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2022
Exports $51.3kWorld Rnk 103 / 153
Flag Rnk 192 / 656
2022
Destination $35.1k France
2021 - 2022
FASTEST GROWING MARKET $35.1kFrance
2022
PRODUCT COMPLEXITY IN Insect Resins-2.5Rnk 1019 / 1025
2022
Imports $34kWorld Rnk 143 / 197
Flag Rnk 760 / 1046
2022
Origin $24.9k Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $24.9kIndonesia
2022
ECONOMIC COMPLEXITY of Benin-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $51.3k in Insect Resins, making it the 103rd largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 192nd most exported product in Benin. The main destination of Insect Resins exports from Benin are: France ($35.1k) and India ($16.3k).

The fastest growing export markets for Insect Resins of Benin between 2021 and 2022 were France ($35.1k) and India ($16.3k).

Imports In 2022, Benin imported $34k in Insect Resins, becoming the 143rd largest importer of Insect Resins in the world. At the same year, Insect Resins was the 760th most imported product in Benin. Benin imports Insect Resins primarily from: Indonesia ($24.9k), Niger ($4.49k), Nigeria ($4.24k), India ($257), and China ($84).

The fastest growing import markets in Insect Resins for Benin between 2021 and 2022 were Indonesia ($24.9k), Niger ($4.49k), and Nigeria ($4.24k).

Latest Trends

Oct 2024

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 Insect Resins. 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)$51.3k
IMPORTS (2022)$34k
NET TRADE (2022)$17.3k

In 2022, Benin exported $51.3k in Insect Resins. The main destinations of Benin exports on Insect Resins were France ($35.1k) and India ($16.3k).

In 2022, Benin imported $34k in Insect Resins, mainly from Indonesia ($24.9k), Niger ($4.49k), Nigeria ($4.24k), India ($257), and China ($84).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Benin WERE (2021 - 2022):
France$35.1k (501k%)
India$16.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Benin WERE (2021 - 2022):Republic of the Congo-$358 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Insect Resins were:
Sudan $194M
France $193M
Afghanistan $126M
In 2022, Benin's main importing competitors in Insect Resins were:
India $260M
United States $157M
France $127M

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $43.6k
TOP IMPORT POTENTIALIndonesia+ $6.88k

Insect Resins’s highest export potential is India. With an export gap of $43.6k.   Insect Resins’s highest import potential is Indonesia with an import gap of $6.88k.

See methodology.

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