Saudi Arabia (SAU) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Benin Trade: In 2022, Saudi Arabia exported $87.1M to Benin. The main products that Saudi Arabia exported to Benin were Refined Petroleum ($85.1M), Cement ($1.7M), and Ethylene Polymers ($165k). Over the past 5 years the exports of Saudi Arabia to Benin have increased at an annualized rate of 89.3%, from $3.58M in 2017 to $87.1M in 2022.

In 2022, Saudi Arabia did not export any services to Benin.

Benin-Saudi Arabia Trade: In 2022, Benin exported $954k to Saudi Arabia. The main products that Benin exported to Saudi Arabia were Other Oily Seeds ($952k), Tropical Fruits ($1.92k), and Felt or Coated Fabric Garments ($397). Over the past 5 years the exports of Benin to Saudi Arabia have increased at an annualized rate of 461%, from $172 in 2017 to $954k in 2022.

In 2022, Benin did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $87.1M to Benin. The main products exported from Saudi Arabia to Benin were Refined Petroleum ($85.1M), Cement ($1.7M), and Ethylene Polymers ($165k). During the last 5 years the exports of Saudi Arabia to Benin have increased at an annualized rate of 89.3%, from $3.58M in 2017 to $87.1M in 2022.

In 2017, Benin exported $954k to Saudi Arabia. The main products exported from Benin to Saudi Arabia were Other Oily Seeds ($952k), Tropical Fruits ($1.92k), and Felt or Coated Fabric Garments ($397). During the last 5 years the exports of Benin to Saudi Arabia have increased at an annualized rate of 461%, from $172 in 2022 to $954k in 2017.

Exports from Saudi Arabia () to Benin () (2022)

Exports from Benin () to Saudi Arabia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Saudi Arabia than Benin included China ($68B), India ($46.2B), and Japan ($36.5B).

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

Difference in imports from Benin () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Benin in the exports of Mineral Products ($86.8M), Plastics and Rubbers ($192k), and Vegetable Products ($76.4k).

During 2017, Benin had a large net trade with Saudi Arabia in the exports of Vegetable Products ($954k) and Textiles ($397).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Benin+$991kRefined Petroleum

Top Product Potential Benin Saudi Arabia+$406kOther Oily Seeds

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

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Benin () (2022)

Exports from Benin () to Saudi Arabia () (2022)

Market Competitiveness

Difference in imports from Benin () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Benin () (2022)

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