Iran (IRN) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Iran-Benin Trade: In 2023, Iran exported $113k to Benin. The main products that Iran exported to Benin were Used Clothing ($80k), Special Pharmaceuticals ($22.2k), and Chemical Analysis Instruments ($10.6k). Over the past 5 years the exports of Iran to Benin have decreased at an annualized rate of 31.8%, from $767k in 2018 to $113k in 2023.

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

Benin-Iran In N/A, Benin did not export any products to Iran.

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

Comparison: In 2023, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $113k to Benin. The main products exported from Iran to Benin were Used Clothing ($80k), Special Pharmaceuticals ($22.2k), and Chemical Analysis Instruments ($10.6k). During the last 5 years the exports of Iran to Benin have decreased at an annualized rate of 31.8%, from $767k in 2018 to $113k in 2023.

Benin does not register exports to Iran.

Exports from Iran () to Benin () (2023)

Exports from Benin () to Iran () (2023)

Latest Data

Trade between Iran () and Benin ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$4.59B

Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Iran than Benin included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

In 2023, countries that imported more from Benin than Iran included Bangladesh ($391M), United Arab Emirates ($803M), and Togo ($53.9M).

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

Comparative Advantage Iran - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iran had a large net trade with Benin in the exports of Textiles ($80k), Chemical Products ($22.2k), and Instruments ($10.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iran Benin+$36.9kPasta

Top Product Potential Benin Iran+$4.74kSoybeans

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

About

Historical Data

Bilateral Trade by Products

Exports from Iran () to Benin () (2023)

Exports from Benin () to Iran () (2023)

Latest Data

Trade between Iran () and Benin ()

Benin Exports

Market Competitiveness

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

Comparative Advantage Iran - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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