Goods imports in Benin
Benin: Goods imports was 4.65 billion BoP, current US$ in 2023. ◆ Volatile
Goods imports in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, goods imports in Benin stood at 4.65 billion BoP, current US$. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 6.7% on the previous year and up 79.2% over ten years.
Over the whole period, goods imports in Benin peaked at 4.65 billion BoP, current US$ in 2023 and was at its lowest, 148.26 million BoP, current US$, in 1974.
Benin ranks 140th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 148.26 million BoP, current US$ | — |
| 1975 | 205.63 million BoP, current US$ | +38.7% |
| 1976 | 208.57 million BoP, current US$ | +1.4% |
| 1977 | 255.51 million BoP, current US$ | +22.5% |
| 1978 | 284.76 million BoP, current US$ | +11.4% |
| 1979 | 288.96 million BoP, current US$ | +1.5% |
| 1980 | 312.24 million BoP, current US$ | +8.1% |
| 1981 | 526.80 million BoP, current US$ | +68.7% |
| 1982 | 514.46 million BoP, current US$ | -2.3% |
| 1983 | 286.34 million BoP, current US$ | -44.3% |
| 1984 | 290.88 million BoP, current US$ | +1.6% |
| 1985 | 326.31 million BoP, current US$ | +12.2% |
| 1986 | 402.25 million BoP, current US$ | +23.3% |
| 1987 | 463.17 million BoP, current US$ | +15.1% |
| 1988 | 331.35 million BoP, current US$ | -28.5% |
| 1989 | 250.57 million BoP, current US$ | -24.4% |
| 1990 | 323.37 million BoP, current US$ | +29.1% |
| 1991 | 673.37 million BoP, current US$ | +108.2% |
| 1992 | 560.54 million BoP, current US$ | -16.8% |
| 1993 | 561.36 million BoP, current US$ | +0.1% |
| 1994 | 451.50 million BoP, current US$ | -19.6% |
| 1995 | 622.46 million BoP, current US$ | +37.9% |
| 1996 | 557.80 million BoP, current US$ | -10.4% |
| 1997 | 576.87 million BoP, current US$ | +3.4% |
| 1998 | 572.39 million BoP, current US$ | -0.8% |
| 1999 | 633.01 million BoP, current US$ | +10.6% |
| 2000 | 516.05 million BoP, current US$ | -18.5% |
| 2001 | 553.31 million BoP, current US$ | +7.2% |
| 2002 | 681.15 million BoP, current US$ | +23.1% |
| 2003 | 820.37 million BoP, current US$ | +20.4% |
| 2004 | 841.24 million BoP, current US$ | +2.5% |
| 2005 | 863.71 million BoP, current US$ | +2.7% |
| 2006 | 1.04 billion BoP, current US$ | +20.7% |
| 2007 | 1.60 billion BoP, current US$ | +53.8% |
| 2008 | 1.90 billion BoP, current US$ | +18.3% |
| 2009 | 1.74 billion BoP, current US$ | -8.0% |
| 2010 | 1.78 billion BoP, current US$ | +1.8% |
| 2011 | 1.80 billion BoP, current US$ | +1.5% |
| 2012 | 2.00 billion BoP, current US$ | +11.1% |
| 2013 | 2.59 billion BoP, current US$ | +29.6% |
| 2014 | 3.28 billion BoP, current US$ | +26.3% |
| 2015 | 2.92 billion BoP, current US$ | -11.0% |
| 2016 | 2.95 billion BoP, current US$ | +1.0% |
| 2017 | 3.32 billion BoP, current US$ | +12.8% |
| 2018 | 3.90 billion BoP, current US$ | +17.3% |
| 2019 | 3.50 billion BoP, current US$ | -10.2% |
| 2020 | 3.15 billion BoP, current US$ | -10.0% |
| 2021 | 3.99 billion BoP, current US$ | +26.7% |
| 2022 | 4.36 billion BoP, current US$ | +9.0% |
| 2023 | 4.65 billion BoP, current US$ | +6.7% |
Benin compared with similar countries
- Benin's 4.65 billion BoP, current US$ is below the median for lower middle income countries, which is 9.23 billion BoP, current US$, 50% of the median. (47 countries reporting)
- Benin's 4.65 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 4.65 billion BoP, current US$, 1.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 231.95 million BoP, current US$ | 148.26 million BoP, current US$ | 288.96 million BoP, current US$ | 6 |
| 1980s | 370.44 million BoP, current US$ | 250.57 million BoP, current US$ | 526.80 million BoP, current US$ | 10 |
| 1990s | 553.27 million BoP, current US$ | 323.37 million BoP, current US$ | 673.37 million BoP, current US$ | 10 |
| 2000s | 1.06 billion BoP, current US$ | 516.05 million BoP, current US$ | 1.90 billion BoP, current US$ | 10 |
| 2010s | 2.80 billion BoP, current US$ | 1.78 billion BoP, current US$ | 3.90 billion BoP, current US$ | 10 |
| 2020s | 4.04 billion BoP, current US$ | 3.15 billion BoP, current US$ | 4.65 billion BoP, current US$ | 4 |
Countries ranked near Benin
- 137 Mali 5.49 billion BoP, current US$ compare
- 138 Montenegro 4.91 billion BoP, current US$ compare
- 139 Papua New Guinea 4.69 billion BoP, current US$ compare
- 141 Bahamas 4.60 billion BoP, current US$ compare
- 142 Mauritania 4.32 billion BoP, current US$ compare
- 143 Haiti 4.27 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 60.28 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0028 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.17 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 543.01 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.59 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0253 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 37.55 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is goods imports in Benin?
- Goods imports in Benin was 4.65 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Benin?
- The highest recorded value was 4.65 billion BoP, current US$ in 2023.
- What is the lowest goods imports recorded in Benin?
- The lowest recorded value was 148.26 million BoP, current US$ in 1974.
- How does Benin rank for goods imports?
- Benin ranks 140th out of 200 countries with data for 2023.
- Is goods imports rising or falling in Benin?
- Over the last ten years it is up 79.2%. 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 Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.