2022
Exports | Imports
$6.2M | $22.5MWorld Rnk 34 / 91
Flag Rnk 14 / 656
World Rnk 37 / 169
Flag Rnk 54 / 1046
2022
PRODUCT COMPLEXITY IN Steel Bars
0.61Rnk 334 / 1025

About

Exports In 2022, Benin exported $6.2M in Steel Bars, making it the 34th largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 14th most exported product in Benin. The main destination of Steel Bars exports from Benin are: Chad ($5.74M), Niger ($351k), and China ($114k).

The fastest growing export markets for Steel Bars of Benin between 2021 and 2022 were Niger ($191k).

Imports In 2022, Benin imported $22.5M in Steel Bars, becoming the 37th largest importer of Steel Bars in the world. At the same year, Steel Bars was the 54th most imported product in Benin. Benin imports Steel Bars primarily from: China ($10.4M), United Arab Emirates ($7.24M), and Ukraine ($4.93M).

The fastest growing import markets in Steel Bars for Benin between 2021 and 2022 were United Arab Emirates ($7.24M) and China ($947k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Steel Bars from Benin to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Steel Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.2M
IMPORTS (2022)$22.5M
NET TRADE (2022)-$16.3M

In 2022, Benin exported $6.2M in Steel Bars. The main destinations of Benin exports on Steel Bars were Chad ($5.74M), Niger ($351k), and China ($114k).

In 2022, Benin imported $22.5M in Steel Bars, mainly from China ($10.4M), United Arab Emirates ($7.24M), and Ukraine ($4.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Benin WERE (2021 - 2022):Niger$191k (118%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Benin WERE (2021 - 2022):
Chad-$917k (-13.8%)
China-$153k (-57.2%)
Turkey-$104k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Benin's main exporting competitors in Steel Bars were:
In 2022, Benin's main importing competitors in Steel Bars were:

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Trade Value of Steel Bars by Exporters

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