Honduras (HND) and Togo (TGO) Trade | The Observatory of Economic Complexity

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Honduras-Togo Trade: In 2017, Honduras exported $14.5k to Togo. The main products that Honduras exported to Togo were N/A. Over the past 12 years the exports of Honduras to Togo have increased at an annualized rate of 5.99%, from $7.21k in 2005 to $14.5k in 2017.

In 2017, Honduras did not export any services to Togo.

Togo-Honduras Trade: In 2017, Togo exported $32.8k to Honduras. The main products that Togo exported to Honduras were Fake Hair ($26.5k) and Revolution Counters ($6.28k). Over the past 12 years the exports of Togo to Honduras have increased at an annualized rate of 7.39%, from $7.34k in 2005 to $32.8k in 2017.

In 2017, Togo did not export any services to Honduras.

Comparison: In 2023, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B). 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 2017, Honduras exported $14.5k to Togo. There were not main exports from Honduras to Togo in 2017. During the last 12 years the exports of Honduras to Togo have increased at an annualized rate of 5.99%, from $7.21k in 2005 to $14.5k in 2017.

In 2018, Togo exported $32.8k to Honduras. The main products exported from Togo to Honduras were Fake Hair ($26.5k) and Revolution Counters ($6.28k). During the last 5 years the exports of Togo to Honduras have increased at an annualized rate of 7.39%, from $7.34k in 2023 to $32.8k in 2018.

Exports from Honduras () to Togo () (2023)

Exports from Togo () to Honduras () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$5.87B

Togo
Top DestinationUnited Arab Emirates$2.65B

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

In 2023, countries that imported more from Honduras than Togo included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

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

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

Comparative Advantage Honduras - Togo

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Honduras had a large net trade with Togo in the exports of .

During 2018, Togo had a large net trade with Honduras in the exports of Footwear and Headwear ($26.5k) and Instruments ($6.28k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Togo+$2.46kPalm Oil

Top Product Potential Togo Honduras+$3.7kRefined 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 Honduras and Togo. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Togo. Similarly, a dot/product with the flag of Togo indicates it has a comparative advantage over Honduras.

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to Togo () (2023)

Exports from Togo () to Honduras () (2023)

Market Competitiveness

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

Comparative Advantage Honduras - Togo

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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