Benin recorded a trade deficit of 190.39 CFA Franc Billion in the first quarter of 2018. Balance of Trade in Benin averaged -174.39 CFA Franc Billion from 2003 until 2018, 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.

Balance of Trade in Benin is expected to be -268.23 CFA Franc Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Benin to stand at -294.34 in 12 months time. In the long-term, the Benin Balance of Trade is projected to trend around -296.93 CFA Franc Billion in 2020, according to our econometric models.


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Benin Balance of Trade
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Benin Trade Last Previous Highest Lowest Unit
Balance of Trade -190.39 -407.78 -8.30 -679.56 CFA Franc Billion [+]
Exports 147.15 82.05 177.14 0.80 CFA Franc Billion [+]
Imports 337.54 489.83 744.61 27.40 CFA Franc Billion [+]
Current Account -808.74 -744.72 10.55 -884.91 USD Million [+]
Current Account to GDP -11.00 -9.60 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-190.39 -407.78 -8.30 -679.56 2003 - 2018 CFA Franc Billion Quarterly




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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