2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC
$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH
20.9%CURRENT US$
Rnk 84 / 186

About

Iceland-Togo Trade: In 2022, Iceland exported $568k to Togo. The main products that Iceland exported to Togo were Non-fillet Frozen Fish ($481k) and Computers ($87.7k). Over the past 5 years the exports of Iceland to Togo have increased at an annualized rate of 53.1%, from $67.6k in 2017 to $568k in 2022.

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

Togo-Iceland Trade: In 2022, Togo exported $3.7k to Iceland. The main products that Togo exported to Iceland were Ground Nuts ($1.46k), Leather Apparel ($1.25k), and Legumes ($963). Over the past 5 years the exports of Togo to Iceland have decreased at an annualized rate of 5.22%,  from $4.84k in 2017 to $3.7k in 2022.

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), 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
Value

In 2022, Iceland exported $568k to Togo. The main products exported from Iceland to Togo were Non-fillet Frozen Fish ($481k) and Computers ($87.7k). During the last 5 years the exports of Iceland to Togo have increased at an annualized rate of 53.1%, from $67.6k in 2017 to $568k in 2022.

In 2017, Togo exported $3.7k to Iceland. The main products exported from Togo to Iceland were Ground Nuts ($1.46k), Leather Apparel ($1.25k), and Legumes ($963). During the last 5 years the exports of Togo to Iceland have decreased at an annualized rate of 5.22%, from $4.84k in 2022 to $3.7k in 2017.

Exports from Iceland (Flag) to Togo (Flag) (2022)

Exports from Togo (Flag) to Iceland (Flag) (2022)

Latest Data

Trade between Iceland (Flag) and Togo (Flag)

Iceland Exports

Togo Exports

Date

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Togo
Top Destination
United Arab Emirates$1.19B

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

In 2022, countries that imported more from Iceland than Togo included Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

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

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

Comparative Advantage Iceland - Togo

Flow
Scale

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

During 2022, Iceland had a large net trade with Togo in the exports of Animal Products ($481k) and Machines ($87.7k).

During 2017, Togo had a large net trade with Iceland in the exports of Vegetable Products ($2.45k) and Animal Hides ($1.25k).

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Togo (Flag) (2022)

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