Liberia (LBR) and Togo (TGO) Trade | The Observatory of Economic Complexity

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Liberia-Togo Trade: In 2022, Liberia exported $9.58k to Togo. The main products that Liberia exported to Togo were Cars ($4.89k), Electrical Transformers ($2.21k), and Other Printed Material ($1.11k). Over the past 5 years the exports of Liberia to Togo have increased at an annualized rate of 10.7%, from $5.76k in 2017 to $9.58k in 2022.

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

Togo-Liberia Trade: In 2022, Togo exported $368k to Liberia. The main products that Togo exported to Liberia were Raw Plastic Sheeting ($210k), Plastic Housewares ($69.8k), and Confectionery Sugar ($48.3k). Over the past 5 years the exports of Togo to Liberia have decreased at an annualized rate of 31.3%, from $2.4M in 2017 to $368k in 2022.

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

Comparison: In 2022, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). 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, Liberia exported $9.58k to Togo. The main products exported from Liberia to Togo were Cars ($4.89k), Electrical Transformers ($2.21k), and Other Printed Material ($1.11k). During the last 5 years the exports of Liberia to Togo have increased at an annualized rate of 10.7%, from $5.76k in 2017 to $9.58k in 2022.

In 2017, Togo exported $368k to Liberia. The main products exported from Togo to Liberia were Raw Plastic Sheeting ($210k), Plastic Housewares ($69.8k), and Confectionery Sugar ($48.3k). During the last 5 years the exports of Togo to Liberia have decreased at an annualized rate of 31.3%, from $2.4M in 2022 to $368k in 2017.

Exports from Liberia () to Togo () (2022)

Exports from Togo () to Liberia () (2022)

Latest Data

Trade between Liberia () and Togo ()

Togo Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Togo
Top DestinationUnited Arab Emirates$1.19B

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

In 2022, countries that imported more from Liberia than Togo included Switzerland ($544M), United Kingdom ($148M), and Germany ($156M).

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

Difference in imports from Togo () and Liberia () (2022)

Comparative Advantage Liberia - Togo

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with Togo in the exports of Transportation ($4.89k), Machines ($2.87k), and Paper Goods ($1.82k).

During 2017, Togo had a large net trade with Liberia in the exports of Plastics and Rubbers ($280k), Foodstuffs ($48.3k), and Footwear and Headwear ($33.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Togo+$3.59kRefined Petroleum

Top Product Potential Togo Liberia+$4kRefined 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 Liberia and Togo. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Togo. Similarly, a dot/product with the flag of Togo indicates it has a comparative advantage over Liberia.

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Togo () (2022)

Exports from Togo () to Liberia () (2022)

Latest Data

Trade between Liberia () and Togo ()

Togo Exports

Market Competitiveness

Difference in imports from Togo () and Liberia () (2022)

Comparative Advantage Liberia - Togo

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Togo () (2022)

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