2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC 
$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH
20.9%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Togo-Madagascar Trade: In 2022, Togo exported $72.6k to Madagascar. The main products that Togo exported to Madagascar were Beauty Products ($59.1k), Calendars ($5.35k), and Hair Products ($4.85k). Over the past 5 years the exports of Togo to Madagascar have increased at an annualized rate of 14.2%, from $37.4k in 2017 to $72.6k in 2022.

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

Madagascar-Togo Trade: In 2022, Madagascar exported $9.25k to Togo. The main products that Madagascar exported to Togo were Special purpose motor vehicles ($8.21k) and Iron Fasteners ($1.04k). Over the past 5 years the exports of Madagascar to Togo have increased at an annualized rate of 88%,  from $394 in 2017 to $9.25k in 2022.

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

Comparison: In 2022,  Togo ranked 111 in the Economic Complexity Index (ECI -0.99), and 128 in total exports ($4.48B). That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Togo exported $72.6k to Madagascar. The main products exported from Togo to Madagascar were Beauty Products ($59.1k), Calendars ($5.35k), and Hair Products ($4.85k). During the last 5 years the exports of Togo to Madagascar have increased at an annualized rate of 14.2%, from $37.4k in 2017 to $72.6k in 2022.

In 2017, Madagascar exported $9.25k to Togo. The main products exported from Madagascar to Togo were Special purpose motor vehicles ($8.21k) and Iron Fasteners ($1.04k). During the last 5 years the exports of Madagascar to Togo have increased at an annualized rate of 88%, from $394 in 2022 to $9.25k in 2017.

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

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

Latest Data

Trade between Togo (Flag) and Madagascar (Flag)

Togo Exports

Madagascar Exports

Market Competitiveness

Color
Togo
Top Destination
United Arab Emirates$1.19B
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Togo than Madagascar included United Arab Emirates ($1.19B), Cote d'Ivoire ($474M), and India ($511M).

In 2022, countries that imported more from Madagascar than Togo included United States ($756M), France ($634M), and China ($538M).

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

Comparative Advantage Togo - Madagascar

Flow
Scale

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

During 2022, Togo had a large net trade with Madagascar in the exports of Chemical Products ($63.9k) and Paper Goods ($8.72k).

During 2017, Madagascar had a large net trade with Togo in the exports of Transportation ($8.21k) and Metals ($1.04k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Togo Madagascar+$11.3kBeauty Products
Top Product Potential Madagascar Togo+$3.4kRefined 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 Togo and Madagascar. This means that a dot/product with the flag of Togo indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Togo.

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

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