Cape Verde (CPV) and Togo (TGO) Trade | The Observatory of Economic Complexity

About

Cape Verde-Togo Trade: In 2022, Cape Verde exported $7.16k to Togo. The main products that Cape Verde exported to Togo were Video Displays ($3.2k), Radio Receivers ($1.52k), and Electric Heaters ($960). Over the past 14 years the exports of Cape Verde to Togo have decreased at an annualized rate of 4.18%, from $13k in 2008 to $7.16k in 2022.

In 2022, Cape Verde did not export any services to Togo.

Togo-Cape Verde Trade: In 2022, Togo exported $50M to Cape Verde. The main products that Togo exported to Cape Verde were Refined Petroleum ($50M), Cars ($44.8k), and Calendars ($8.18k). Over the past 14 years the exports of Togo to Cape Verde have increased at an annualized rate of 60.3%, from $4.73M in 2008 to $50M in 2022.

In 2022, Togo did not export any services to Cape Verde.

Comparison In 2022, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index. That same year, Togo ranked 111 in the Economic Complexity Index (ECI -0.99), and 128 in total exports ($4.48B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cape Verde exported $7.16k to Togo. The main products exported from Cape Verde to Togo were Video Displays ($3.2k), Radio Receivers ($1.52k), and Electric Heaters ($960). During the last 14 years the exports of Cape Verde to Togo have decreased at an annualized rate of 4.18%, from $13k in 2008 to $7.16k in 2022.

In 2017, Togo exported $50M to Cape Verde. The main products exported from Togo to Cape Verde were Refined Petroleum ($50M), Cars ($44.8k), and Calendars ($8.18k). During the last 5 years the exports of Togo to Cape Verde have increased at an annualized rate of 60.3%, from $4.73M in 2022 to $50M in 2017.

Exports from Cape Verde () to Togo () (2022)

Exports from Togo () to Cape Verde () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cape Verde
Top DestinationSpain$51.3M

Togo
Top DestinationUnited Arab Emirates$1.19B

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

In 2022, countries that imported more from Cape Verde than Togo included Spain ($51.3M), Portugal ($10.9M), and Kenya ($694k).

In 2022, countries that imported more from Togo than Cape Verde included United Arab Emirates ($1.19B), India ($511M), and Cote d'Ivoire ($474M).

Difference in imports from Togo () and Cape Verde () (2022)

Comparative Advantage Cape Verde - Togo

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cape Verde had a large net trade with Togo in the exports of Machines ($7.16k).

During 2017, Togo had a large net trade with Cape Verde in the exports of Mineral Products ($50M), Transportation ($44.8k), and Paper Goods ($8.18k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cape Verde () to Togo () (2022)

Exports from Togo () to Cape Verde () (2022)

Market Competitiveness

Difference in imports from Togo () and Cape Verde () (2022)

Comparative Advantage Cape Verde - Togo

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cape Verde () and Togo () (2022)

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