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Pricing

2022
Flag → Flag
Exports $101MRnk 108 / 218
2022
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Top Product $21.8MPoultry Meat
2022
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Exports $863kRnk 44 / 128
2022
Flag → Flag
Top Product $225kCopper Wire
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
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GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
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GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Spain-Benin In 2022, Spain exported $101M to Benin. The main products that Spain exported to Benin are Poultry Meat ($21.8M), Refined Petroleum ($9.59M), and Unglazed Ceramics ($8.17M). During the last 27 years the exports of Spain to Benin have increased at an annualized rate of 7.08%, from $16M in 1995 to $101M in 2022.

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

Benin-Spain In 2022, Benin exported $863k to Spain. The main products that Benin exported to Spain were Copper Wire ($225k), Refined Petroleum ($155k), and Cassava ($120k). During the last 27 years the exports of Benin to Spain have decreased at an annualized rate of 8.34%, from $9.07M in 1995 to $863k in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). That same year, Benin ranked 149 in total exports ($1.67B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €4.16M and imported €61.3k from Benin, resulting in a positive trade balance of €4.1M. Between January 2023 and January 2024 the exports of Spain have decreased by €-4.78M (-53.5%) from €8.94M to €4.16M, while imports increased by €47.1k (333%) from €14.2k to €61.3k.

Trade In January 2024, the top exports of Spain to Benin were Planes, Helicopters, and/or Spacecraft (€5.1M), Poultry Meat (€2.08M), Unglazed Ceramics (€577k), Light Fixtures (€400k), and Wine (€161k). In January 2024 the top imports of Spain from Benin were Preserved Vegetables (€14.1k) and Commodities not elsewhere specified (€10).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€728k), Madrid (€620k), Almería (€418k), Murcia (€362k), and Valencia (€312k), while imports destinations were mainly Barcelona (€61k) and Cádiz (€99.1).

Growth In January 2024, the decrease in Spain's year-by-year exports to Benin was explained primarily by an decrease in product exports in Poultry Meat (€-155k or -6.92%), Centrifuges (€-97.4k or -59.9%), and Plastic Pipes (€-36.7k or -98.7%). In January 2024, the increase in Spain's year-by-year imports  from Benin was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-4.78M(-53.5%)
IMPORT GROWTH (January 2023 - January 2024)€47.1k(333%)
MAIN EXPORTER (January 2024)Barcelona€728k

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $101M to Benin. The main products exported from Spain to Benin were Poultry Meat ($21.8M), Refined Petroleum ($9.59M), and Unglazed Ceramics ($8.17M). During the last 27 years the exports of Spain to Benin have increased at an annualized rate of 7.08%, from $16M in 1995 to $101M in 2022.

In 2022, Benin exported $863k to Spain. The main products exported from Benin to Spain were Copper Wire ($225k), Refined Petroleum ($155k), and Cassava ($120k). During the last 27 years the exports of Benin to Spain have decreased at an annualized rate of 8.34%, from $9.07M in 1995 to $863k in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Benin
Top DestinationIndia$448M

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

In 2021, countries that imported more from Spain than Benin were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Benin than Spain were Bangladesh ($406M), Chad ($28M), and Niger ($16.9M).

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

Comparative Advantage Spain - Benin

Flow
Scale

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

During 2022, Spain had a large net trade with Benin in the exports of Animal Products ($23.5M), Mineral Products ($20.5M), and Machines ($19.9M).

During 2022, Benin had a large net trade with Spain in the exports of Metals ($352k), Vegetable Products ($169k), and Mineral Products ($156k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Benin. Similarly, the more yellow a dot/product is, the more Benin has comparative advantage over Spain.

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

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