2022
Exports
$200kWorld Rnk 89 / 124
Flag Rnk 107 / 656
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$34.5kWorld Rnk 163 / 174
Flag Rnk 757 / 1046
2022
ECONOMIC COMPLEXITY of Benin
-0.5Rnk 86 / 133

About

Exports In 2022, Benin exported $200k in Soybean Meal, making it the 89th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 107th most exported product in Benin. The main destination of Soybean Meal exports from Benin are: Togo ($122k), China ($65.2k), India ($12.8k), Netherlands ($18), and Turkey ($4).

The fastest growing export markets for Soybean Meal of Benin between 2021 and 2022 were China ($65.2k), India ($12.8k), and Netherlands ($18).

Imports In 2022, Benin imported $34.5k in Soybean Meal, becoming the 163rd largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 757th most imported product in Benin. Benin imports Soybean Meal primarily from: Nigeria ($34.1k) and Togo ($428).

The fastest growing import markets in Soybean Meal for Benin between 2021 and 2022 were Togo ($428).

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 Soybean Meal. 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)$200k
IMPORTS (2022)$34.5k
NET TRADE (2022)$165k

In 2022, Benin exported $200k in Soybean Meal. The main destinations of Benin exports on Soybean Meal were Togo ($122k), China ($65.2k), India ($12.8k), Netherlands ($18), and Turkey ($4).

In 2022, Benin imported $34.5k in Soybean Meal, mainly from Nigeria ($34.1k) and Togo ($428).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Benin WERE (2021 - 2022):
China$65.2k (1%)
India$12.8k (1%)
Netherlands$18 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Benin WERE (2021 - 2022):
Cote d'Ivoire-$196k (-100%)
Qatar-$177k (-100%)
Togo-$134k (-52.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Soybean Meal were:
In 2022, Benin's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $83.6k
TOP IMPORT POTENTIALNigeria+ $31k

Soybean Meal’s highest export potential is China. With an export gap of $83.6k.   Soybean Meal’s highest import potential is Nigeria with an import gap of $31k.

See methodology.

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