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Pricing

2022
Flag → Flag
Exports $575MRnk 59 / 222
2022
Flag → Flag
Top Product $484MRefined Petroleum
2022
Flag → Flag
Exports $23.9MRnk 30 / 134
2022
Flag → Flag
Top Product $12.9MSoybeans
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 111 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH20.9%CURRENT US$
Rnk 84 / 186

About

Belgium-Togo Trade: In 2022, Belgium exported $575M to Togo. The main products that Belgium exported to Togo were Refined Petroleum ($484M), Cars ($15.6M), and Vaccines, blood, antisera, toxins and cultures ($14.6M). Over the past 5 years the exports of Belgium to Togo have increased at an annualized rate of 20.9%, from $223M in 2017 to $575M in 2022.

In 2022, Belgium did not export any services to Togo.

Togo-Belgium Trade: In 2022, Togo exported $23.9M to Belgium. The main products that Togo exported to Belgium were Soybeans ($12.9M), Cocoa Beans ($3.03M), and Oil Seed Flower ($1.35M). Over the past 5 years the exports of Togo to Belgium have increased at an annualized rate of 9.08%,  from $11.9M in 2017 to $23.9M in 2022.

In 2022, Togo did not export any services to Belgium.

Comparison: In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, Togo ranked 111 in the Economic Complexity Index (ECI -0.99), and 128 in total exports ($4.48B).

Latest Trends

April, 2024

About

Overview In April 2024, Belgium exported €66.2M and imported €4.05M from Togo, resulting in a positive trade balance of €62.2M. Between April 2023 and April 2024 the exports of Belgium have increased by €13M (24.3%) from €53.3M to €66.2M, while imports increased by €918k (29.3%) from €3.13M to €4.05M.

Trade In April 2024, the top exports of Belgium to Togo were Mineral fuels, mineral oils and products... (€29.3M), Cars, tractors, trucks & parts thereof. (€2.78M), Pharmaceutical products (€1.07M), Books, newspapers, & other prints (€824k), and Glass & glassware (€546k). In April 2024 the top imports of Belgium from Togo were Cocoa & cocoa preparations (€243k), Oils seeds, oleaginous fruits, grains, straw... (€134k), Edible vegetables, roots, & tubers (€53.4k), Coffee, tea, mate & spices (€51.5k), and Soap, cleaners, candles, dental, modelling pastes (€10.5k).

Growth In April 2024, the increase in Belgium's year-by-year exports to Togo was explained primarily by an increase in product exports in Pharmaceutical products (€1.07M or 6.29M%), Glass & glassware (€546k or 109k%), and Electrical machinery and electronics (€209k or 357%). In April 2024, the increase in Belgium's year-by-year imports  from Togo was explained primarily by an increase in product imports  in Coffee, tea, mate & spices (€32.5k or 170%), Soap, cleaners, candles, dental, modelling pastes (€9.92k or 1.82k%), and Perfumery & cosmetics (€4.34k or 8.35k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (April 2023 - April 2024)€13M(24.3%)
IMPORT GROWTH (April 2023 - April 2024)€918k(29.3%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Togo and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Togo and Belgium Data

Go to Bulk Download

Historical Data

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Togo
Top DestinationUnited Arab Emirates$1.19B

This map shows whether countries import more from Belgium or Togo. Each country is colored based on the difference in imports they receive from Belgium and Togo or the difference in the growth in imports.

In 2022, countries that imported more from Belgium than Togo included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Togo than Belgium included Burkina Faso ($249M), Cape Verde ($50M), and Sao Tome and Principe ($29.4M).

Difference in imports from Togo (Flag) and Belgium (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Togo+$3.04MCars
Top Product Potential Togo Belgium+$2.59MSoybeans

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Togo. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Togo. Similarly, a dot/product with the flag of Togo indicates it has a comparative advantage over Belgium.

Product Space of Belgium (Flag) and Togo (Flag) (NaN)

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