Benin
Compare Benin →BJ · BEN · BACI 204 · latest data 2024
Exports
= $1,424 M32.5% over 5 yrs (down)
Imports
= $4,384 M2.4% over 5 yrs (down)
Trade balancedeficit
= −$2,960 M
Total trade
= $5,807 M12.0% over 5 yrs (down)
- World position
- #147 of 225 exporters · bottom half · #145 of 225 importers · bottom half · 2024
- World export share since 1995
- ±0.0 pp
Trade timeline
Benin's exports grew from $210M in 1995 to $1.4B in 2024; the 2024 balance was −$3.0B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $210 M | $934 M | −$724 M | $1,144 M |
| 1996 | $275 M | $1,018 M | −$744 M | $1,293 M |
| 1997 | $316 M | $1,072 M | −$756 M | $1,388 M |
| 1998 | $425 M | $1,296 M | −$872 M | $1,721 M |
| 1999 | $320 M | $1,180 M | −$860 M | $1,499 M |
| 2000 | $310 M | $1,271 M | −$961 M | $1,581 M |
| 2001 | $355 M | $1,363 M | −$1,009 M | $1,718 M |
| 2002 | $295 M | $1,534 M | −$1,239 M | $1,828 M |
| 2003 | $496 M | $1,715 M | −$1,219 M | $2,211 M |
| 2004 | $535 M | $1,791 M | −$1,256 M | $2,327 M |
| 2005 | $577 M | $2,327 M | −$1,751 M | $2,904 M |
| 2006 | $663 M | $2,766 M | −$2,103 M | $3,429 M |
| 2007 | $769 M | $3,754 M | −$2,985 M | $4,524 M |
| 2008 | $845 M | $4,553 M | −$3,708 M | $5,398 M |
| 2009 | $665 M | $4,486 M | −$3,822 M | $5,151 M |
| 2010 | $1,661 M | $5,319 M | −$3,658 M | $6,980 M |
| 2011 | $1,489 M | $7,665 M | −$6,177 M | $9,154 M |
| 2012 | $1,608 M | $5,408 M | −$3,799 M | $7,016 M |
| 2013 | $1,293 M | $6,846 M | −$5,553 M | $8,139 M |
| 2014 | $2,390 M | $7,868 M | −$5,478 M | $10,258 M |
| 2015 | $1,318 M | $6,777 M | −$5,460 M | $8,095 M |
| 2016 | $1,261 M | $5,082 M | −$3,821 M | $6,343 M |
| 2017 | $1,647 M | $5,560 M | −$3,914 M | $7,207 M |
| 2018 | $1,706 M | $5,750 M | −$4,043 M | $7,456 M |
| 2019 | $2,111 M | $4,490 M | −$2,379 M | $6,601 M |
| 2020 | $1,645 M | $3,945 M | −$2,300 M | $5,590 M |
| 2021 | $2,302 M | $4,954 M | −$2,652 M | $7,256 M |
| 2022 | $1,885 M | $5,446 M | −$3,562 M | $7,331 M |
| 2023 | $1,932 M | $5,496 M | −$3,564 M | $7,428 M |
| 2024 | $1,424 M | $4,384 M | −$2,960 M | $5,807 M |
Trading partners
India was Benin's top trading partner in 2024, at 15.3% of total trade; the top five partners covered 47.0%.
- Top partner share
- 15.3%
- Top-5 share
- 47.0%
- Partners
- 159
- Partner HHI (0–1)
- 0.063
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | India | $175 M | $713 M | $889 M | −$538 M |
| #2 | China | $120 M | $595 M | $715 M | −$474 M |
| #3 | Bangladesh | $481 M | $0 M | $481 M | $481 M |
| #4 | France | $18 M | $336 M | $354 M | −$317 M |
| #5 | United States | $72 M | $218 M | $291 M | −$146 M |
| #6 | Pakistan | $172 M | $77 M | $249 M | $95 M |
| #7 | Morocco | $2 M | $236 M | $238 M | −$234 M |
| #8 | Nigeria | $34 M | $189 M | $223 M | −$155 M |
| #9 | Togo | $25 M | $195 M | $220 M | −$170 M |
| #10 | Russia | $5 M | $158 M | $163 M | −$154 M |
| #11 | Thailand | $2 M | $158 M | $160 M | −$156 M |
| #12 | Côte d’Ivoire | $13 M | $121 M | $134 M | −$108 M |
| #13 | Belgium | $6 M | $124 M | $130 M | −$118 M |
| #14 | United Arab Emirates | $30 M | $90 M | $120 M | −$60 M |
| #15 | Germany | $5 M | $91 M | $97 M | −$86 M |
Products & sectors
Product composition of Benin's trade in 2024.
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The product table loads with the product data for 2024.
Concentration & risk
Benin's export partners concentrated over 1995–2024 — HHI 0.100 → 0.159, a moderately concentrated export base across 131 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.100 | 0.098 | 48 | 56 |
| 1996 | 0.083 | 0.076 | 52 | 66 |
| 1997 | 0.116 | 0.070 | 54 | 68 |
| 1998 | 0.089 | 0.065 | 98 | 128 |
| 1999 | 0.083 | 0.075 | 85 | 130 |
| 2000 | 0.086 | 0.097 | 90 | 135 |
| 2001 | 0.140 | 0.116 | 94 | 140 |
| 2002 | 0.070 | 0.092 | 103 | 130 |
| 2003 | 0.084 | 0.101 | 104 | 138 |
| 2004 | 0.116 | 0.108 | 99 | 143 |
| 2005 | 0.145 | 0.130 | 105 | 138 |
| 2006 | 0.116 | 0.130 | 105 | 142 |
| 2007 | 0.141 | 0.085 | 101 | 148 |
| 2008 | 0.068 | 0.076 | 112 | 152 |
| 2009 | 0.123 | 0.073 | 102 | 138 |
| 2010 | 0.110 | 0.074 | 105 | 154 |
| 2011 | 0.084 | 0.080 | 105 | 145 |
| 2012 | 0.102 | 0.084 | 112 | 162 |
| 2013 | 0.093 | 0.096 | 122 | 168 |
| 2014 | 0.137 | 0.088 | 117 | 162 |
| 2015 | 0.094 | 0.126 | 112 | 158 |
| 2016 | 0.122 | 0.106 | 126 | 160 |
| 2017 | 0.122 | 0.092 | 132 | 147 |
| 2018 | 0.115 | 0.100 | 124 | 146 |
| 2019 | 0.133 | 0.087 | 124 | 147 |
| 2020 | 0.198 | 0.067 | 117 | 137 |
| 2021 | 0.209 | 0.069 | 119 | 153 |
| 2022 | 0.175 | 0.081 | 128 | 143 |
| 2023 | 0.232 | 0.086 | 120 | 147 |
| 2024 | 0.159 | 0.068 | 131 | 143 |
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