments

Top Product Potential Benin Greece+$10.8kWood Charcoal

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

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Benin () (2023)

Exports from Benin () to Greece () (2023)

Latest Data

Trade between Greece () and Benin ()

Greece Exports

Benin Exports

Market Competitiveness

Difference in imports from Benin () and Greece () (2023)

Comparative Advantage Greece - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Benin () (2023)

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