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 Trade Summary
U.S. goods and services trade with Benin totaled an estimated $397.6 million in 2024, up 8.6 percent ($31.6 million) from 2023.
U.S. total goods trade (exports plus imports) with Benin was an estimated $262.6 million in 2024. U.S. goods exports to Benin in 2024 were $214.0 million, down 10.7 percent ($25.6 million) from 2023. U.S. goods imports from Benin in 2024 totaled $48.6 million, up 290.5 percent ($36.2 million) from 2023. The U.S. goods trade surplus with Benin was $165.4 million in 2024, a 27.2 percent decrease ($61.7 million) over 2023.
U.S. total services trade (exports plus imports) with Benin totaled an estimated $135 million in 2024. U.S. services exports to Benin in 2024 were $82 million, up 43.9 percent ($25 million) from 2023. U.S. services imports from Benin in 2024 were $53 million, down 7.0 percent ($4.0 million) from 2023. The U.S. services trade surplus with Benin was $30 million in 2024, compared to a $1 million services trade deficit in 2023.
