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Pricing

2022
Flag → Flag
Exports $64.3MRnk 136 / 221
2022
Flag → Flag
Top Product $16.1MPoultry Meat
2022
Flag → Flag
Exports $3.95MRnk 28 / 128
2022
Flag → Flag
Top Product $2.45MCoconuts, Brazil Nuts, and Cashews
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Italy-Benin Trade: In 2022, Italy exported $64.3M to Benin. The main products that Italy exported to Benin were Poultry Meat ($16.1M), Stone Processing Machines ($3.67M), and Unglazed Ceramics ($3.53M). Over the past 5 years the exports of Italy to Benin have increased at an annualized rate of 7.7%, from $44.3M in 2017 to $64.3M in 2022.

In 2022, Italy did not export any services to Benin.

Benin-Italy Trade: In 2022, Benin exported $3.95M to Italy. The main products that Benin exported to Italy were Coconuts, Brazil Nuts, and Cashews ($2.45M), Other Nuts ($1.36M), and Iron Structures ($41.2k). Over the past 5 years the exports of Benin to Italy have decreased at an annualized rate of 7.46%,  from $5.81M in 2017 to $3.95M in 2022.

In 2022, Benin did not export any services to Italy.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Benin, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Benin were . In N/A the top imports of Italy from Benin were .

Growth In N/A, the N/A in Italy's year-by-year exports to Benin was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Benin was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Benin and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Benin and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $64.3M to Benin. The main products exported from Italy to Benin were Poultry Meat ($16.1M), Stone Processing Machines ($3.67M), and Unglazed Ceramics ($3.53M). During the last 5 years the exports of Italy to Benin have increased at an annualized rate of 7.7%, from $44.3M in 2017 to $64.3M in 2022.

In 2017, Benin exported $3.95M to Italy. The main products exported from Benin to Italy were Coconuts, Brazil Nuts, and Cashews ($2.45M), Other Nuts ($1.36M), and Iron Structures ($41.2k). During the last 5 years the exports of Benin to Italy have decreased at an annualized rate of 7.46%, from $5.81M in 2022 to $3.95M in 2017.

Exports from Italy (Flag) to Benin (Flag) (2022)

Exports from Benin (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Italy than Benin included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Benin than Italy included Chad ($28M) and Norfolk Island ($40.1k).

Difference in imports from Benin (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Benin

Flow
Scale

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

During 2022, Italy had a large net trade with Benin in the exports of Machines ($17M), Animal Products ($16.4M), and Stone And Glass ($6.59M).

During 2017, Benin had a large net trade with Italy in the exports of Vegetable Products ($3.81M), Machines ($57.8k), and Metals ($41.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Benin+$2.11MPackaged Medicaments
Top Product Potential Benin Italy+$590kOther Nuts

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

Product Space of Italy (Flag) and Benin (Flag) (2022)

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