Ghana (GHA) and Benin (BEN) Trade | The Observatory of Economic Complexity

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Ghana-Benin Trade: In 2022, Ghana exported $42.2M to Benin. The main products that Ghana exported to Benin were Electricity ($7.14M), Unglazed Ceramics ($4.04M), and Large Construction Vehicles ($3.83M). Over the past 5 years the exports of Ghana to Benin have increased at an annualized rate of 4.34%, from $34.1M in 2017 to $42.2M in 2022.

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

Benin-Ghana Trade: In 2022, Benin exported $1.83M to Ghana. The main products that Benin exported to Ghana were Gold ($596k), Other Vegetable Residues ($304k), and Fermented Milk Products ($292k). Over the past 5 years the exports of Benin to Ghana have decreased at an annualized rate of 12.1%, from $3.97M in 2017 to $1.83M in 2022.

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

Comparison: In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ghana exported $42.2M to Benin. The main products exported from Ghana to Benin were Electricity ($7.14M), Unglazed Ceramics ($4.04M), and Large Construction Vehicles ($3.83M). During the last 5 years the exports of Ghana to Benin have increased at an annualized rate of 4.34%, from $34.1M in 2017 to $42.2M in 2022.

In 2017, Benin exported $1.83M to Ghana. The main products exported from Benin to Ghana were Gold ($596k), Other Vegetable Residues ($304k), and Fermented Milk Products ($292k). During the last 5 years the exports of Benin to Ghana have decreased at an annualized rate of 12.1%, from $3.97M in 2022 to $1.83M in 2017.

Exports from Ghana () to Benin () (2022)

Exports from Benin () to Ghana () (2022)

Latest Data

Trade between Ghana () and Benin ()

Ghana Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Ghana than Benin included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

In 2022, countries that imported more from Benin than Ghana included Bangladesh ($406M), Egypt ($41.7M), and Pakistan ($35.2M).

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

Comparative Advantage Ghana - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Benin in the exports of Mineral Products ($12M), Machines ($4.73M), and Transportation ($4.47M).

During 2017, Benin had a large net trade with Ghana in the exports of Precious Metals ($596k), Foodstuffs ($349k), and Animal Products ($321k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Benin+$1.42MRefined Petroleum

Top Product Potential Benin Ghana+$198kLight Pure Woven Cotton

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Benin () (2022)

Exports from Benin () to Ghana () (2022)

Latest Data

Trade between Ghana () and Benin ()

Ghana Exports

Benin Exports

Market Competitiveness

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

Comparative Advantage Ghana - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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