2022
Exports
$355kWorld Rnk 145 / 221
Flag Rnk 79 / 656
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$14.8MWorld Rnk 133 / 224
Flag Rnk 78 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $355k in Excavation Machinery, making it the 145th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 79th most exported product in Benin. The main destination of Excavation Machinery exports from Benin are: Belgium ($122k), Ghana ($108k), France ($38.1k), Togo ($35.5k), and Germany ($28k).

The fastest growing export markets for Excavation Machinery of Benin between 2021 and 2022 were France ($36.3k), Germany ($12.8k), and Niger ($11k).

Imports In 2022, Benin imported $14.8M in Excavation Machinery, becoming the 133rd largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 78th most imported product in Benin. Benin imports Excavation Machinery primarily from: France ($4.26M), China ($3.79M), Netherlands ($1.58M), Denmark ($1.12M), and Belgium ($603k).

The fastest growing import markets in Excavation Machinery for Benin between 2021 and 2022 were China ($2.11M), Netherlands ($1.51M), and Denmark ($1.12M).

Latest Trends

Mar 2024

Subnational Monthly Trade

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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 Excavation Machinery. 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 (2022)$355k
IMPORTS (2022)$14.8M
NET TRADE (2022)-$14.4M

In 2022, Benin exported $355k in Excavation Machinery. The main destinations of Benin exports on Excavation Machinery were Belgium ($122k), Ghana ($108k), France ($38.1k), Togo ($35.5k), and Germany ($28k).

In 2022, Benin imported $14.8M in Excavation Machinery, mainly from France ($4.26M), China ($3.79M), Netherlands ($1.58M), Denmark ($1.12M), and Belgium ($603k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Benin WERE (2021 - 2022):
France$36.3k (2.05k%)
Germany$12.8k (84.2%)
Niger$11k (1.43k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Benin WERE (2021 - 2022):
United Arab Emirates-$2.3M (-100%)
Nigeria-$87.5k (-100%)
Belgium-$37.3k (-23.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Excavation Machinery were:
In 2022, Benin's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

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