Benin Balance of Trade  2003-2018 | Data | Chart | Calendar | Forecast

Benin recorded a trade deficit of 420.96 CFA Franc Billion in the third quarter of 2017. Balance of Trade in Benin averaged -168.49 CFA Franc Billion from 2003 until 2017, reaching an all time high of -8.30 CFA Franc Billion in the second quarter of 2005 and a record low of -679.56 CFA Franc Billion in the third quarter of 2013.

Benin Balance of Trade
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Benin Trade Last Previous Highest Lowest Unit
Balance of Trade -420.96 -182.39 -8.30 -679.56 CFA Franc Billion [+]
Exports 70.59 166.12 177.14 0.80 CFA Franc Billion [+]
Imports 491.55 348.50 744.61 27.40 CFA Franc Billion [+]
Current Account -744.72 -884.91 10.55 -884.91 USD Million [+]
Current Account to GDP -7.10 -6.50 0.66 -29.75 percent [+]
Terrorism Index 0.00 0.00 0.46 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Benin Balance of Trade

Benin’s systemic trade deficit is the result of the country’s dependence on imports for energy needs and high value-added goods. Moreover, Benin’s exports of agricultural products such as cotton, cocoa and maze are highly vulnerable to the weather and price fluctuations. Main trading partner is China (20 percent of exports and 15 percent of imports). Others include: Thailand, Togo and India. This page provides the latest reported value for - Benin Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Benin Balance of Trade - actual data, historical chart and calendar of releases - was last updated on March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-420.96 -182.39 -8.30 -679.56 2003 - 2017 CFA Franc Billion Quarterly

balance of trade by Country
Country Last
Australia 1055.00 Jan/18
Brazil 4907.08 Feb/18
Canada -1910.00 Jan/18
China 337.40 Feb/18
Euro Area 3266.70 Jan/18
France -5560.00 Jan/18
Germany 17400.00 Jan/18
India -11979.21 Feb/18
Indonesia -116.00 Feb/18
Italy -87.35 Jan/18
Japan 3.41 Feb/18
Mexico -4408.00 Jan/18
Netherlands 3428.00 Jan/18
Russia 16991.00 Jan/18
South Korea 3300.00 Feb/18
Spain -2050000.00 Dec/17
Switzerland 3215.34 Feb/18
Turkey -9067.11 Jan/18
United Kingdom -3074.00 Jan/18
United States -56601.00 Jan/18