Togo (TGO) and Benin (BEN) Trade | The Observatory of Economic Complexity

About

Togo-Benin Trade: In 2023, Togo exported $163M to Benin. The main products that Togo exported to Benin were Refined Petroleum ($37.6M), Plastic Lids ($12.7M), and Rice ($12.3M). Over the past 5 years the exports of Togo to Benin have decreased at an annualized rate of 9.48%, from $269M in 2018 to $163M in 2023.

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

Benin-Togo Trade: In 2023, Benin exported $53.9M to Togo. The main products that Benin exported to Togo were Other Oily Seeds ($16.6M), Light Pure Woven Cotton ($6.64M), and Soybean Meal ($4.73M). Over the past 5 years the exports of Benin to Togo have increased at an annualized rate of 39%, from $10.4M in 2018 to $53.9M in 2023.

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

Comparison: In 2023, Togo ranked 103 in the Economic Complexity Index (ECI -0.85), and 120 in total exports ($6.6B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Togo exported $163M to Benin. The main products exported from Togo to Benin were Refined Petroleum ($37.6M), Plastic Lids ($12.7M), and Rice ($12.3M). During the last 5 years the exports of Togo to Benin have decreased at an annualized rate of 9.48%, from $269M in 2018 to $163M in 2023.

In 2018, Benin exported $53.9M to Togo. The main products exported from Benin to Togo were Other Oily Seeds ($16.6M), Light Pure Woven Cotton ($6.64M), and Soybean Meal ($4.73M). During the last 5 years the exports of Benin to Togo have increased at an annualized rate of 39%, from $10.4M in 2023 to $53.9M in 2018.

Exports from Togo () to Benin () (2023)

Exports from Benin () to Togo () (2023)

Latest Data

Trade between Togo () and Benin ()

Togo Exports

Date

Benin Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$2.65B

Benin
Top DestinationUnited Arab Emirates$803M

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

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

In 2023, countries that imported more from Benin than Togo included Bangladesh ($391M), Chad ($36.7M), and Egypt ($21.6M).

Difference in imports from Benin () and Togo () (2023)

Comparative Advantage Togo - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Togo had a large net trade with Benin in the exports of Mineral Products ($52.4M), Plastics and Rubbers ($18.1M), and Vegetable Products ($17.1M).

During 2018, Benin had a large net trade with Togo in the exports of Vegetable Products ($18.3M), Foodstuffs ($11.1M), and Textiles ($7.93M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Togo Benin+$4.9MRefined Petroleum

Top Product Potential Benin Togo+$666kLight Pure Woven Cotton

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 Togo and Benin. This means that a dot/product with the flag of Togo indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Togo.

About

Historical Data

Bilateral Trade by Products

Exports from Togo () to Benin () (2023)

Exports from Benin () to Togo () (2023)

Latest Data

Trade between Togo () and Benin ()

Togo Exports

Benin Exports

Market Competitiveness

Difference in imports from Benin () and Togo () (2023)

Comparative Advantage Togo - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Togo () and Benin () (2023)

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