2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP
$9.17BCURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP GROWTH
52.3%CURRENT US$
Rnk 70 / 195
2023
Flag
GDP PC 
$6,173CURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP PC GROWTH
-48.4%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC
$986CURRENT US$
Rnk 178 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 105 / 195

About

Libya-Togo Trade: In 2023, Libya exported $22.4k to Togo. The main products that Libya exported to Togo were Large Construction Vehicles ($22.4k). Over the past 6 years the exports of Libya to Togo have decreased at an annualized rate of 11.5%, from $46.5k in 2017 to $22.4k in 2023.

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

Togo-Libya Trade: In 2023, Togo exported $78.8k to Libya. The main products that Togo exported to Libya were Beauty Products ($78.8k). Over the past 6 years the exports of Togo to Libya have increased at an annualized rate of 78.7%,  from $4.32k in 2017 to $78.8k in 2023.

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

Comparison: In 2023,  Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B). 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
Value

In 2023, Libya exported $22.4k to Togo. The main products exported from Libya to Togo were Large Construction Vehicles ($22.4k). During the last 6 years the exports of Libya to Togo have decreased at an annualized rate of 11.5%, from $46.5k in 2017 to $22.4k in 2023.

In 2018, Togo exported $78.8k to Libya. The main products exported from Togo to Libya were Beauty Products ($78.8k). During the last 5 years the exports of Togo to Libya have increased at an annualized rate of 78.7%, from $4.32k in 2023 to $78.8k in 2018.

Exports from Libya (Flag) to Togo (Flag) (2023)

Exports from Togo (Flag) to Libya (Flag) (2023)

Latest Data

Trade between Libya (Flag) and Togo (Flag)

Togo Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$7.96B
Togo
Top Destination
United Arab Emirates$2.65B

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

In 2023, countries that imported more from Libya than Togo included Italy ($7.96B), Germany ($5.16B), and Spain ($3.08B).

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

Difference in imports from Togo (Flag) and Libya (Flag) (2023)

Comparative Advantage Libya - Togo

Flow
Scale

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

During 2023, Libya had a large net trade with Togo in the exports of Machines ($22.4k).

During 2018, Togo had a large net trade with Libya in the exports of Chemical Products ($78.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Togo+$5.28kCrude Petroleum
Top Product Potential Togo Libya+$4.85kRefined 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

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

Product Space of Libya (Flag) and Togo (Flag) (2023)

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