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2023
Flag → Flag
Exports $697MRnk 51 / 220
2023
Flag → Flag
Top Product $623MRefined Petroleum
2023
Flag → Flag
Exports $29.8MRnk 23 / 126
2023
Flag → Flag
Top Product $15.2MSoybeans
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 103 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$9.17BCURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP GROWTH52.3%CURRENT US$
Rnk 70 / 195
2023
Flag
GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC$986CURRENT US$
Rnk 178 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 105 / 195

About

Belgium-Togo Trade: In 2023, Belgium exported $697M to Togo. The main products that Belgium exported to Togo were Refined Petroleum ($623M), Vaccines, blood, antisera, toxins and cultures ($8.98M), and Cars ($7.11M). Over the past 5 years the exports of Belgium to Togo have increased at an annualized rate of 10.9%, from $415M in 2018 to $697M in 2023.

In 2023, Belgium did not export any services to Togo.

Togo-Belgium Trade: In 2023, Togo exported $29.8M to Belgium. The main products that Togo exported to Belgium were Soybeans ($15.2M), Cocoa Beans ($3.44M), and Perfumes ($2.55M). Over the past 5 years the exports of Togo to Belgium have increased at an annualized rate of 13.5%,  from $15.8M in 2018 to $29.8M in 2023.

In 2023, Togo did not export any services to Belgium.

Comparison: In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B). That same year, Togo ranked 103 in the Economic Complexity Index (ECI -0.85), and 120 in total exports ($6.6B).

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €4.21M and imported €1.99M from Togo, resulting in a positive trade balance of €2.22M. Between October 2023 and October 2024 the exports of Belgium have decreased by €-42.6M (-91%) from €46.8M to €4.21M, while imports decreased by €-16.4k (-0.82%) from €2.01M to €1.99M.

Trade In October 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 October 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 October 2024, the decrease in Belgium's year-by-year exports to Togo was explained primarily by an decrease in product exports in Iron/Steel Articles (€-108k or -75.6%), Rubber & articles thereof (€-74.8k or -68.4%), and Iron & steel (€-73.7k or -98.1%). In October 2024, the decrease in Belgium's year-by-year imports  from Togo was explained primarily by an decrease in product imports  in Oils seeds, oleaginous fruits, grains, straw... (€-483k or -78.3%), Preparations of cereals, flour, starch or... (€-4.93k or -78.5%), and Products of the milling industry (€-4.4k or -99.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€-42.6M(-91%)
IMPORT GROWTH (October 2023 - October 2024)€-16.4k(-0.82%)

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

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $697M to Togo. The main products exported from Belgium to Togo were Refined Petroleum ($623M), Vaccines, blood, antisera, toxins and cultures ($8.98M), and Cars ($7.11M). During the last 5 years the exports of Belgium to Togo have increased at an annualized rate of 10.9%, from $415M in 2018 to $697M in 2023.

In 2018, Togo exported $29.8M to Belgium. The main products exported from Togo to Belgium were Soybeans ($15.2M), Cocoa Beans ($3.44M), and Perfumes ($2.55M). During the last 5 years the exports of Togo to Belgium have increased at an annualized rate of 13.5%, from $15.8M in 2023 to $29.8M in 2018.

Exports from Belgium (Flag) to Togo (Flag) (2023)

Exports from Togo (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Togo
Top DestinationUnited Arab Emirates$2.65B

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 2023, countries that imported more from Belgium than Togo included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Togo than Belgium included Angola ($856M), Burkina Faso ($239M), and Benin ($163M).

Difference in imports from Togo (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - Togo

Flow
Scale

This chart compares trade between Belgium and Togo by product, considering products traded by both, Belgium and Togo.

During 2023, Belgium had a large net trade with Togo in the exports of Mineral Products ($623M), Machines ($17.7M), and Chemical Products ($15.9M).

During 2018, Togo had a large net trade with Belgium in the exports of Vegetable Products ($19.9M), Foodstuffs ($4.58M), and Chemical Products ($2.77M).

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) (2023)

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