Togo (TGO) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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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.

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.

Comparison: In 2023, Togo ranked 103 in the Economic Complexity Index (ECI -0.85), and 120 in total exports ($6.6B). That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 2018 to $23.9M in 2023.

In 2018, 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 2023 to $132M in 2018.

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

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

Latest Data

Trade between Togo () and Nigeria ()

Togo Exports

Date

Nigeria Exports

Date

Mar 2018

Feb 2018

Jan 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$2.65B

Nigeria
Top DestinationUnited States$6.29B

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

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

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

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

Comparative Advantage Togo - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, 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).

During 2018, Nigeria had a large net trade with Togo in the exports of Mineral Products ($100M), Foodstuffs ($9.32M), and Metals ($8.91M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Togo Nigeria+$54.8MRefined Petroleum

Top Product Potential Nigeria Togo+$39.1MRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Togo () and Nigeria ()

Togo Exports

Nigeria Exports

Market Competitiveness

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

Comparative Advantage Togo - Nigeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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