2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186

About

Israel-Benin Trade: In 2022, Israel exported $2.62M to Benin. The main products that Israel exported to Benin were Pesticides ($840k), Broadcasting Equipment ($780k), and Binoculars and Telescopes ($446k). Over the past 5 years the exports of Israel to Benin have decreased at an annualized rate of 25.8%, from $11.6M in 2017 to $2.62M in 2022.

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

Benin-Israel Trade: In 2022, Benin exported $51k to Israel. The main products that Benin exported to Israel were Other Oily Seeds ($26.7k), Cars ($16.4k), and Non-Knit Babies' Garments ($2.54k). Over the past 5 years the exports of Benin to Israel have decreased at an annualized rate of 48.8%,  from $1.45M in 2017 to $51k in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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
Value

In 2022, Israel exported $2.62M to Benin. The main products exported from Israel to Benin were Pesticides ($840k), Broadcasting Equipment ($780k), and Binoculars and Telescopes ($446k). During the last 5 years the exports of Israel to Benin have decreased at an annualized rate of 25.8%, from $11.6M in 2017 to $2.62M in 2022.

In 2017, Benin exported $51k to Israel. The main products exported from Benin to Israel were Other Oily Seeds ($26.7k), Cars ($16.4k), and Non-Knit Babies' Garments ($2.54k). During the last 5 years the exports of Benin to Israel have decreased at an annualized rate of 48.8%, from $1.45M in 2022 to $51k in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Benin (Flag)

Israel Exports

Date

Benin Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Benin
Top Destination
India$448M

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

In 2022, countries that imported more from Israel than Benin included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from Benin than Israel included Bangladesh ($406M), Pakistan ($35.2M), and Chad ($28M).

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

Comparative Advantage Israel - Benin

Flow
Scale

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

During 2022, Israel had a large net trade with Benin in the exports of Machines ($1.17M), Chemical Products ($841k), and Instruments ($447k).

During 2017, Benin had a large net trade with Israel in the exports of Vegetable Products ($26.7k), Transportation ($16.4k), and Textiles ($5.07k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Benin+$507kPesticides
Top Product Potential Benin Israel+$77.5kOther Oily Seeds

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

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

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