Kuwait (KWT) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Kuwait-Benin Trade: In 2022, Kuwait exported $34.3M to Benin. The main products that Kuwait exported to Benin were Refined Petroleum ($28.5M), Cars ($4.26M), and Work Trucks ($427k). Over the past 5 years the exports of Kuwait to Benin have increased at an annualized rate of 148%, from $367k in 2017 to $34.3M in 2022.

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

Benin-Kuwait Trade: In 2022, Benin exported $3.07M to Kuwait. The main products that Benin exported to Kuwait were Refined Petroleum ($3.04M), Other Animals ($18.2k), and Tropical Fruits ($10.8k). Over the past 5 years the exports of Benin to Kuwait have increased at an annualized rate of 221%, from $9k in 2017 to $3.07M in 2022.

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

Comparison: In 2022, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $34.3M to Benin. The main products exported from Kuwait to Benin were Refined Petroleum ($28.5M), Cars ($4.26M), and Work Trucks ($427k). During the last 5 years the exports of Kuwait to Benin have increased at an annualized rate of 148%, from $367k in 2017 to $34.3M in 2022.

In 2017, Benin exported $3.07M to Kuwait. The main products exported from Benin to Kuwait were Refined Petroleum ($3.04M), Other Animals ($18.2k), and Tropical Fruits ($10.8k). During the last 5 years the exports of Benin to Kuwait have increased at an annualized rate of 221%, from $9k in 2022 to $3.07M in 2017.

Exports from Kuwait () to Benin () (2022)

Exports from Benin () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Benin ()

Kuwait Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Kuwait than Benin included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Benin than Kuwait included Bangladesh ($406M), Chad ($28M), and Niger ($16.9M).

Difference in imports from Benin () and Kuwait () (2022)

Comparative Advantage Kuwait - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with Benin in the exports of Mineral Products ($28.5M), Transportation ($5.38M), and Chemical Products ($316k).

During 2017, Benin had a large net trade with Kuwait in the exports of Mineral Products ($3.04M), Animal Products ($18.2k), and Vegetable Products ($10.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Benin+$3.67MRefined Petroleum

Top Product Potential Benin Kuwait+$29.8kTropical Fruits

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Benin () (2022)

Exports from Benin () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Benin ()

Kuwait Exports

Benin Exports

Market Competitiveness

Difference in imports from Benin () and Kuwait () (2022)

Comparative Advantage Kuwait - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Benin () (2022)

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