2022
Exports
$4.35MWorld Rnk 111 / 217
Flag Rnk 19 / 656
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$117MWorld Rnk 127 / 224
Flag Rnk 8 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $4.35M in Packaged Medicaments, making it the 111th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 19th most exported product in Benin. The main destination of Packaged Medicaments exports from Benin are: Togo ($2.07M), Guinea ($937k), Burkina Faso ($531k), Chad ($468k), and Niger ($225k).

The fastest growing export markets for Packaged Medicaments of Benin between 2021 and 2022 were Guinea ($936k), Togo ($723k), and France ($38.6k).

Imports In 2022, Benin imported $117M in Packaged Medicaments, becoming the 127th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 8th most imported product in Benin. Benin imports Packaged Medicaments primarily from: France ($70.8M), India ($24M), China ($7.83M), Belgium ($3.29M), and Germany ($2.87M).

The fastest growing import markets in Packaged Medicaments for Benin between 2021 and 2022 were France ($27M), India ($7.43M), and China ($4.09M).

Latest Trends

Aug 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 Packaged Medicaments. 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)$4.35M
IMPORTS (2022)$117M
NET TRADE (2022)-$112M

In 2022, Benin exported $4.35M in Packaged Medicaments. The main destinations of Benin exports on Packaged Medicaments were Togo ($2.07M), Guinea ($937k), Burkina Faso ($531k), Chad ($468k), and Niger ($225k).

In 2022, Benin imported $117M in Packaged Medicaments, mainly from France ($70.8M), India ($24M), China ($7.83M), Belgium ($3.29M), and Germany ($2.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Benin WERE (2021 - 2022):
Guinea$936k (400k%)
Togo$723k (53.8%)
France$38.6k (319%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Benin WERE (2021 - 2022):
Burkina Faso-$897k (-62.8%)
Niger-$40.6k (-15.3%)
Cote d'Ivoire-$35.8k (-98.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Packaged Medicaments were:
In 2022, Benin's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBurkina Faso+ $328k
TOP IMPORT POTENTIALIndia+ $8.18M

Packaged Medicaments’s highest export potential is Burkina Faso. With an export gap of $328k.   Packaged Medicaments’s highest import potential is India with an import gap of $8.18M.

See methodology.

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