
Benin: Exports, percent of GDP
* indicates monthly or quarterly data series
| Benin |
Exports of goods and services as percent of GDP |
|---|---|
| Latest value | 17.05 |
| Year | 2025 |
| Measure | percent |
| Data availability | 1960 - 2025 |
| Average | 18.35 |
| Min - Max | 3.52 - 31.43 |
| Source | The World Bank |
The latest value from 2025 is 17.05 percent, a decline from 18.84 percent in 2024. In comparison, the world average is 43.52 percent, based on data from 135 countries. Historically, the average for Benin from 1960 to 2025 is 18.35 percent. The minimum value, 3.52 percent, was reached in 1962 while the maximum of 31.43 percent was recorded in 2014.
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* indicates monthly or quarterly data series
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The exports of Benin and other countries are calculated as the total amount of goods and services produced at home and sold abroad. Exports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.
If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.
If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.
Definition: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 103.00 | 2024 | percent |
| Trade openness | 37.12 | 2025 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Exports, percent of GDP | 17.05 | 2025 | percent |
| Exports, billion dollars | 4.19 | 2025 | billion U.S. dollars |
| Growth of exports | -0.62 | 2025 | percent |
| Imports, percent of GDP | 20.06 | 2025 | percent |
| Imports, billion dollars | 4.93 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 2.53 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 0.54 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.43 | 2023 | million dollars (current) |
| Current account, percent of GDP | -8.18 | 2023 | percent |
| Current account, in dollars | -1.61 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | -3.01 | 2025 | percent |
| Trade balance, in dollars | -1.68 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 1.72 | 2023 | percent |
| Remittances | 338.54 | 2023 | million U.S. dollars |
| Net errors and omissions | 3.83 | 2023 | million USD |
| External debt | 63.43 | 2023 | percent |
| Short-term external debt | 15.08 | 2023 | percent |