Goods imports as a part of balance payment reached 3.07 USD bil in 2017 in Benin, according to the National Statistical Office. This is 25.5 % more than in the previous year.
Historically, goods imports as a part of balance payment in Benin reached an all time high of 3.27 USD bil in 2014 and an all time low of 0.148 USD bil in 1974. When compared to Benin's main peers, goods imports as a part of balance payment in Burkina Faso amounted to 3.25 USD bil, 1.95 USD bil in Niger, 32.6 USD bil in Nigeria and 1.66 USD bil in Togo in 2017.
Benin has been ranked 133rd within the group of 156 countries we follow in terms of goods imports as a part of balance payment, 4 places above the position seen 10 years ago.
Goods imports refer to all movable goods (including non-monetary gold) involved in a change of ownership from non-residents to residents.
|Goods Imports (BoP, USD)||Unit||2009||2010||2011||2012||2013||2014||2015||2016||2017|
|Burkina Faso||USD bil||2.37||2.66||3.33||3.02||2.60|
|Ivory Coast||USD bil||6.67||9.06||9.06||9.09||8.56|