Benin (BEN) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Benin-Guinea Trade: In 2022, Benin exported $1.23M to Guinea. The main products that Benin exported to Guinea were Packaged Medicaments ($937k), Fruit Juice ($127k), and Raw Plastic Sheeting ($66.6k). Over the past 5 years the exports of Benin to Guinea have decreased at an annualized rate of 5.48%, from $1.63M in 2017 to $1.23M in 2022.

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

Guinea-Benin Trade: In 2022, Guinea exported $12.9k to Benin. The main products that Guinea exported to Benin were Used Clothing ($4.02k), Electric Batteries ($2.72k), and Tractors ($2.69k). Over the past 5 years the exports of Guinea to Benin have decreased at an annualized rate of 51.5%, from $983k in 2017 to $12.9k in 2022.

In 2022, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $1.23M to Guinea. The main products exported from Benin to Guinea were Packaged Medicaments ($937k), Fruit Juice ($127k), and Raw Plastic Sheeting ($66.6k). During the last 5 years the exports of Benin to Guinea have decreased at an annualized rate of 5.48%, from $1.63M in 2017 to $1.23M in 2022.

In 2017, Guinea exported $12.9k to Benin. The main products exported from Guinea to Benin were Used Clothing ($4.02k), Electric Batteries ($2.72k), and Tractors ($2.69k). During the last 5 years the exports of Guinea to Benin have decreased at an annualized rate of 51.5%, from $983k in 2022 to $12.9k in 2017.

Exports from Benin () to Guinea () (2022)

Exports from Guinea () to Benin () (2022)

Latest Data

Trade between Benin () and Guinea ()

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Benin than Guinea included Bangladesh ($406M), Egypt ($41.7M), and Togo ($35.9M).

In 2022, countries that imported more from Guinea than Benin included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

Difference in imports from Guinea () and Benin () (2022)

Comparative Advantage Benin - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Guinea in the exports of Chemical Products ($937k), Foodstuffs ($127k), and Plastics and Rubbers ($67.6k).

During 2017, Guinea had a large net trade with Benin in the exports of Textiles ($5.22k), Machines ($4.64k), and Transportation ($2.69k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Guinea+$30.8kUsed Clothing

Top Product Potential Guinea Benin+$4.65kElectric Batteries

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Guinea () (2022)

Exports from Guinea () to Benin () (2022)

Latest Data

Trade between Benin () and Guinea ()

Benin Exports

Market Competitiveness

Difference in imports from Guinea () and Benin () (2022)

Comparative Advantage Benin - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Benin () and Guinea () (2022)

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