2019
Exports
$2.04kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Electric Furnaces
1.62Rnk 31 / 1025
2019
Imports
$570kWorld Rnk 148 / 206
Flag Rnk 431 / 1063
2023
ECONOMIC COMPLEXITY of Benin
-0.43Rnk 83 / 132

About

Imports In 2023, Benin imported $570k in Electric Furnaces, becoming the 148th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 431st most imported product in Benin. Benin imports Electric Furnaces primarily from: India ($306k), China ($145k), South Africa ($32.6k), France ($29.2k), and Portugal ($15.3k).

The fastest growing import markets in Electric Furnaces for Benin between 2022 and 2023 were China ($111k), South Africa ($32.6k), and Portugal ($10.6k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2019)$2.04k
IMPORTS (2023)$570k
NET TRADE (2023)-$570k

In 2023, Benin imported $570k in Electric Furnaces, mainly from India ($306k), China ($145k), South Africa ($32.6k), France ($29.2k), and Portugal ($15.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Benin's main exporting competitors in Electric Furnaces were:
China $1.28B
Italy $638M
In 2023, Benin's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $516
TOP IMPORT POTENTIALChina+ $72.8k

Electric Furnaces’s highest export potential is United States. With an export gap of $516.   Electric Furnaces’s highest import potential is China with an import gap of $72.8k.

See methodology.

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