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Pricing

2022
Flag → Flag
Exports $750MRnk 23 / 166
2022
Flag → Flag
Top Product $594MCrude Petroleum
2022
Flag → Flag
Exports $44.4MRnk 21 / 134
2022
Flag → Flag
Top Product $20.3MPetroleum Coke
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 111 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH20.9%CURRENT US$
Rnk 84 / 186

About

Nigeria-Togo Trade: In 2022, Nigeria exported $750M to Togo. The main products that Nigeria exported to Togo were Crude Petroleum ($594M), Petroleum Gas ($40.5M), and Electricity ($24.9M). Over the past 5 years the exports of Nigeria to Togo have decreased at an annualized rate of 6.26%, from $1.04B in 2017 to $750M in 2022.

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

Togo-Nigeria Trade: In 2022, Togo exported $44.4M to Nigeria. The main products that Togo exported to Nigeria were Petroleum Coke ($20.3M), Refined Petroleum ($9.12M), and Beauty Products ($4.78M). Over the past 5 years the exports of Togo to Nigeria have decreased at an annualized rate of 5.01%,  from $57.4M in 2017 to $44.4M in 2022.

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

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). 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, Nigeria exported $750M to Togo. The main products exported from Nigeria to Togo were Crude Petroleum ($594M), Petroleum Gas ($40.5M), and Electricity ($24.9M). During the last 5 years the exports of Nigeria to Togo have decreased at an annualized rate of 6.26%, from $1.04B in 2017 to $750M in 2022.

In 2017, Togo exported $44.4M to Nigeria. The main products exported from Togo to Nigeria were Petroleum Coke ($20.3M), Refined Petroleum ($9.12M), and Beauty Products ($4.78M). During the last 5 years the exports of Togo to Nigeria have decreased at an annualized rate of 5.01%, from $57.4M in 2022 to $44.4M in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Togo (Flag)

Nigeria Exports

Togo Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Togo
Top DestinationUnited Arab Emirates$1.19B

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

In 2022, countries that imported more from Nigeria than Togo included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Togo than Nigeria included United Arab Emirates ($1.19B), Burkina Faso ($249M), and Angola ($100M).

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

Comparative Advantage Nigeria - Togo

Flow
Scale

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

During 2022, Nigeria had a large net trade with Togo in the exports of Mineral Products ($700M), Transportation ($20M), and Metals ($10.6M).

During 2017, Togo had a large net trade with Nigeria in the exports of Mineral Products ($29.4M), Plastics and Rubbers ($4.8M), and Chemical Products ($4.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Togo+$39.1MRefined Petroleum
Top Product Potential Togo Nigeria+$54.8MRefined 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 Nigeria and Togo. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over Togo. Similarly, a dot/product with the flag of Togo indicates it has a comparative advantage over Nigeria.

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

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