Key Market Indicators
The import and export of transformers in Benin is expected to reach over $8 million by 2026. In 2021, Benin was ranked 123rd in terms of import, with $6.9 million, while in terms of export, it was ranked 102nd with $401,000. From 2003 to 2021, import of transformers in Benin has seen an average year-on-year growth of 2.7%, while exports have grown by 250.1%. In 2021, Swaziland overtook Benin in terms of import, while Fiji overtook Benin in terms of export. China, Germany, Mexico, the United States, and Japan respectively were ranked 2nd, 3rd, 4th, 2nd and 4th in this ranking.
