Country intelligence · BEN · 2024

Benin trade profile

In 2024, Benin recorded $2.0B in merchandise exports and $4.4B in imports, producing a $2.4B trade deficit. Exports changed +16.4% from the previous year, while imports changed -15.4%.[1]

Exports

$2.0B

+16.4%

Imports

$4.4B

-15.4%

Trade balance

-$2.4B

deficit

Active partners

270

13 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$2.0B$4.4B-$2.4B+16.4%
2023$1.8B$5.3B-$3.5B+5.4%
2022$1.7B$5.5B-$3.9B-19.3%
2021$2.1B$4.8B-$2.7B+39.8%
2020$1.5B$3.6B-$2.2B-12.4%
2019$1.7B$5.1B-$3.4B+24.2%
2018$1.4B$5.5B-$4.2B-1.6%
2017$1.4B$5.2B-$3.9B+34.3%
2016$1.0B$5.0B-$4.0B-9.2%
2015$1.1B$7.1B-$6.0B-45.3%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 71 · Precious metals and stones

20 active HS6 lines · 21 export partners

$848.4M
2

HS 52 · HS chapter

64 active HS6 lines · 40 export partners

$525.8M
3

HS 12 · HS chapter

33 active HS6 lines · 44 export partners

$304.4M
4

HS 23 · HS chapter

16 active HS6 lines · 32 export partners

$100.2M
5

HS 08 · HS chapter

62 active HS6 lines · 64 export partners

$75.8M
6

HS 72 · HS chapter

128 active HS6 lines · 10 export partners

$35.4M
7

HS 15 · HS chapter

39 active HS6 lines · 32 export partners

$31.8M
8

HS 27 · Mineral fuels and oils

27 active HS6 lines · 25 export partners

$30.7M

Leading export markets

Destinations rank bilateral export flows from Benin; growth describes each corridor rather than the whole economy.

1

United Arab Emirates

Annual change +10.1% · 3-year CAGR 2.4%

$865.2M
2

Bangladesh

Annual change +22.8% · 3-year CAGR 4.0%

$480.8M
3

Pakistan

Annual change +158.0% · 3-year CAGR 49.5%

$125.0M
4

India

Annual change -23.6% · 3-year CAGR -23.8%

$113.6M
5

China

Annual change +30.1% · 3-year CAGR -20.3%

$108.8M
6

Denmark

Annual change +692.6% · 3-year CAGR 43.7%

$76.8M
7

United States

Annual change +309.3% · 3-year CAGR 86.9%

$48.7M
8

Chad

Annual change -3.9% · 3-year CAGR -1.2%

$35.3M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.