2022
Exports
$25.8kWorld Rnk 186 / 222
Flag Rnk 248 / 656
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$49.9MWorld Rnk 120 / 225
Flag Rnk 22 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $25.8k in Insulated Wire, making it the 186th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 248th most exported product in Benin. The main destination of Insulated Wire exports from Benin are: Burkina Faso ($14.1k), Togo ($7.45k), France ($3.12k), United Arab Emirates ($226), and Canada ($197).

The fastest growing export markets for Insulated Wire of Benin between 2021 and 2022 were Burkina Faso ($13.9k), Slovenia ($114), and United Kingdom ($91).

Imports In 2022, Benin imported $49.9M in Insulated Wire, becoming the 120th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 22nd most imported product in Benin. Benin imports Insulated Wire primarily from: China ($14.3M), Morocco ($8.65M), Senegal ($7.56M), France ($7.25M), and United Arab Emirates ($2.46M).

The fastest growing import markets in Insulated Wire for Benin between 2021 and 2022 were China ($6.19M), France ($5.75M), and Morocco ($3.28M).

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 Insulated Wire. 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)$25.8k
IMPORTS (2022)$49.9M
NET TRADE (2022)-$49.9M

In 2022, Benin exported $25.8k in Insulated Wire. The main destinations of Benin exports on Insulated Wire were Burkina Faso ($14.1k), Togo ($7.45k), France ($3.12k), United Arab Emirates ($226), and Canada ($197).

In 2022, Benin imported $49.9M in Insulated Wire, mainly from China ($14.3M), Morocco ($8.65M), Senegal ($7.56M), France ($7.25M), and United Arab Emirates ($2.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Benin WERE (2021 - 2022):
Burkina Faso$13.9k (6.2k%)
Slovenia$114 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Benin WERE (2021 - 2022):
Niger-$154k (-99.9%)
United Arab Emirates-$94.1k (-99.8%)
France-$58.8k (-95%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Insulated Wire were:
In 2022, Benin's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $16.6k
TOP IMPORT POTENTIALChina+ $7.26M

Insulated Wire’s highest export potential is France. With an export gap of $16.6k.   Insulated Wire’s highest import potential is China with an import gap of $7.26M.

See methodology.

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