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Benin

U.S.-Benin Trade Facts

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.

Benin is currently our 147th largest goods trading partner with $275 million in total (two way) goods trade during 2018. Goods exports totaled $256 million; goods imports totaled $19 million. The U.S. goods trade surplus with Benin was $236 million in 2018.

According to the Department of Commerce, U.S. exports of goods to Benin supported an estimated 3 thousand jobs in 2015 (latest data available).

Exports

  • Benin was the United States' 126th largest goods export market in 2018.

  • U.S. goods exports to Benin in 2018 were $256 million, up 2.2% ($5 million) from 2017 but down 69.8% from 2008. 

  • The top export categories (2-digit HS) in 2018 were: vehicles ($189 million), meat (poultry) ($18 million), beverages (wine) ($10 million), cereals (rice ) ($6 million), and baking related products ($5 million).

  • U.S. total exports of agricultural products to Benin totaled $43 million in 2018. Leading domestic export categories include: poultry meat & prods. (ex. eggs) ($18 million), wine & beer ($9 million), rice ($6 million), pulses ($2 million), and vegetable oils (ex. soybean) ($2 million).

Imports

  • Benin was the United States' 158th largest supplier of goods imports in 2018.

  • U.S. goods imports from Benin totaled $19 million in 2018, up 7.6% ($1 million) from 2017, but down 38.1% from 2008. 

  • The top import categories (2-digit HS) in 2018 were: edible fruit & nuts (cocoa, brazil, cashew)  ($16 million), wood and wood products ($1 million), art and antiques ($603 thousand), furniture and bedding ($420 thousand), and woven apparel ($381 thousand).

  • U.S. total imports of agricultural products from Benin totaled $16 million in 2018. The leading category is: tree nuts ($16 million).

Trade Balance

  • The U.S. goods trade surplus with Benin was $236 million in 2018, a 1.8% increase ($4 million) over 2017.

Investment

  • U.S. foreign direct investment (FDI) in Benin (stock) was $2 million in 2017, unchanged from 2016. 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. There is no information on the distribution of Benin FDI in the U.S.


NOTE: No services trade data with Benin are available.