Senegal (SEN) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Senegal-Benin Trade: In 2022, Senegal exported $28M to Benin. The main products that Senegal exported to Benin were Insulated Wire ($7.56M), Copper Wire ($4.87M), and Non-fillet Frozen Fish ($3.73M). Over the past 5 years the exports of Senegal to Benin have increased at an annualized rate of 9.75%, from $17.6M in 2017 to $28M in 2022.

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

Benin-Senegal Trade: In 2022, Benin exported $1.38M to Senegal. The main products that Benin exported to Senegal were Fruit Juice ($519k), Other Vegetable Residues ($284k), and Large Construction Vehicles ($162k). Over the past 5 years the exports of Benin to Senegal have decreased at an annualized rate of 5.83%, from $1.86M in 2017 to $1.38M in 2022.

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

Comparison: In 2022, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B). 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, Senegal exported $28M to Benin. The main products exported from Senegal to Benin were Insulated Wire ($7.56M), Copper Wire ($4.87M), and Non-fillet Frozen Fish ($3.73M). During the last 5 years the exports of Senegal to Benin have increased at an annualized rate of 9.75%, from $17.6M in 2017 to $28M in 2022.

In 2017, Benin exported $1.38M to Senegal. The main products exported from Benin to Senegal were Fruit Juice ($519k), Other Vegetable Residues ($284k), and Large Construction Vehicles ($162k). During the last 5 years the exports of Benin to Senegal have decreased at an annualized rate of 5.83%, from $1.86M in 2022 to $1.38M in 2017.

Exports from Senegal () to Benin () (2022)

Exports from Benin () to Senegal () (2022)

Latest Data

Trade between Senegal () and Benin ()

Senegal Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.13B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Senegal than Benin included Mali ($1.13B), Switzerland ($662M), and India ($1B).

In 2022, countries that imported more from Benin than Senegal included Bangladesh ($406M), United Arab Emirates ($382M), and Egypt ($41.7M).

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

Comparative Advantage Senegal - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Senegal had a large net trade with Benin in the exports of Machines ($10.1M), Metals ($4.92M), and Chemical Products ($4.63M).

During 2017, Benin had a large net trade with Senegal in the exports of Foodstuffs ($804k), Machines ($335k), and Metals ($123k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Benin+$1.16MRefined Petroleum

Top Product Potential Benin Senegal+$77.8kOther Vegetable Residues

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Benin () (2022)

Exports from Benin () to Senegal () (2022)

Latest Data

Trade between Senegal () and Benin ()

Senegal Exports

Benin Exports

Market Competitiveness

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

Comparative Advantage Senegal - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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