North Macedonia (MKD) and Benin (BEN) Trade | The Observatory of Economic Complexity

About

North Macedonia-Benin Trade: In 2023, North Macedonia exported $13.9k to Benin. The main products that North Macedonia exported to Benin were Flavored Water ($13.9k). Over the past 11 years the exports of North Macedonia to Benin have decreased at an annualized rate of 19.3%, from $147k in 2012 to $13.9k in 2023.

In 2023, North Macedonia did not export any services to Benin.

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

In 2023, Benin did not export any services to North Macedonia.

Comparison In 2023, North Macedonia ranked 104 in total exports ($10.1B), 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 2023, North Macedonia exported $13.9k to Benin. The main products exported from North Macedonia to Benin were Flavored Water ($13.9k). During the last 11 years the exports of North Macedonia to Benin have decreased at an annualized rate of 19.3%, from $147k in 2012 to $13.9k in 2023.

Benin does not register exports to North Macedonia.

Exports from North Macedonia () to Benin () (2023)

Exports from Benin () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Benin ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from North Macedonia than Benin included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

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

Difference in imports from Benin () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Benin in the exports of Foodstuffs ($13.9k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Benin+$2.12kRefined Petroleum

Top Product Potential Benin North Macedonia+$2.19kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Benin () (2023)

Exports from Benin () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Benin ()

North Macedonia Exports

Market Competitiveness

Difference in imports from Benin () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Benin () (2023)

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