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Pricing

2022
Flag → Flag
Exports $98.9MRnk 115 / 224
2022
Flag → Flag
Top Product $28.8MLight Pure Woven Cotton
2022
Flag → Flag
Exports $6.63MRnk 21 / 128
2022
Flag → Flag
Top Product $2.41MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Netherlands-Benin Trade: In 2022, Netherlands exported $98.9M to Benin. The main products that Netherlands exported to Benin were Light Pure Woven Cotton ($28.8M), Poultry Meat ($15M), and Concentrated Milk ($6.83M). Over the past 5 years the exports of Netherlands to Benin have increased at an annualized rate of 0.026%, from $98.8M in 2017 to $98.9M in 2022.

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

Benin-Netherlands Trade: In 2022, Benin exported $6.63M to Netherlands. The main products that Benin exported to Netherlands were Refined Petroleum ($2.41M), Cranes ($1.15M), and Other Pure Vegetable Oils ($1.04M). Over the past 5 years the exports of Benin to Netherlands have decreased at an annualized rate of 13.7%,  from $13.8M in 2017 to $6.63M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €11M and imported €1M from Benin, resulting in a positive trade balance of €10M. Between October 2021 and October 2022 the exports of Netherlands have increased by €7M (175%) from €4M to €11M, while imports increased by €1M (N/A%) from €0 to €1M.

Trade In October 2022, the top exports of Netherlands to Benin were Cotton fabrics, woven (not including narrow... (€2M) and Milk and cream and milk products... (€1M). In October 2022 the top imports of Netherlands from Benin were .

Growth In October 2022, the increase in Netherlands's year-by-year exports to Benin was explained primarily by an increase in product exports in . In October 2021, the increase in Netherlands's year-by-year imports  from Benin was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2021 - October 2022)€7M(175%)
IMPORT GROWTH (October 2020 - October 2021)€1M(N/A%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Benin and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Benin and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $98.9M to Benin. The main products exported from Netherlands to Benin were Light Pure Woven Cotton ($28.8M), Poultry Meat ($15M), and Concentrated Milk ($6.83M). During the last 5 years the exports of Netherlands to Benin have increased at an annualized rate of 0.026%, from $98.8M in 2017 to $98.9M in 2022.

In 2017, Benin exported $6.63M to Netherlands. The main products exported from Benin to Netherlands were Refined Petroleum ($2.41M), Cranes ($1.15M), and Other Pure Vegetable Oils ($1.04M). During the last 5 years the exports of Benin to Netherlands have decreased at an annualized rate of 13.7%, from $13.8M in 2022 to $6.63M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Netherlands than Benin included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Benin than Netherlands included Norfolk Island ($40.1k).

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

Comparative Advantage Netherlands - Benin

Flow
Scale

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

During 2022, Netherlands had a large net trade with Benin in the exports of Textiles ($29.5M), Animal Products ($29.1M), and Machines ($10.4M).

During 2017, Benin had a large net trade with Netherlands in the exports of Mineral Products ($2.41M), Machines ($1.46M), and Animal and Vegetable Bi-Products ($1.04M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Benin+$10MRefined Petroleum
Top Product Potential Benin Netherlands+$799kSoybeans

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

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

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