Togo (TGO) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Togo-Bangladesh Trade: In 2023, Togo exported $4.1M to Bangladesh. The main products that Togo exported to Bangladesh were Raw Cotton ($3.9M) and Cotton Waste ($196k). Over the past 5 years the exports of Togo to Bangladesh have decreased at an annualized rate of 18.6%, from $11.5M in 2018 to $4.1M in 2023.

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

Bangladesh-Togo Trade: In 2023, Bangladesh exported $145k to Togo. The main products that Bangladesh exported to Togo were Vaccines, blood, antisera, toxins and cultures ($48.8k), Packing Bags ($27.7k), and Packaged Medicaments ($18.8k). Over the past 5 years the exports of Bangladesh to Togo have decreased at an annualized rate of 23.5%, from $555k in 2018 to $145k in 2023.

In 2023, Bangladesh 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, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Togo exported $4.1M to Bangladesh. The main products exported from Togo to Bangladesh were Raw Cotton ($3.9M) and Cotton Waste ($196k). During the last 5 years the exports of Togo to Bangladesh have decreased at an annualized rate of 18.6%, from $11.5M in 2018 to $4.1M in 2023.

In 2018, Bangladesh exported $145k to Togo. The main products exported from Bangladesh to Togo were Vaccines, blood, antisera, toxins and cultures ($48.8k), Packing Bags ($27.7k), and Packaged Medicaments ($18.8k). During the last 5 years the exports of Bangladesh to Togo have decreased at an annualized rate of 23.5%, from $555k in 2023 to $145k in 2018.

Exports from Togo () to Bangladesh () (2023)

Exports from Bangladesh () to Togo () (2023)

Latest Data

Trade between Togo () and Bangladesh ()

Togo Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$2.65B

Bangladesh
Top DestinationUnited States$8.58B

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

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

In 2023, countries that imported more from Bangladesh than Togo included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

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

Comparative Advantage Togo - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Togo had a large net trade with Bangladesh in the exports of Textiles ($4.1M).

During 2018, Bangladesh had a large net trade with Togo in the exports of Chemical Products ($67.6k), Textiles ($67.5k), and Foodstuffs ($9.92k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Togo Bangladesh+$6.27kRefined Petroleum

Top Product Potential Bangladesh Togo+$3.45kKnit T-shirts

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

About

Historical Data

Bilateral Trade by Products

Exports from Togo () to Bangladesh () (2023)

Exports from Bangladesh () to Togo () (2023)

Latest Data

Trade between Togo () and Bangladesh ()

Togo Exports

Market Competitiveness

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

Comparative Advantage Togo - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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