Benin has better sales in ECOWAS by end of 2021
Cotonou, Benin (PANA) - Benin sold more goods to countries of the Economic Community of West African States (ECOWAS) during the fourth quarter of 2021, according to a report by the National Institute of Statistics and Demography (INSTAD).
"Benin's exports to its ECOWAS client countries recorded an increase from 15.7% to 13.4 billion CFAF in the fourth quarter of 2021, against 11.6 billion CFAF a quarter earlier. The five main clients are Togo, Niger, Burkina Faso, Côte d'Ivoire and Mali respectively," the report said.
Togo leads the pack in the fourth quarter of 2021, accounting for 22.2 per cent of the value of Beninese product sales in the ECOWAS region. Cottonseed "is the main good exported to Togo. Their sale amounted to 1.3 billion CFAF (14,951.7 tonnes) for the quarter".
Niger ranked second in the fourth quarter of 2021, with a 21.6 per cent share of the value of sales of Beninese products in the ECOWAS region. The main goods exported to this country are "hydraulic cements (including non-pulverized cement known as clinkers), whether or not coloured", worth 0.9 billion CFAF (20,395.0 tonnes) and "other tubes, pipes and hollow profiles (for example, welded, riveted, stapled or with simply close-coupled edges), of iron or steel" (0.5 billion CFAF).
Benin's third largest customer in the fourth quarter of 2021, Burkina Faso, accounted for 17.6 per cent of the value of Beninese product sales in the ECOWAS region.
Shipments of goods to this country are dominated by "cotton seeds", worth 1.6 billion CFAF (18 215.1 tonnes) and "medicines, n.e.s.", worth 0.2 billion CFAF (13.7 tonnes).
Côte d'Ivoire remained in fourth place in the quarter under review, accounting for 10.9 per cent of the value of Beninese product sales. Cotton fabrics, unbleached (other than gauze, velvet, plush, terry fabrics and chenille fabrics)', 'construction and mining machinery and equipment, n.e.s.' and 'food preparations, n.e.s.' were the main goods exported to this country, accounting for 0.8 billion CFAF (277.7 tonnes), 0.2 billion CFAF (26.3 tonnes) and 0.2 billion CFAF (286.0 tonnes) respectively.
Ranked fifth as in the previous quarter, Mali accounted for 10.5 per cent of the value of Beninese products sold within ECOWAS. Cotton seeds, worth 0.8 billion CFAF (8,940.5 tonnes) and 'petroleum oils or oils obtained from bituminous minerals (excluding crude oils) and preparations, n.e.s., which contain by weight 70 per cent or more of petroleum oils or of oils obtained from bituminous minerals and of which the said oils are the basic constituents', worth 0.4 billion CFAF (924.2 tonnes), are the main products sold to this trading partner.
-0- PANA IT/IS/BBA/RA 20April2022
