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Benin

Benin Flag

AGOA Status: Benin is eligible for AGOA this year. It also qualifies for textile and apparel benefits.

Trade Agreements: The U.S. and the West African Economic and Monetary Union (UEMOA), which includes Benin, signed a Trade and Investment Framework Agreement (TIFA) in 2002.

U.S.-Benin Trade Facts

Benin is currently our 109th largest goods trading partner with $637 million in total (two way) goods trade during 2015. Goods exports totaled $632 million; goods imports totaled $5 million. The U.S. goods trade surplus with Benin was $627 million in 2015.

According to the Department of Commerce, U.S. exports of goods to Benin supported an estimated 6 thousand jobs in 2014.

Exports

  • Benin was the United States' 89th largest goods export market in 2015.
     
  • U.S. goods exports to Benin in 2015 were $632 million, down 19% ($149 million) from 2014 but up 775% from 2005. 
     
  • The top export categories (2-digit HS) in 2015 were: vehicles ($546 million), meat ($15 million), mineral fuels ($12 million), miscellaneous textile articles ($9 million), and special other (low value estimate) ($7 million).
     
  • U.S. exports of agricultural products to Benin totaled $33 million in 2015. Leading categories include: poultry ($15 million), rice ($4 million), pulses ($4 million), vegetable oils (ex. soybean) ($3 million), and condiments & sauces ($3 million).

Imports

  • Benin was the United States' 183rd largest supplier of goods imports in 2015.
     
  • U.S. goods imports from Benin totaled $5 million in 2015, down 8.8% ($475 thousand) from 2014, but up 861% from 2005. 
     
  • The top import categories (2-digit HS) in 2015 were: edible fruit & nuts ($4 million), special other (returns) ($566 thousand), furniture and bedding ($114 thousand), live animals ($84 thousand), and soap, wax, dental prep ($68 thousand).
     
  • U.S. imports of agricultural products from Benin totaled $4 million in 2015.

Trade Balance

  • The U.S. goods trade surplus with Benin was $627 million in 2015, a 19.1% decrease ($148 million) over 2014.

Investment

  • U.S. foreign direct investment (FDI) in Benin (stock) was $18 million in 2014, unchanged from 2013. There is no information on the distribution of U.S. FDI in Benin.
     
  • No data on Benin's FDI in the U.S. are available.
     

NOTE: No services trade data with Benin are available.