Goods exports as a part of the balance of payment fell 1.98% to USD 3.00 bil in Benin in 2020, according to the National Statistical Office.
Historically, goods exports as a part of the balance of payment in Benin reached an all time high of USD 3.34 bil in 2018 and an all time low of USD 0.086 bil in 1976. When compared to Benin's main peers, goods exports as a part of the balance of payment in Burkina Faso amounted to USD 4.85 bil, USD 1.12 bil in Niger, USD 35.9 bil in Nigeria and USD 1.21 bil in Togo in 2020.
Benin has been ranked 118th within the group of 155 countries we follow in terms of goods exports as a part of the balance of payment, 11 places above the position seen 10 years ago.
Goods Exports (BoP, USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Algeria | USD bil | ... | ... | ... | ... | 34.4 | 29.3 | 34.6 | 41.1 | 35.3 | ||||||||||||
Benin | USD bil | 2.39 | 2.84 | 2.98 | 3.34 | 3.06 | ... | |||||||||||||||
Burkina Faso | USD bil | ... | ... | ... | ... | 2.36 | 2.83 | 3.25 | 3.95 | 3.93 | ... | |||||||||||
Cameroon | USD bil | 5.22 | 4.59 | 4.60 | 5.18 | 5.53 | ||||||||||||||||
Chad | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Ghana | USD bil | 10.3 | 11.1 | 13.8 | 14.9 | 15.7 | ||||||||||||||||
Ivory Coast | USD bil | ... | ... | ... | ... | 11.7 | 10.9 | 11.9 | 11.9 | 12.6 | ... | |||||||||||
Libya | USD bil | 10.9 | 6.76 | 18.9 | 29.8 | 29.1 | ... | |||||||||||||||
Mali | USD bil | 2.72 | 2.83 | 2.90 | 3.59 | 3.68 | ... | |||||||||||||||
Niger | USD bil | 1.09 | 1.03 | 1.21 | 1.20 | 1.13 | ... | |||||||||||||||
Nigeria | USD bil | 45.9 | 34.7 | 45.8 | 61.2 | 65.0 | ||||||||||||||||
Togo | USD bil | 1.01 | 1.04 | 1.02 | 1.08 | 1.06 | ... |