Indonesia (IDN) and Benin (BEN) Trade | The Observatory of Economic Complexity

About

Indonesia-Benin Trade: In 2022, Indonesia exported $192M to Benin. The main products that Indonesia exported to Benin were Palm Oil ($175M), Uncoated Paper ($6.31M), and Processed Fish ($3.27M). Over the past 5 years the exports of Indonesia to Benin have decreased at an annualized rate of 1.03%, from $202M in 2017 to $192M in 2022.

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

Benin-Indonesia Trade: In 2022, Benin exported $5.38M to Indonesia. The main products that Benin exported to Indonesia were Raw Cotton ($5.38M) and Motor vehicles; parts and accessories (8701 to 8705) ($58). Over the past 5 years the exports of Benin to Indonesia have decreased at an annualized rate of 9.92%, from $10.1M in 2017 to $5.38M in 2022.

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

Comparison: In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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, Indonesia exported $192M to Benin. The main products exported from Indonesia to Benin were Palm Oil ($175M), Uncoated Paper ($6.31M), and Processed Fish ($3.27M). During the last 5 years the exports of Indonesia to Benin have decreased at an annualized rate of 1.03%, from $202M in 2017 to $192M in 2022.

In 2017, Benin exported $5.38M to Indonesia. The main products exported from Benin to Indonesia were Raw Cotton ($5.38M) and Motor vehicles; parts and accessories (8701 to 8705) ($58). During the last 5 years the exports of Benin to Indonesia have decreased at an annualized rate of 9.92%, from $10.1M in 2022 to $5.38M in 2017.

Exports from Indonesia () to Benin () (2022)

Exports from Benin () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Benin ()

Indonesia Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$67.7B

Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Indonesia than Benin included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2022, countries that imported more from Benin than Indonesia included Chad ($28M), Niger ($16.9M), and Norfolk Island ($40.1k).

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

Comparative Advantage Indonesia - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Indonesia had a large net trade with Benin in the exports of Animal and Vegetable Bi-Products ($175M), Paper Goods ($8.17M), and Foodstuffs ($3.32M).

During 2017, Benin had a large net trade with Indonesia in the exports of Textiles ($5.38M) and Transportation ($58).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Benin+$1.15MMotorcycles and cycles

Top Product Potential Benin Indonesia+$6.84MRaw 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Benin () (2022)

Exports from Benin () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Benin ()

Indonesia Exports

Benin Exports

Market Competitiveness

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

Comparative Advantage Indonesia - Benin

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring