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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 $786 million in total (two way) goods trade during 2014. Goods exports totaled $781 million; goods imports totaled $5 million. The U.S. goods trade surplus with Benin was $776 million in 2014.

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' 92nd largest goods export market in 2014.

U.S. goods exports to Benin in 2014 were $781 million, up 29% ($176 million) from 2013 and up 1,604% from 2004.

The top export categories (2-digit HS) in 2014 were: vehicles ($669 million), meat ($24 million), machinery ($16 million), miscellaneous textile articles ($11 million), and special other ($9 million).

U.S. exports of agricultural products to Benin totaled $42 million in 2014.Leading categories include: poultry meat & prods. (ex. eggs) ($24 million), rice ($7 million), condiments & sauces ($4 million), wine & beer ($2 million), and other consumer oriented ($1 million).

Imports

Benin was the United States' 180th largest supplier of goods imports in 2014.

U.S. goods imports from Benin totaled $5 million in 2014, up 73% ($2 million) from 2013, and up 255% from 2004.

The top import categories (2-digit HS) in 2014 were: edible fruit & nuts ($4 million), special other ($935 thousand), art and antiques ($562 thousand), furniture and bedding ($95 thousand), and live animals ($63 thousand).

U.S. imports of agricultural products from Benin totaled $4 million in 2014.

Trade Balance

The U.S. goods trade surplus with Benin was $776 million in 2014, a 28.8% increase ($173 million) over 2013.

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.