What does Benin import from India?
| Benin Imports from India | Value | Year |
|---|---|---|
| Fertilizers | $4.88K | 2019 |
| Toys, games, sports requisites | $265 | 2019 |
| Wood and articles of wood, wood charcoal | $91 | 2019 |
| Knitted or crocheted fabric | $9.44K | 2017 |
What does India export to Benin?
Top Products which India Exports to Benin are – Rice, Motor Vehicles, Table, Kitchen or Other Household Articles and Parts, Iron or Steel etc. Export process from India to Benin and other countries is almost same worldwide.
Who were the biggest trade partners of Benin?
In 2019, Benin major trading partner countries for exports were Bangladesh, India, Vietnam, China and Nigeria and for imports they were India, China, Togo, France and Thailand.
What is the main export of Benin?
cotton
Principal exports are ginned cotton, cotton cake and cotton seeds, cashew, shea butter, cooking oil, and lumber. Benin’s chief import partners include the United Arab Emirates, Brazil, China, Germany, Spain, France, India, Malaysia, the Netherlands, Togo, and Thailand.
What can I import from Benin?
Top Products which India Imports from Benin are – Coconuts, Brazil Nuts and Cashew Nuts, Soya Beans, Aluminium Waste and Scrap etc. Import certification, procedures and formalities to import goods to a country is almost same in all countries worldwide.
What is the major import of Benin?
Benin’s main imports are: fuel, food and capital equipment. Benin’s main import partner is France (18 percent of total imports) followed by China (15 percent). Others include: Togo, Ghana, Belgium and the United Kingdom.
What did Benin trade?
From the 15th through the 18th century Benin carried on an active trade in ivory, palm oil, and pepper with Portuguese and Dutch traders, for whom it served as a link with tribes in the interior of western Africa. It also profited greatly from the slave trade.
What products does Benin export?
Benin is a LDC with a strong agricultural potential. Its main exports are cotton, cashews, shea butter, textiles, palm products, seafood and increasingly pineapple for which ITC participated in increasing south-south cooperation with Maghreb countries (Morocco and Tunisia).
What does Benin import the most?
What type of economy does Benin have?
The economy of Benin remains underdeveloped and dependent on subsistence agriculture and cotton. Cotton accounts for 40% of Benin’s GDP and roughly 80% of official export receipts. There is also production of textiles, palm products, and cocoa beans.
What goods did Benin trade?
When the Portuguese arrived in Benin, Nigeria, in the fifteenth century, they quickly started trading brass and copper for pepper, cloth, ivory and slaves.
Is Togo richer than Benin?
Togo has a GDP per capita of $1,700 as of 2017, while in Benin, the GDP per capita is $2,300 as of 2017.
What does Benin import data include?
In 2019 Benin imported $5B, making it the number 137 trade destination in the world. During the last five reported years the imports of Benin changed by -$3.97B from $8.98B in 2014 to $5B in 2019. The most recent imports of Benin are led by Rice ($761M), Cars ($315M), Palm Oil ($225M), Electricity ($197M), and Light Pure Woven Cotton ($178M).
What is the economy like in Benin?
Benin is the 156th largest export economy in the world. In 2017, Benin exported $629M and imported $4.34B, resulting in a negative trade balance of $3.71B. In 2017 the GDP of Benin was $9.2B and its GDP per capita was $2.27k.
How is the Indian community in Benin?
The Indian Community in Benin is estimated at 1500 persons. About 90 Indian companies mainly in trading and retailing are in Benin, dealing in textiles, rice, cashew, scrap, electronics and supermarkets. Indian experts are working in the West Africa Rice Development Centre (WARDA).
Who is the president of Benin?
Benin President Mr. Patrice Talon led a 13–member delegation including Ministers of Foreign Affairs, Economy, and Planning, to India to attend the annual meetings of the African Development Bank (AfDB) held in Ahmedabad from 22-26 May 2017. 7.