2022
Flag  
GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC 
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Benin-Algeria Trade: In 2022, Benin exported $4.84M to Algeria. The main products that Benin exported to Algeria were Raw Cotton ($4.84M) and Coconuts, Brazil Nuts, and Cashews ($9). Over the past 6 years the exports of Benin to Algeria have increased at an annualized rate of 157%, from $16.8k in 2016 to $4.84M in 2022.

In 2022, Benin did not export any services to Algeria.

Algeria-Benin Trade: In 2022, Algeria exported $3.35M to Benin. The main products that Algeria exported to Benin were Cement ($1.71M), Petroleum Gas ($1.12M), and Pasta ($130k). Over the past 6 years the exports of Algeria to Benin have increased at an annualized rate of 10.9%,  from $2M in 2016 to $3.35M in 2022.

In 2022, Algeria did not export any services to Benin.

Comparison: In 2022,  Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). That same year, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Benin exported $4.84M to Algeria. The main products exported from Benin to Algeria were Raw Cotton ($4.84M) and Coconuts, Brazil Nuts, and Cashews ($9). During the last 6 years the exports of Benin to Algeria have increased at an annualized rate of 157%, from $16.8k in 2016 to $4.84M in 2022.

In 2017, Algeria exported $3.35M to Benin. The main products exported from Algeria to Benin were Cement ($1.71M), Petroleum Gas ($1.12M), and Pasta ($130k). During the last 5 years the exports of Algeria to Benin have increased at an annualized rate of 10.9%, from $2M in 2022 to $3.35M in 2017.

Exports from Benin (Flag) to Algeria (Flag) (2022)

Exports from Algeria (Flag) to Benin (Flag) (2022)

Latest Data

Trade between Benin (Flag) and Algeria (Flag)

Benin Exports

Algeria Exports

Market Competitiveness

Color
Benin
Top Destination
India$448M
Algeria
Top Destination
Italy$16.9B

This map shows whether countries import more from Benin or Algeria. Each country is colored based on the difference in imports they receive from Benin and Algeria or the difference in the growth in imports.

In 2022, countries that imported more from Benin than Algeria included Bangladesh ($406M), United Arab Emirates ($382M), and Togo ($35.9M).

In 2022, countries that imported more from Algeria than Benin included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

Difference in imports from Algeria (Flag) and Benin (Flag) (2022)

Comparative Advantage Benin - Algeria

Flow
Scale

This chart compares trade between Benin and Algeria by product, considering products traded by both, Benin and Algeria.

During 2022, Benin had a large net trade with Algeria in the exports of Textiles ($4.84M) and Vegetable Products ($9).

During 2017, Algeria had a large net trade with Benin in the exports of Mineral Products ($3.02M), Foodstuffs ($139k), and Animal and Vegetable Bi-Products ($107k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Algeria+$978kRaw Cotton
Top Product Potential Algeria Benin+$1.64MPetroleum Gas

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Benin and Algeria. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Benin.

Product Space of Benin (Flag) and Algeria (Flag) (2022)

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