USA-Benin Bilateral Trade Analysis 2023
Complete trade statistics: $372.26M total volume •USA surplus: $340.45M
USA → Benin
$356.36M
Exports (2023)
Benin → USA
$15.90M
Imports (2023)
Trade Balance
$340.45M
Surplus for USA
Total Trade
$372.26M
Combined Volume
Trade Flow Visualization
Direct trade relationship between USA and Benin. Green line shows exports from USA, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the USA-Benin commercial relationship and competitive positioning in global markets.
USA → Benin Exports
Export Market Intelligence
🎯 Strategic Export Focus
USA's export portfolio to Benin demonstrates strategic specialization, with fertilizers, mineral or chemical: phosphatic, superphosphates, other than containing by weight 35% or more of diphosphorus pentaoxide (p2o5) representing a key competitive advantage in this bilateral market.
Benin → USA Imports
Import Dependency Profile
📦 Import Strategy Analysis
USA's import pattern from Benin reveals significant dependencyin oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
USA demonstrates competitive strength in exportingfertilizers, mineral or chemical: phosphatic, superphosphates, other than containing by weight 35% or more of diphosphorus pentaoxide (p2o5) to Benin, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $372.26M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: USA-Benin Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $372.26 millionrepresenting a significant bilateral economic relationship
- Trade Balance: USA maintains a surplus of $340.45 million
- Export Focus: USA's primary exports include fertilizers, mineral or chemical: phosphatic, superphosphates, other than containing by weight 35% or more of diphosphorus pentaoxide (p2o5), fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
- Import Dependencies: Key imports from Benin include oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, nuts, edible: cashew nuts, fresh or dried, shelled, nuts, edible: almonds, fresh or dried, shelled
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $372.26M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with USA leveraging its comparative advantages in fertilizers, mineral or chemical: phosphatic, superphosphates, other than containing by weight 35% or more of diphosphorus pentaoxide (p2o5).
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
USA's specialization in fertilizers, mineral or chemical: phosphatic, superphosphates, other than containing by weight 35% or more of diphosphorus pentaoxide (p2o5)complements Benin's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $372.26M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $372.26M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $372.26 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fertilizers, mineral or chemical: phosphatic, superphosphates, other than containing by weight 35% or more of diphosphorus pentaoxide (p2o5) and oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
USA's trade surplus of $340.45 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between USA and Benin represents a total trade volume of $372.26 million in 2023. This partnership demonstrates a favorable trade balance for USA, with exports exceeding importsby $340.45 million.
Export Strengths
USA's exports to Benin total $356.36 million, with competitive advantages in fertilizers, mineral or chemical: phosphatic, superphosphates, other than containing by weight 35% or more of diphosphorus pentaoxide (p2o5), representing $64.70M or18.2% of bilateral exports.
Import Dependencies
Imports from Benin amount to $15.90 million, highlighting economic interdependence in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, with Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil comprising49.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates USA's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between USA and Benin in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023