2023
Flag  
GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 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 
$1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC
$986CURRENT US$
Rnk 178 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 105 / 195

About

Nigeria-Togo Trade: In 2023, Nigeria exported $132M to Togo. The main products that Nigeria exported to Togo were Petroleum Gas ($47.8M), Electricity ($37.8M), and Cement ($11.2M). Over the past 5 years the exports of Nigeria to Togo have decreased at an annualized rate of 36%, from $1.22B in 2018 to $132M in 2023.

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

Togo-Nigeria Trade: In 2023, Togo exported $23.9M to Nigeria. The main products that Togo exported to Nigeria were Petroleum Coke ($12.9M), Beauty Products ($3.88M), and Tanned Equine and Bovine Hides ($2.27M). Over the past 5 years the exports of Togo to Nigeria have decreased at an annualized rate of 19.8%,  from $72.2M in 2018 to $23.9M in 2023.

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

Comparison: In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B). 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, Nigeria exported $132M to Togo. The main products exported from Nigeria to Togo were Petroleum Gas ($47.8M), Electricity ($37.8M), and Cement ($11.2M). During the last 5 years the exports of Nigeria to Togo have decreased at an annualized rate of 36%, from $1.22B in 2018 to $132M in 2023.

In 2018, Togo exported $23.9M to Nigeria. The main products exported from Togo to Nigeria were Petroleum Coke ($12.9M), Beauty Products ($3.88M), and Tanned Equine and Bovine Hides ($2.27M). During the last 5 years the exports of Togo to Nigeria have decreased at an annualized rate of 19.8%, from $72.2M in 2023 to $23.9M in 2018.

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

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

Latest Data

Trade between Nigeria (Flag) and Togo (Flag)

Nigeria Exports

Togo Exports

Market Competitiveness

Color
Nigeria
Top Destination
United States$6.29B
Togo
Top Destination
United Arab Emirates$2.65B

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 2023, countries that imported more from Nigeria than Togo included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Togo than Nigeria included United Arab Emirates ($2.65B), Angola ($856M), and Burkina Faso ($239M).

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

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 2023, Nigeria had a large net trade with Togo in the exports of Mineral Products ($100M), Foodstuffs ($9.32M), and Metals ($8.91M).

During 2018, Togo had a large net trade with Nigeria in the exports of Mineral Products ($12.9M), Chemical Products ($3.97M), and Animal Hides ($2.46M).

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) (2023)

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