Togo (TGO) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

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Togo-Cape Verde Trade: In 2023, Togo exported $2.39k to Cape Verde. The main products that Togo exported to Cape Verde were Paper Notebooks ($2.39k). Over the past 5 years the exports of Togo to Cape Verde have decreased at an annualized rate of 79.3%, from $6.23M in 2018 to $2.39k in 2023.

In 2023, Togo did not export any services to Cape Verde.

Cape Verde-Togo Trade: In 2023, Cape Verde exported $11.6M to Togo. The main products that Cape Verde exported to Togo were Refined Petroleum ($11.6M). Over the past 5 years the exports of Cape Verde to Togo have increased at an annualized rate of 301%, from $11.2k in 2018 to $11.6M in 2023.

In 2023, Cape Verde 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, Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Togo exported $2.39k to Cape Verde. The main products exported from Togo to Cape Verde were Paper Notebooks ($2.39k). During the last 5 years the exports of Togo to Cape Verde have decreased at an annualized rate of 79.3%, from $6.23M in 2018 to $2.39k in 2023.

In 2018, Cape Verde exported $11.6M to Togo. The main products exported from Cape Verde to Togo were Refined Petroleum ($11.6M). During the last 5 years the exports of Cape Verde to Togo have increased at an annualized rate of 301%, from $11.2k in 2023 to $11.6M in 2018.

Exports from Togo () to Cape Verde () (2023)

Exports from Cape Verde () to Togo () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$2.65B

Cape Verde
Top DestinationSpain$74.7M

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

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

In 2023, countries that imported more from Cape Verde than Togo included Spain ($74.7M), Portugal ($14.1M), and Gibraltar ($2.69M).

Difference in imports from Cape Verde () and Togo () (2023)

Comparative Advantage Togo - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Togo had a large net trade with Cape Verde in the exports of Paper Goods ($2.39k).

During 2018, Cape Verde had a large net trade with Togo in the exports of Mineral Products ($11.6M).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Togo () to Cape Verde () (2023)

Exports from Cape Verde () to Togo () (2023)

Market Competitiveness

Difference in imports from Cape Verde () and Togo () (2023)

Comparative Advantage Togo - Cape Verde

Economic Complexity

Competitive Landscape

Product Space of Togo () and Cape Verde () (2023)

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