Benin (BEN) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Benin-Kuwait Trade: In 2022, Benin exported $3.07M to Kuwait. The main products that Benin exported to Kuwait were Refined Petroleum ($3.04M), Other Animals ($18.2k), and Tropical Fruits ($10.8k). Over the past 5 years the exports of Benin to Kuwait have increased at an annualized rate of 221%, from $9k in 2017 to $3.07M in 2022.

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

Kuwait-Benin Trade: In 2022, Kuwait exported $34.3M to Benin. The main products that Kuwait exported to Benin were Refined Petroleum ($28.5M), Cars ($4.26M), and Work Trucks ($427k). Over the past 5 years the exports of Kuwait to Benin have increased at an annualized rate of 148%, from $367k in 2017 to $34.3M in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $3.07M to Kuwait. The main products exported from Benin to Kuwait were Refined Petroleum ($3.04M), Other Animals ($18.2k), and Tropical Fruits ($10.8k). During the last 5 years the exports of Benin to Kuwait have increased at an annualized rate of 221%, from $9k in 2017 to $3.07M in 2022.

In 2017, Kuwait exported $34.3M to Benin. The main products exported from Kuwait to Benin were Refined Petroleum ($28.5M), Cars ($4.26M), and Work Trucks ($427k). During the last 5 years the exports of Kuwait to Benin have increased at an annualized rate of 148%, from $367k in 2022 to $34.3M in 2017.

Exports from Benin () to Kuwait () (2022)

Exports from Kuwait () to Benin () (2022)

Latest Data

Trade between Benin () and Kuwait ()

Benin Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Benin than Kuwait included Bangladesh ($406M), Chad ($28M), and Niger ($16.9M).

In 2022, countries that imported more from Kuwait than Benin included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Benin - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Kuwait in the exports of Mineral Products ($3.04M), Animal Products ($18.2k), and Vegetable Products ($10.8k).

During 2017, Kuwait had a large net trade with Benin in the exports of Mineral Products ($28.5M), Transportation ($5.38M), and Chemical Products ($316k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Kuwait+$29.8kTropical Fruits

Top Product Potential Kuwait Benin+$3.67MRefined Petroleum

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 Kuwait. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Benin.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Kuwait () (2022)

Exports from Kuwait () to Benin () (2022)

Latest Data

Trade between Benin () and Kuwait ()

Benin Exports

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Benin - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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