Hong Kong (HKG) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Hong Kong-Benin Trade: In 2023, Hong Kong exported $18.7M to Benin. The main products that Hong Kong exported to Benin were Hot-Rolled Iron Bars ($2.53M), Special purpose motor vehicles ($1.69M), and Buses ($1.49M). Over the past 5 years the exports of Hong Kong to Benin have increased at an annualized rate of 2.27%, from $16.7M in 2018 to $18.7M in 2023.

In 2023, Hong Kong did not export any services to Benin.

Benin-Hong Kong Trade: In 2023, Benin exported $203k to Hong Kong. The main products that Benin exported to Hong Kong were Telephones ($191k), Other Animals ($3.92k), and Insulated Wire ($3.38k). Over the past 5 years the exports of Benin to Hong Kong have decreased at an annualized rate of 25.1%, from $862k in 2018 to $203k in 2023.

In 2023, Benin did not export any services to Hong Kong.

Comparison: In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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, Hong Kong exported $18.7M to Benin. The main products exported from Hong Kong to Benin were Hot-Rolled Iron Bars ($2.53M), Special purpose motor vehicles ($1.69M), and Buses ($1.49M). During the last 5 years the exports of Hong Kong to Benin have increased at an annualized rate of 2.27%, from $16.7M in 2018 to $18.7M in 2023.

In 2018, Benin exported $203k to Hong Kong. The main products exported from Benin to Hong Kong were Telephones ($191k), Other Animals ($3.92k), and Insulated Wire ($3.38k). During the last 5 years the exports of Benin to Hong Kong have decreased at an annualized rate of 25.1%, from $862k in 2023 to $203k in 2018.

Exports from Hong Kong () to Benin () (2023)

Exports from Benin () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Benin ()

Hong Kong Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Hong Kong than Benin included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Benin than Hong Kong included Togo ($53.9M), Chad ($36.7M), and Niger ($15.4M).

Difference in imports from Benin () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Benin in the exports of Transportation ($5.7M), Machines ($5.16M), and Metals ($5.13M).

During 2018, Benin had a large net trade with Hong Kong in the exports of Machines ($195k), Animal Products ($4.39k), and Metals ($2.48k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Benin+$1.36MTelephones

Top Product Potential Benin Hong Kong+$38.9kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Benin () (2023)

Exports from Benin () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Benin ()

Hong Kong Exports

Benin Exports

Market Competitiveness

Difference in imports from Benin () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Benin () (2023)

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