Benin recorded a trade deficit of 164.98 CFA Franc Billion in the second quarter of 2019. Balance of Trade in Benin averaged -188.60 CFA Franc Billion from 2003 until 2019, 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 -248.70 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 -320.00 in 12 months time. In the long-term, the Benin Balance of Trade is projected to trend around -335.00 CFA Franc Billion in 2020, according to our econometric models.

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Benin Balance of Trade
Benin Trade Last Previous Highest Lowest Unit
Balance of Trade -164.98 -363.77 -8.30 -679.56 CFA Franc Billion [+]
Current Account -927.31 -808.84 10.55 -927.31 USD Million [+]
Current Account to GDP -10.80 -11.20 0.66 -29.75 percent [+]
Imports 349.28 514.33 744.61 27.40 CFA Franc Billion [+]
Exports 184.30 150.56 184.30 0.80 CFA Franc Billion [+]
Terrorism Index 0.00 0.00 0.46 0.00 [+]


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 December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-164.98 -363.77 -8.30 -679.56 2003 - 2019 CFA Franc Billion Quarterly




Country Last Previous
Argentina 1768.00 Oct/19 1744
Australia 4502.00 Oct/19 6847
Brazil 3428.00 Nov/19 1206
Canada -1078.50 Oct/19 -1229
China 387.30 Nov/19 430
Euro Area 18653.90 Sep/19 14277
France -4730.00 Oct/19 -5418
Germany 21138.00 Sep/19 16448
India -11010.00 Oct/19 -10860
Indonesia 161.30 Oct/19 -164
Italy 2779.30 Sep/19 2598
Japan 17.27 Oct/19 -125
Mexico -726.62 Oct/19 -116
Netherlands 5310.00 Sep/19 3807
Russia 14150.00 Sep/19 12010
Saudi Arabia 127500.00 Jun/19 131654
Singapore 3783.84 Oct/19 3832
South Africa 3092.84 Oct/19 4533
South Korea 3370.00 Nov/19 5393
Spain -4262520.00 Sep/19 -3984934
Switzerland 2389.21 Oct/19 3046
Turkey -1808.39 Oct/19 -2070
United Kingdom -3360.00 Sep/19 -1760
United States -47199.00 Oct/19 -51100


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