International Trade in Benin

International Trade in Benin

The economic crisis had a significant impact on the Benin economy. The growth rate fell from 5% in 2008 to 2.5% in 2009 and remained weak in 2010, reaching 2.8%. The country's weak performance, compared to the other UEMOA (West Africa Economic and Monetary Union) countries), is due to its... Read more

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Market Analyses About Benin (29)

Import and Export Services in Benin (53)

  • OrangePrice International Ltd.

    OrangePrice International Ltd.

    Market Entry, Benin

    Orangeprice International is a Global Trading & Marketing Company, Service Agents & BusinessRepresentatives. We have been in the...
  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Benin

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...

Business Tips About Benin (13)

Agents and Distributors in Benin (9)

  • Glojohnson Investment Ltd

    Glojohnson Investment Ltd

    Distributors, Benin

    We looking for supplier,exporter or manufacturer of kinds of beverages, Tobacco such as Alcoholic, Spirit, Cigarette, cigar etc..We are...
  • Kayex Global Import & Export

    Kayex Global Import & Export

    Distributors, Benin

    We offer our clients a wide range of services & transportation modes as well as expert advice on which of these modes of...

Overview About International Trade in Benin

Economic Overview

The economic crisis had a significant impact on the Benin economy. The growth rate fell from 5% in 2008 to 2.5% in 2009 and remained weak in 2010, reaching 2.8%. The country's weak performance, compared to the other UEMOA (West Africa Economic and Monetary Union) countries), is due to its great susceptibility to external economic shocks (especially the drop in the Nigerian demand). Mid-term economic perspectives are nonetheless relatively good, given that the economic recovery should turn out to be more dynamic in the coming years. The country's economic growth is driven by trade and investments, and is sustained by development aid.

In the context of slow economic recovery, Benin asked the IMF for a new three-year accord (2010-2013) as part of the Extended Credit Facility framework. Maintaining debt sustainability and public finances, as well as improving the external competitiveness of the country are considered essential. The country should increase investment in infrastructure, limiting non-priority public spending and accelerate structural reforms. The structural reform program is aimed at increasing revenue mobilization, improving the management of public finan...

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