British Indian Ocean Territory (IOT) and Benin (BEN) Trade | The Observatory of Economic Complexity

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British Indian Ocean Territory-Benin Trade: In 2021, British Indian Ocean Territory exported $8.29k to Benin. The main products that British Indian Ocean Territory exported to Benin were N/A. Over the past 20 years the exports of British Indian Ocean Territory to Benin have decreased at an annualized rate of 7.1%, from $36.2k in 2001 to $8.29k in 2021.

In 2021, British Indian Ocean Territory did not export any services to Benin.

Benin-British Indian Ocean Territory In N/A, Benin did not export any products to British Indian Ocean Territory.

In 2021, Benin did not export any services to British Indian Ocean Territory.

Comparison In 2023, British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index. 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 2021, British Indian Ocean Territory exported $8.29k to Benin. There were not main exports from British Indian Ocean Territory to Benin in 2021. During the last 20 years the exports of British Indian Ocean Territory to Benin have decreased at an annualized rate of 7.1%, from $36.2k in 2001 to $8.29k in 2021.

Benin does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory () to Benin () (2021)

Exports from Benin () to British Indian Ocean Territory () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$20.2M

Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from British Indian Ocean Territory than Benin included Singapore ($20.2M), Dominican Republic ($58.7k), and Slovenia ($50.2k).

In 2023, countries that imported more from Benin than British Indian Ocean Territory included United Arab Emirates ($803M), Bangladesh ($391M), and India ($216M).

Difference in imports from Benin () and British Indian Ocean Territory () (2023)

Comparative Advantage British Indian Ocean Territory - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between British Indian Ocean Territory and Benin by product, considering products traded by both, British Indian Ocean Territory and Benin.

During 2021, British Indian Ocean Territory had a large net trade with Benin in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of British Indian Ocean Territory and Benin. This means that a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over British Indian Ocean Territory.

About

Historical Data

Bilateral Trade by Products

Exports from British Indian Ocean Territory () to Benin () (2021)

Exports from Benin () to British Indian Ocean Territory () (2021)

Market Competitiveness

Difference in imports from Benin () and British Indian Ocean Territory () (2023)

Comparative Advantage British Indian Ocean Territory - Benin

Economic Complexity

Competitive Landscape

Product Space of British Indian Ocean Territory () and Benin () (2021)

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