Benin

GDP (US$) $8.29 billion, 2015
Population, 10.88 million, 2015
Source: World Bank data

Benin flagOne of Africa’s smallest countries, Benin’s coastal location makes it an ideal market for both regional and international trade and exports, including in many Trade Hub-supported products and commodities—livestock for regional trade and cashew, shea, and apparel for global trade. The AGOA Trade Resource Center in Cotonou promotes trade and export development and helps companies understand requirements and regulations for regional and international trade.

In Benin, the Trade Hub partners with the national government like the Direction Générale des Impôts, regional government organizations, and private sector associations. Agreements with financial institutions allow the Trade Hub to bolster its network of financial advisors to support firms within Hub-targeted value chains. The Trade Hub also works in Benin with the Borderless Alliance and others to address high transit fees and other impediments to national economic growth.

Download the country profile for Benin

Benin News

  • Seventh country drops bureaucratic requirement in West Africa

    November 20, 2017
    The Gambia became the latest West African country this fall to abolish the requirement of certificates of origin (COO) for agricultural traders, thanks to year-long efforts of the Trade Hub and its Gambian partner, the Association of Farmers, Educators, and Traders (AFET). The Economic Community of West African States (ECOWAS) officially eliminated the COO requirement on ...
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  • Regional organization solidifies partnerships to grow the West African livestock sector

    October 16, 2017
    With more than 90,000 members, the Confédération des Fédérations Nationales de la chaine de valeurs Bétail/Viande de l’Afrique de l’Ouest (COFENABVI-AO) asserted its leading position within the professional organizations that comprise the West African livestock sector. The regional bureau, based in Côte d’Ivoire, coordinated efforts with the national federations of its eight member countries to ...
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  • U.S. Ambassador to Benin applauds country’s first apparel export under AGOA

    October 2, 2017
    With speeches and a tour of one of Benin’s leading apparel factories, Ambassador Lucy Tamlyn (pictured second from right) applauded the shipment of 6,000 clergy shirts and 9,000 clergy collars to Hurley’s Religious Goods in the United States—made by Africa New Confection (ANC). “I congratulate Benin on the country’s first apparel AGOA shipment and ANC for ...
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  • Benin prepares for duty-free apparel exports to the U.S.

    September 11, 2017
    Benin took the necessary steps toward duty-free exporting for clothing with an August 29 training of senior customs officials in standard operating systems of the U.S. African Growth and Opportunity Act (AGOA). In June, the Trade Hub’s AGOA Specialist Mr. Kara Diallo trained officials on AGOA and afterward urged the customs administration and the Ministry of ...
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  • Third “Operation Tabaski” generates $5.8 million of sheep sales in Benin

    September 11, 2017
    In Benin, four new livestock markets in smaller towns generated $5.8 million in sales for regional livestock farmers and traders during a 10-day Muslim holiday period. The Trade Hub’s third annual “Operation Tabaski” opened markets in Djougou, Bohicon, Abomey, Parakou—inland cities with better security and shorter travel times for rural customers than traditional sales sites in ...
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  • Hub survey quantifies time and cost spent on West African trade barriers

    August 28, 2017
    Certain administrative barriers to trade in the Economic Community of West African States (ECOWAS) have been eliminated on paper for decades. But the gap between policy and reality has meant that those trading agricultural staples across West African borders are still asked for certificates of origin (COO) despite these being rendered moot under the ECOWAS ...
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  • At MAGIC, new and returning West African companies meet clients ready to explore the Africa Advantage

    August 21, 2017
    Since his first visit to the Sourcing at MAGIC show many years ago, Greg Kankoh, CEO of Bulluk/Nallem had not returned. But in August 2017, he was pleasantly surprised by the results of his participation with the Trade Hub’s West African delegation to the largest apparel show in the U.S.—including a face-to-face meeting with a ...
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  • Guinea and Mali become latest West African countries to drop costly trade barrier

    August 14, 2017
    At the Hub’s urging, the governments of Guinea and Mali have agreed to formally drop a moot requirement that traders of staple crops and livestock produce Certificates of Origin (COO), which adds time and costs to trade throughout the Economic Community of West African States (ECOWAS). In direct violation of the three decades-old ECOWAS Trade Liberalization ...
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  • Cashew data collectors recommend improvements to ACA’s market information service

    August 14, 2017
    An African Cashew Alliance (ACA) workshop in early August gathered information from market analysts and data collectors from nine ACA member countries to guide improvements and boost use of its Market Information System (MIS). The August 1-3 workshop in Ouagadougou, Burkina Faso—organized by the African Cashew Alliance with Trade Hub support — will inform a ...
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  • Cereals Exchange strengthens business prospects for new and seasoned traders alike

    July 31, 2017
    When Colette Nakpergou gave the closing summary at the Cereals Exchange on behalf of the Togolese delegation, her compatriots let out a loud cheer in agreement: “The most important thing is that we cereals actors have to commit more in regional trade so that we can defeat road harassment not on paper but in real life ...
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  • Restoring cereals supply chains tops agenda at agro-industries forum in Abidjan

    July 18, 2017
    During a July forum in Côte d’Ivoire’s commercial capital, West Africa cereals stakeholders discussed business opportunities and supply solutions to the thorny problem of local agro-industries sourcing grains from abroad. As uncovered in an earlier Trade Hub report, agro-industries like breweries and animal feed processors in Benin, Burkina Faso, Côte d’Ivoire, Senegal, and Togo buy ...
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  • Trade Hub workshop in Benin addresses aflatoxin contamination in cereal sourcing

    July 12, 2017
    Aflatoxins—caused by certain molds that occur in soil, decaying vegetation, and grains—seriously hinder West Africa’s regional cereals trade, and lead to serious health risks, including stunted growth, cancer, and death. A recent Trade Hub four-country study on cereals sourcing for the agro-industrial sector in West Africa revealed that most buyers import from outside the region because ...
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  • Getting Benin back on track to export apparel under AGOA

    July 4, 2017
    Benin has been eligible to export its textiles duty-free under the U.S. African Growth Opportunity Act (AGOA) since January 28, 2004. However, the country has not exported much under the preferential trade agreement, largely due to a nonfunctional AGOA visa system. During a mission in Benin last November, the Trade Hub offered to train apparel ...
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  • Regional livestock association learns management and communications tools

    June 12, 2017
    West Africa’s only regional livestock associations, Confederation des Federations du Bétail et de la Viande de l’Afrique de l’Ouest (COFENABVI-AO), learned new tools from the Trade Hub in late May to improve project management processes and leverage internal and external communication. The Trade Hub supports COFENABVI-AO to strengthen its financial sustainability and develop targeted services ...
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  • WAGN plans stronger project management and better branding and communications

    June 5, 2017
    A key strategic objective of the West Africa Trade and Investment Hub is to build the capacity of its regional partner organizations namely: West African Grains Network (WAGN), Borderless Alliance (BA), Confédération des Fédérations Nationales de la filière de bétail et viande de l’Afrique de l’Ouest (COFENABVI) and Réseau des Systèmes d’Information des Marchés en ...
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