Where does Benin sell its products?

Benin sells its products mainly to France and, in smaller quantities, to the Netherlands, Korea, Japan, and India. France is Benin's leading source for imports. Benin is also a member of the Economic Community of West African States (ECOWAS).

Where do Benin's exports go?

Tinier percentages went to customers in North America (1.1%), Latin America (0.03%) excluding Mexico but including the Caribbean, then Oceania’s Australia (0.0002%). Given Benin’s population of 13.2 million people, its total $1.05 billion in 2023 exports translates to roughly $80 for every resident in the West African country.

What makes Benin a great country for wholesale trade?

While Cotonou serves as Benin’s economic nucleus, the country’s wholesale landscape extends far beyond its commercial capital. Regions and towns like Porto-Novo, Parakou, Natitingou, and Abomey offer unique opportunities and niches for wholesale trade, each with its own distinct characteristics and market dynamics.

Why should you invest in Benin?

Situated on the vibrant coast of West Africa, Benin emerges as a land of opportunity for wholesale buyers, suppliers, importers, and entrepreneurs eager to delve into its diverse economy and strategic location.

What is the economy like in Benin?

Benin is an agriculture-based economy, producing cash crops like: palm oil, cassava, corn, yams, rice, beans, fruits, and sorghum for domestic consumption; whilst major export crops include: cocoa beans, cotton, and coffee. Fish and livestock are also locally produced.

Why is coal banned in Benin?

Charcoal is also banned for exportation. Shipper and Consignee are hold fully responsible and liable for any fraud to this regulation and all related fines and costs will be at their expenses. Benin Port Authorities (Port Autonome de Cotonou) implements a new regulation for all shipments of scrap to/from Cotonou.