Benin

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 116th largest goods trading partner with $623 million in total (exports plus imports) goods trade during 2011.

Exports

Benin was the United States' 90th largest goods export market in 2011.

U.S. goods exports to Benin in 2011 were $621 million, up 33.9% from 2010.

The top export categories (2-digit HS) for 2011 were: Vehicles ($536 million), Mineral Fuel (oil) ($33 million), Machinery ($9 million), Special Other (low value shipments) ($7 million), and Perfumery, Cosmetics, Etc. ($6 million).

Imports

Benin was the United States' 191st largest supplier of goods imports in 2011.

U.S. goods imports from Benin totaled $2 million in 2011, a 615% increase from 2010.

The top import categories (2-digit HS) for 2011 were: Precious Stones (gold) ($1 million), Art and Antiques ($352 thousand), Live Animals (reptiles) ($113 thousand), Edible Fruit and Nuts (cashews) ($109 thousand), and Soap, Wax, Dental Prep, Etc. ($27 thousand).

Trade Balance

The U.S. goods trade surplus with Benin was $619 million in 2011, 33.6% more than in 2010.