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Goods Imports (BoP, USD) fell 9.97% to USD 3.15 bil in Benin in 2020

Goods Imports (BoP, USD) (USD bil), 2020
Economy | Benin | February 1, 2023
$2.99
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Goods imports as a part of balance payment fell 9.97% to USD 3.15 bil in Benin in 2020, according to the National Statistical Office.

Historically, goods imports as a part of balance payment in Benin reached an all time high of USD 3.90 bil in 2018 and an all time low of USD 0.148 bil in 1974. When compared to Benin's main peers, goods imports as a part of balance payment in Burkina Faso amounted to USD 3.52 bil, USD 2.47 bil in Niger, USD 52.3 bil in Nigeria and USD 1.95 bil in Togo in 2020.

Benin has been ranked 128th within the group of 155 countries we follow in terms of goods imports as a part of balance payment, 14 places above the position seen 10 years ago.

Goods Imports (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 ... ... ... ... 52.3 49.3 48.8 48.3 44.3
Benin USD bil 2.92 2.95 3.32 3.90 3.50 ...
Burkina Faso USD bil ... ... ... ... 2.61 2.83 3.26 3.66 3.56 ...
Cameroon USD bil 5.59 4.83 4.83 5.72 6.26
Chad USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Ghana USD bil 13.5 12.9 12.6 13.1 13.4
Ivory Coast USD bil ... ... ... ... 8.57 7.82 8.51 9.71 9.48 ...
Libya USD bil 16.4 8.67 10.6 13.8 17.7 ...
Mali USD bil 3.19 3.41 3.61 3.97 4.31 ...
Niger USD bil 1.98 1.72 1.96 2.28 2.33 ...
Nigeria USD bil 52.3 35.2 32.7 40.8 62.1
Togo USD bil 2.04 2.00 1.66 1.86 1.81 ...