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Benin

Benin ranked No. 136 in total trade value through August with a total of $212.8 million. Exports totaled $206.55 million and Imports totaled $6.25 million, a surplus of $200.3 million.

January – August 2019

Top Trading Ports

Total Trade: $212.8 million

RankPortTotal YTD
1Port of Baltimore, Md. $44,835,308
2Port of Jacksonville, Fla. $38,625,681
3Port of Galveston, Texas $15,834,226
4Port of Wilmington, Dela. $15,290,732
5Port of New Orleans $14,197,569
6Port of Providence, R.I. $12,434,911
7Port of Savannah, Ga. $10,294,895
8Port of Houston $9,449,958
9Port of Newark $8,963,286
10Port of Boston $7,346,568

U.S. trade with Benin rose to $212.8 million through August

Benin’s trade with the United States rose to $212.8 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 9.51 percent above its total trade during the same time period last year. U.S. exports to Benin increased 15.16 percent while U.S. imports from Benin fell 58.25 percent. The U.S. surplus with Benin was $200.3 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Baltimore, Md.; No. 2 Port of Jacksonville, Fla.; No. 3 Port of Galveston, Texas; No. 4 Port of Wilmington, Dela.; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 Port of Baltimore, Md. No. 2 Port of Jacksonville, Fla. No. 3 Port of Houston No. 4 Port of Galveston, Texas and No. 5 Port of Newark. In the current time period, the top five accounted for 60.52 percent of Benin’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Baltimore, Md. rose 10.29 percent to $44.84 million.
    Exports rose 10.11 percent to $44.76 million. Imports totaled $72,500.
  • Trade with No. 2 Port of Jacksonville, Fla. rose 18.62 percent to $38.63 million.
    Exports rose 18.62 percent to $38.63 million. There were no imports.
  • Trade with No. 3 Port of Galveston, Texas fell 12.61 percent to $15.83 million.
    Exports fell 12.61 percent to $15.83 million. There were no imports.
  • Trade with No. 4 Port of Wilmington, Dela. rose 201.41 percent to $15.29 million.
    Exports rose 201.41 percent to $15.29 million. There were no imports.
  • Trade with No. 5 Port of New Orleans rose 1717.42 percent to $14.2 million.
    Exports rose 1761.31 percent to $14.2 million. There were no imports.

Benin ranked No. 136 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 142.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Benin by value through August were the categories of Motor vehicles for transporting people; Motor vehicle parts; Chicken and other poultry; Rice; and Wine, respectively. They accounted for 91.26 percent of total exports to Benin.

The value of the top five categories of U.S. imports from Benin –– Coconuts, brazil nuts, cashew nuts; Value added to a returned import; Misc. vegetable fats, oils; Original sculptures and statues; and Men’s or boys’ shirts, not knitted or crocheted –– accounted for 95.84 percent of all inbound shipments.

Looking more closely at U.S. exports to Benin:

  • Motor vehicles for transporting people rose 23.2 percent compared to last year to $121.3 million.
  • Motor vehicle parts rose 9.12 percent compared to last year to $35.24 million.
  • Chicken and other poultry rose 63.94 percent compared to last year to $19.93 million.
  • Rice rose 54.39 percent compared to last year to $8.3 million.
  • Wine fell 33.9 percent compared to last year to $3.73 million.

Looking more closely at U.S. imports from Benin:

  • Coconuts, brazil nuts, cashew nuts fell 52.46 percent compared to last year to $5.74 million.
  • Value added to a returned import rose 119.7 percent compared to last year to $72,500.
  • Misc. vegetable fats, oils rose 187.19 percent compared to last year to $70,400.
  • Original sculptures and statues fell 89.79 percent compared to last year to $58,000.
  • Men’s or boys’ shirts, not knitted or crocheted fell 72.13 percent compared to last year to $48,532.

In the latest annual figures available, Benin recorded $269.59 million in trade with the United States. At year’s end, its were Houston; Baltimore; Jacksonville/Tampa; New York City; and New Orleans. Total U.S. exports to Benin were $ 251.78 million and imports from Benin were $17.81 million. The U.S. surplus with Benin was $233.97 million.