2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP
$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH
57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC
$1,394CURRENT US$
Rnk 168 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 104 / 195

About

Ireland-Benin Trade: In 2023, Ireland exported $7.35M to Benin. The main products that Ireland exported to Benin were Poultry Meat ($1.36M), Used Clothing ($1.21M), and Malt Extract ($1.13M). Over the past 5 years the exports of Ireland to Benin have increased at an annualized rate of 14.2%, from $3.78M in 2018 to $7.35M in 2023.

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

Benin-Ireland Trade: In 2023, Benin exported $182k to Ireland. The main products that Benin exported to Ireland were Dried Legumes ($123k), Soups and Broths ($27.2k), and Cassava ($16.3k). Over the past 5 years the exports of Benin to Ireland have increased at an annualized rate of 57.5%,  from $18.7k in 2018 to $182k in 2023.

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

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). 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
Value

In 2023, Ireland exported $7.35M to Benin. The main products exported from Ireland to Benin were Poultry Meat ($1.36M), Used Clothing ($1.21M), and Malt Extract ($1.13M). During the last 5 years the exports of Ireland to Benin have increased at an annualized rate of 14.2%, from $3.78M in 2018 to $7.35M in 2023.

In 2018, Benin exported $182k to Ireland. The main products exported from Benin to Ireland were Dried Legumes ($123k), Soups and Broths ($27.2k), and Cassava ($16.3k). During the last 5 years the exports of Benin to Ireland have increased at an annualized rate of 57.5%, from $18.7k in 2023 to $182k in 2018.

Exports from Ireland (Flag) to Benin (Flag) (2023)

Exports from Benin (Flag) to Ireland (Flag) (2023)

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Benin
Top Destination
United Arab Emirates$803M

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

In 2023, countries that imported more from Ireland than Benin included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from Benin than Ireland included Bangladesh ($391M), Chad ($36.7M), and Togo ($53.9M).

Difference in imports from Benin (Flag) and Ireland (Flag) (2023)

Comparative Advantage Ireland - Benin

Flow
Scale

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

During 2023, Ireland had a large net trade with Benin in the exports of Animal Products ($2.13M), Chemical Products ($1.77M), and Foodstuffs ($1.24M).

During 2018, Benin had a large net trade with Ireland in the exports of Vegetable Products ($143k), Foodstuffs ($37.1k), and Animal and Vegetable Bi-Products ($889).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Benin+$554kScented Mixtures
Top Product Potential Benin Ireland+$27.3kMalt Extract

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

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

Product Space of Ireland (Flag) and Benin (Flag) (2023)

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