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2022
Flag → Flag
Exports $22.6MRnk 123 / 215
2022
Flag → Flag
Top Product $10.1MRice
2022
Flag → Flag
Exports $159kRnk 59 / 128
2022
Flag → Flag
Top Product $140kRaw Plastic Sheeting
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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 $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Singapore-Benin Trade: In 2022, Singapore exported $22.6M to Benin. The main products that Singapore exported to Benin were Rice ($10.1M), Palm Oil ($2.41M), and Hot-Rolled Iron Bars ($1.95M). Over the past 5 years the exports of Singapore to Benin have decreased at an annualized rate of 5.58%, from $30.1M in 2017 to $22.6M in 2022.

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

Benin-Singapore Trade: In 2022, Benin exported $159k to Singapore. The main products that Benin exported to Singapore were Raw Plastic Sheeting ($140k), Excavation Machinery ($10.5k), and Iron Fasteners ($5.57k). Over the past 5 years the exports of Benin to Singapore have decreased at an annualized rate of 49.4%,  from $4.81M in 2017 to $159k in 2022.

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

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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
Value

In 2022, Singapore exported $22.6M to Benin. The main products exported from Singapore to Benin were Rice ($10.1M), Palm Oil ($2.41M), and Hot-Rolled Iron Bars ($1.95M). During the last 5 years the exports of Singapore to Benin have decreased at an annualized rate of 5.58%, from $30.1M in 2017 to $22.6M in 2022.

In 2017, Benin exported $159k to Singapore. The main products exported from Benin to Singapore were Raw Plastic Sheeting ($140k), Excavation Machinery ($10.5k), and Iron Fasteners ($5.57k). During the last 5 years the exports of Benin to Singapore have decreased at an annualized rate of 49.4%, from $4.81M in 2022 to $159k in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Benin (Flag)

Singapore Exports

Benin Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Singapore than Benin included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Benin than Singapore included Chad ($28M), Niger ($16.9M), and Mali ($7.69M).

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

Comparative Advantage Singapore - Benin

Flow
Scale

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

During 2022, Singapore had a large net trade with Benin in the exports of Vegetable Products ($10.4M), Metals ($4.45M), and Animal and Vegetable Bi-Products ($2.41M).

During 2017, Benin had a large net trade with Singapore in the exports of Plastics and Rubbers ($140k), Machines ($10.5k), and Metals ($5.57k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Singapore and Benin. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Singapore.

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

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