Exports of goods and services in Benin
Benin: Exports of goods and services was 4.51 billion BoP, current US$ in 2023. ◆ Volatile
Latest (2023)
4.51 billion BoP, current US$
Change on year
up 5.6%
World rank
138th
of 199 countries
All-time high
4.51 billion BoP, current US$
in 2023
All-time low
115.00 million BoP, current US$
in 1974
Years of data
50
1974–2023
Exports of goods and services in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Benin recorded 4.51 billion BoP, current US$ for exports of goods and services in 2023. That is the highest value across all 50 years on record.
That represents a change of up 5.6% on the previous year and up 80.7% over ten years.
Over the whole period, exports of goods and services in Benin peaked at 4.51 billion BoP, current US$ in 2023 and was at its lowest, 115.00 million BoP, current US$, in 1974.
That places Benin 138th out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 115.00 million BoP, current US$ | — |
| 1975 | 144.23 million BoP, current US$ | +25.4% |
| 1976 | 116.69 million BoP, current US$ | -19.1% |
| 1977 | 161.61 million BoP, current US$ | +38.5% |
| 1978 | 164.24 million BoP, current US$ | +1.6% |
| 1979 | 176.27 million BoP, current US$ | +7.3% |
| 1980 | 226.24 million BoP, current US$ | +28.4% |
| 1981 | 454.85 million BoP, current US$ | +101.0% |
| 1982 | 183.37 million BoP, current US$ | -59.7% |
| 1983 | 182.46 million BoP, current US$ | -0.5% |
| 1984 | 282.14 million BoP, current US$ | +54.6% |
| 1985 | 335.44 million BoP, current US$ | +18.9% |
| 1986 | 380.30 million BoP, current US$ | +13.4% |
| 1987 | 457.18 million BoP, current US$ | +20.2% |
| 1988 | 304.55 million BoP, current US$ | -33.4% |
| 1989 | 288.38 million BoP, current US$ | -5.3% |
| 1990 | 363.86 million BoP, current US$ | +26.2% |
| 1991 | 519.52 million BoP, current US$ | +42.8% |
| 1992 | 501.13 million BoP, current US$ | -3.5% |
| 1993 | 540.05 million BoP, current US$ | +7.8% |
| 1994 | 540.07 million BoP, current US$ | +0.0% |
| 1995 | 614.27 million BoP, current US$ | +13.7% |
| 1996 | 649.02 million BoP, current US$ | +5.7% |
| 1997 | 540.01 million BoP, current US$ | -16.8% |
| 1998 | 556.61 million BoP, current US$ | +3.1% |
| 1999 | 598.53 million BoP, current US$ | +7.5% |
| 2000 | 529.70 million BoP, current US$ | -11.5% |
| 2001 | 521.07 million BoP, current US$ | -1.6% |
| 2002 | 602.85 million BoP, current US$ | +15.7% |
| 2003 | 714.76 million BoP, current US$ | +18.6% |
| 2004 | 785.60 million BoP, current US$ | +9.9% |
| 2005 | 772.18 million BoP, current US$ | -1.7% |
| 2006 | 953.37 million BoP, current US$ | +23.5% |
| 2007 | 1.35 billion BoP, current US$ | +41.6% |
| 2008 | 1.64 billion BoP, current US$ | +21.2% |
| 2009 | 1.45 billion BoP, current US$ | -11.3% |
| 2010 | 1.66 billion BoP, current US$ | +14.4% |
| 2011 | 1.66 billion BoP, current US$ | +0.3% |
| 2012 | 1.88 billion BoP, current US$ | +12.8% |
| 2013 | 2.50 billion BoP, current US$ | +33.1% |
| 2014 | 3.05 billion BoP, current US$ | +22.0% |
| 2015 | 2.74 billion BoP, current US$ | -10.2% |
| 2016 | 3.19 billion BoP, current US$ | +16.6% |
| 2017 | 3.31 billion BoP, current US$ | +3.9% |
| 2018 | 3.85 billion BoP, current US$ | +16.1% |
| 2019 | 3.58 billion BoP, current US$ | -6.8% |
| 2020 | 3.51 billion BoP, current US$ | -2.2% |
| 2021 | 4.15 billion BoP, current US$ | +18.5% |
| 2022 | 4.27 billion BoP, current US$ | +2.8% |
| 2023 | 4.51 billion BoP, current US$ | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 146.34 million BoP, current US$ | 115.00 million BoP, current US$ | 176.27 million BoP, current US$ | 6 |
| 1980s | 309.49 million BoP, current US$ | 182.46 million BoP, current US$ | 457.18 million BoP, current US$ | 10 |
| 1990s | 542.31 million BoP, current US$ | 363.86 million BoP, current US$ | 649.02 million BoP, current US$ | 10 |
| 2000s | 931.78 million BoP, current US$ | 521.07 million BoP, current US$ | 1.64 billion BoP, current US$ | 10 |
| 2010s | 2.74 billion BoP, current US$ | 1.66 billion BoP, current US$ | 3.85 billion BoP, current US$ | 10 |
| 2020s | 4.11 billion BoP, current US$ | 3.51 billion BoP, current US$ | 4.51 billion BoP, current US$ | 4 |
Countries ranked near Benin
- 135 Gabon 5.39 billion BoP, current US$ compare
- 136 Djibouti 5.25 billion BoP, current US$ compare
- 137 Cayman Islands 5.04 billion BoP, current US$ compare
- 139 South Sudan 4.50 billion BoP, current US$ compare
- 140 Rwanda 4.28 billion BoP, current US$ compare
- 141 Madagascar 4.11 billion BoP, current US$ compare
More economy & growth data for Benin
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.03 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 9.82 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1466 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 243.18 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 9.82 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 86.7 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 143,771 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 17.12 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5006 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is exports of goods and services in Benin?
- Exports of goods and services in Benin was 4.51 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Benin?
- The highest recorded value was 4.51 billion BoP, current US$ in 2023.
- What is the lowest exports of goods and services recorded in Benin?
- The lowest recorded value was 115.00 million BoP, current US$ in 1974.
- How does Benin rank for exports of goods and services?
- Benin ranks 138th out of 199 countries with data for 2023.
- Is exports of goods and services rising or falling in Benin?
- Over the last ten years it is up 80.7%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.