Benin recorded a trade deficit of 337.36 CFA Franc Billion in the first quarter of 2019. Balance of Trade in Benin averaged -188.50 CFA Franc Billion from 2003 until 2019, reaching an all time high of -8.30 CFA Franc Billion in the second quarter of 2005 and a record low of -679.56 CFA Franc Billion in the third quarter of 2013.
Balance of Trade in Benin is expected to be -314.19 CFA Franc Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Benin to stand at -321.77 in 12 months time. In the long-term, the Benin Balance of Trade is projected to trend around -307.90 CFA Franc Billion in 2020, according to our econometric models.