Indonesia (IDN) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Indonesia-Benin Trade: In 2023, Indonesia exported $200M to Benin. The main products that Indonesia exported to Benin were Palm Oil ($187M), Uncoated Paper ($5.41M), and Soap ($1.23M). Over the past 5 years the exports of Indonesia to Benin have decreased at an annualized rate of 2.96%, from $233M in 2018 to $200M in 2023.

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

Benin-Indonesia Trade: In 2023, Benin exported $2.24M to Indonesia. The main products that Benin exported to Indonesia were Raw Cotton ($1.88M), Zinc Ore ($194k), and Soybeans ($72.9k). Over the past 5 years the exports of Benin to Indonesia have decreased at an annualized rate of 15.4%, from $5.18M in 2018 to $2.24M in 2023.

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

Comparison: In 2023, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $200M to Benin. The main products exported from Indonesia to Benin were Palm Oil ($187M), Uncoated Paper ($5.41M), and Soap ($1.23M). During the last 5 years the exports of Indonesia to Benin have decreased at an annualized rate of 2.96%, from $233M in 2018 to $200M in 2023.

In 2018, Benin exported $2.24M to Indonesia. The main products exported from Benin to Indonesia were Raw Cotton ($1.88M), Zinc Ore ($194k), and Soybeans ($72.9k). During the last 5 years the exports of Benin to Indonesia have decreased at an annualized rate of 15.4%, from $5.18M in 2023 to $2.24M in 2018.

Exports from Indonesia () to Benin () (2023)

Exports from Benin () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Benin ()

Indonesia Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$70.7B

Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Indonesia than Benin included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Benin than Indonesia included Chad ($36.7M).

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

Comparative Advantage Indonesia - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Indonesia had a large net trade with Benin in the exports of Animal and Vegetable Bi-Products ($188M), Paper Goods ($6.49M), and Chemical Products ($1.6M).

During 2018, Benin had a large net trade with Indonesia in the exports of Textiles ($1.88M), Mineral Products ($194k), and Vegetable Products ($72.9k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Benin+$1.15MMotorcycles and cycles

Top Product Potential Benin Indonesia+$6.84MRaw Cotton

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

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Benin () (2023)

Exports from Benin () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Benin ()

Indonesia Exports

Benin Exports

Market Competitiveness

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

Comparative Advantage Indonesia - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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