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Benin

Benin ranked No. 144 in total trade value through October with a total of $232.36 million. Exports totaled $215.76 million and Imports totaled $16.6 million, a surplus of $199.15 million.

January – October 2018

Top Trading Ports

Total Trade: $232.36 million

RankPortTotal YTD
1Port of Baltimore, Md. $48,930,094
2Port of Jacksonville, Fla. $38,293,532
3Port of Houston $21,490,403
4Port of Galveston, Texas $21,281,076
5Port of Oakland, Calif. $15,454,079
6Port of Newark $14,882,100
7Port of Providence, R.I. $13,133,104
8Port of New York $11,868,224
9Port of Savannah, Ga. $8,750,604
10Port of Virginia $8,729,515

U.S. trade with Benin rose to $232.36 million through October

Benin’s trade with the United States rose to $232.36 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.75 percent above its total trade during the same time period last year. Benin’s exports increased 0.45 percent while imports rose 22.43 percent. The U.S. surplus with Benin was $199.15 million.

Through October, 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 Houston; No. 4 Port of Galveston, Texas; and No. 5 Port of Oakland, Calif.. 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 Galveston, Texas No. 4 Port of Houston and No. 5 Port of New York. In the current time period, the top five accounted for 62.6 percent of Benin’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Baltimore, Md. rose 14.49 percent to $48.93 million.
    Exports rose 14.49 percent to $48.93 million. There were no imports.
  • Trade with No. 2 Port of Jacksonville, Fla. rose 11.3 percent to $38.29 million.
    Exports rose 11.5 percent to $38.29 million. There were no imports.
  • Trade with No. 3 Port of Houston fell 0.53 percent to $21.49 million.
    Exports fell 0.64 percent to $21.46 million. Imports rose 233.3 percent to $33,000.
  • Trade with No. 4 Port of Galveston, Texas fell 26.29 percent to $21.28 million.
    Exports fell 26.27 percent to $21.28 million. There were no imports.
  • Trade with No. 5 Port of Oakland, Calif. rose 55.23 percent to $15.45 million.
    Exports rose 224.06 percent to $9.58 million. Imports fell 16.04 percent to $5.88 million.

Benin ranked No. 144 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 138.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Benin by value through October were the categories of Motor vehicles for transporting people; Motor vehicle parts; Poultry, fresh, chilled or frozen; Wine; and Rice, respectively. They accounted for 86.34 percent of total exports to Benin.

The value of the top five categories of U.S. imports from Benin –– Coconuts, brazil nuts, cashew nuts; Wood Marquetry Etc; Jewel Case Etc & Wd Furn 4420; Original sculptures and statues; Men’s or boys’ shirts, not knitted or crocheted; and Track suits, ski-suits & swimwear –– accounted for 95.04 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 5.57 percent compared to last year to $118.16 million.
  • Motor vehicle parts rose 24.06 percent compared to last year to $38.57 million.
  • Poultry, fresh, chilled or frozen rose 53.66 percent compared to last year to $16.19 million.
  • Wine rose 209.94 percent compared to last year to $7.98 million.
  • Rice fell 52.14 percent compared to last year to $5.38 million.

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

  • Coconuts, brazil nuts, cashew nuts rose 11.45 percent compared to last year to $13.64 million.
  • Wood Marquetry Etc; Jewel Case Etc & Wd Furn 4420 rose 1445.47 percent compared to last year to $1.24 million.
  • Original sculptures and statues rose 2172.03 percent compared to last year to $568,007.
  • Men’s or boys’ shirts, not knitted or crocheted rose 64397 percent compared to last year to $174,142.
  • Track suits, ski-suits & swimwear totaled $155,488. The previous year, there were no imports in this category.

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.