The value of exports of commodity group 2710 "Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils" from Benin totalled $ 40 million in 2023. Sales of commodity group 2710 from Benin went up by 5.74% compared to 2022: exports of commodity group 2710 "Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils" went up by $ 2.19 million (cumulative exports of commodity group 2710 from Benin amounted $38 million in 2022)
Exports of commodity group 2710 "Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils" amounted to 3.84% of total exports from Benin (cumulative merchandise exports from Benin totalled $ 1.05 billion in 2023). The share of commodity group 2710 in total exports from Benin decreased by 0.43 p.p. compared to 2022 (it was 4.27% in 2022 and cumulative exports from Benin were equal to $ 894 million).
Exports of commodity group 2710 amounted to 99% of total sales of group "" from Benin in 2023 (the value of exports of commodity group from Benin amounted to $40 million in 2023). The share of exports of commodity group 2710 in sales of commodity group from Benin lowered by 0.702 p.p. compared to 2022 (it was 99% in 2022, and exports of commodity group from Benin were $38 million).
Top export destinations of "Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils" from Benin in 2023:
The value of imports of commodity group 2710 "Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils" to Benin totalled $ 493 million in 2023. Sales of commodity group 2710 to Benin decreased by 9.86% in value terms compared to 2022. imports of commodity group 2710 "Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils" decreased by $ 54 million (the value of imports of commodity group 2710 to Benin was equal to $547 million in 2022)
Imports of commodity group 2710 "Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils" accounted for 12.6% of total import flow to Benin (in 2023, total imports to Benin amounted to $ 3.9 billion). The share of commodity group 2710 in total imports to Benin decreased by 2.37 p.p. compared to 2022 (it was 15% in 2022 and cumulative imports to Benin were equal to $ 3.64 billion).
Imports of commodity group 2710 reached 74% of total imports of group "" to Benin in 2023 (imports of commodity group to Benin totalled $665 million in 2023). The share of purchases of commodity group 2710 in imports of commodity group to Benin went down by 4.22 p.p. compared to 2022 (it was 78% in 2022, and imports of commodity group to Benin accounted for $698 million).
Top trading partners (import of "Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils") of Benin in 2023: