Guatemala (GTM) and Togo (TGO) Trade | The Observatory of Economic Complexity

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Guatemala-Togo Trade: In 2023, Guatemala exported $15.3M to Togo. The main products that Guatemala exported to Togo were Raw Sugar ($15.2M), Awnings, Tents, and Sails ($43.3k), and Packing Bags ($8.4k). Over the past 5 years the exports of Guatemala to Togo have increased at an annualized rate of 13.2%, from $8.2M in 2018 to $15.3M in 2023.

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

Togo-Guatemala In N/A, Togo did not export any products to Guatemala.

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

Comparison: In 2023, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B). That same year, Togo ranked 103 in the Economic Complexity Index (ECI -0.85), and 120 in total exports ($6.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guatemala exported $15.3M to Togo. The main products exported from Guatemala to Togo were Raw Sugar ($15.2M), Awnings, Tents, and Sails ($43.3k), and Packing Bags ($8.4k). During the last 5 years the exports of Guatemala to Togo have increased at an annualized rate of 13.2%, from $8.2M in 2018 to $15.3M in 2023.

Togo does not register exports to Guatemala. The main products exported from Togo to Guatemala were Ball Bearings ($45).

Exports from Guatemala () to Togo () (2023)

Exports from Togo () to Guatemala () (2023)

Latest Data

Trade between Guatemala () and Togo ()

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guatemala
Top DestinationUnited States$5.16B

Togo
Top DestinationUnited Arab Emirates$2.65B

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

In 2023, countries that imported more from Guatemala than Togo included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

In 2023, countries that imported more from Togo than Guatemala included United Arab Emirates ($2.65B), Angola ($856M), and India ($859M).

Difference in imports from Togo () and Guatemala () (2023)

Comparative Advantage Guatemala - Togo

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Guatemala had a large net trade with Togo in the exports of Foodstuffs ($15.2M), Textiles ($51.7k), and Metals ($7.92k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guatemala Togo+$67.8kRaw Sugar

Top Product Potential Togo Guatemala+$4.45kRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guatemala () to Togo () (2023)

Exports from Togo () to Guatemala () (2023)

Latest Data

Trade between Guatemala () and Togo ()

Guatemala Exports

Market Competitiveness

Difference in imports from Togo () and Guatemala () (2023)

Comparative Advantage Guatemala - Togo

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guatemala () and Togo () (2023)

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