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Benin Trade Balance 1960-2024

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Benin trade balance for 2023 was $-1.76B, a 32.68% increase from 2022.
  • Benin trade balance for 2022 was $-1.33B, a 20.86% increase from 2021.
  • Benin trade balance for 2021 was $-1.10B, a 37.77% increase from 2020.
  • Benin trade balance for 2020 was $-0.80B, a 25.48% increase from 2019.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Guinea $2.21B
Guinea-Bissau $-0.20B
Comoros $-0.30B
Central African Republic $-0.37B
Burundi $-0.50B
Chad $-0.60B
Gambia $-0.69B
Sierra Leone $-1.02B
Madagascar $-1.05B
Togo $-1.25B
Burkina Faso $-1.44B
Tanzania $-1.71B
Benin $-1.76B
Democratic Republic of Congo $-1.84B
Mali $-2.01B
Rwanda $-2.13B
Niger $-2.15B
Haiti $-4.02B
Uganda $-5.15B
Senegal $-5.68B
Somalia $-6.87B
Nepal $-11.34B
Ethiopia $-12.11B
Benin Trade Balance - Historical Data
Year Billions of US $ % of GDP
2023 $-1.76B -8.96%
2022 $-1.33B -7.63%
2021 $-1.10B -6.22%
2020 $-0.80B -5.09%
2019 $-0.64B -4.42%
2018 $-1.03B -7.25%
2017 $-0.90B -7.07%
2016 $-0.45B -3.77%
2015 $-0.83B -7.32%
2014 $-0.32B -2.41%
2013 $-0.51B -4.06%
2012 $-0.33B -2.94%
2011 $-0.59B -5.52%
2010 $-0.50B -5.29%
2009 $-0.47B -4.85%
2008 $-0.34B -3.49%
2007 $-0.41B -5.03%
2006 $-0.26B -3.66%
2005 $-0.14B -2.13%
2004 $-0.18B -2.88%
2003 $-0.23B -4.33%
2002 $-0.18B -4.32%
2001 $-0.31B -8.52%
2000 $-0.22B -6.14%
1999 $-0.31B -8.37%
1998 $-0.13B -5.41%
1997 $-0.10B -4.36%
1996 $-0.08B -3.52%
1995 $-0.20B -9.06%
1994 $-0.12B -7.75%
1993 $-0.24B -10.45%
1992 $-0.17B -10.26%
1991 $-0.19B -9.34%
1990 $-0.14B -7.36%
1989 $-0.17B -11.31%
1988 $-0.30B -18.28%
1987 $-0.25B -15.68%
1986 $-0.21B -15.94%
1985 $-0.14B -13.00%
1984 $-0.12B -11.35%
1983 $-0.20B -17.81%
1982 $-0.28B -22.32%
1981 $-0.36B -28.03%
1980 $-0.30B -21.51%
1979 $-0.23B -19.51%
1978 $-0.17B -18.02%
1977 $-0.14B -18.60%
1976 $-0.13B -18.04%
1975 $-0.13B -18.88%
1974 $-0.08B -15.18%
1973 $-0.05B -10.29%
1972 $-0.05B -12.42%
1971 $-0.03B -10.05%
1970 $-0.03B -9.28%
1969 $-0.03B -9.66%
1968 $-0.03B -9.74%
1967 $-0.04B -12.11%
1966 $-0.03B -9.35%
1965 $-0.02B -7.64%
1964 $-0.02B -7.11%
1963 $-0.02B -7.80%
1962 $-0.02B -6.44%
1961 $-0.01B -4.95%
1960 $-0.01B -5.99%