Goods Imports (BoP, USD) rose 25.450159347374% to USD 3.07 bil in Benin in 2017

Goods Imports (BoP, USD) (USD bil)
Economy | Benin | June 1, 2019
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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
Algeria USD bil 46.8 51.5 54.9 59.5 52.3
Benin USD bil 1.80 2.00 2.59 3.27 2.19
Burkina Faso USD bil 2.37 2.66 3.33 3.02 2.60
Cameroon USD bil 6.23 6.03 6.28 7.01 5.59
Chad USD bil ... ... ... ... ... ... ... ... ...
Ghana USD bil 15.8 17.8 17.6 14.6 13.5
Ivory Coast USD bil 6.67 9.06 9.06 9.09 8.56
Libya USD bil 11.2 25.6 34.0 30.4 16.4 ...
Mali USD bil 2.72 2.89 3.12 3.29 3.19
Niger USD bil 2.19 1.90 2.02 2.19 1.98
Nigeria USD bil 66.2 56.9 54.9 61.0 53.9
Togo USD bil 2.02 1.85 2.39 2.21 2.04