2023
Exports
$49.3MWorld Rnk 17 / 134
Flag Rnk 13 / 834
2023
PRODUCT COMPLEXITY IN Cocoa Beans
-2.94Rnk 1025 / 1025
2023
Imports
$29.2kWorld Rnk 92 / 159
Flag Rnk 863 / 1057
2023
ECONOMIC COMPLEXITY of Togo
-0.85Rnk 103 / 132

About

Exports In 2023, Togo exported $49.3M in Cocoa Beans, making it the 17th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 13th most exported product in Togo. The main destination of Cocoa Beans exports from Togo are: Netherlands ($14.3M), China ($11M), Italy ($6.49M), Spain ($5.77M), and Belgium ($3.44M).

The fastest growing export markets for Cocoa Beans of Togo between 2022 and 2023 were Netherlands ($13.4M), China ($5.34M), and Spain ($4.6M).

Imports In 2023, Togo imported $29.2k in Cocoa Beans, becoming the 92nd largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 863rd most imported product in Togo. Togo imports Cocoa Beans primarily from: Ghana ($29.2k).

The fastest growing import markets in Cocoa Beans for Togo between 2022 and 2023 were Ghana ($23.3k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$49.3M
IMPORTS (2023)$29.2k
NET TRADE (2023)$49.3M

In 2023, Togo exported $49.3M in Cocoa Beans. The main destinations of Togo exports on Cocoa Beans were Netherlands ($14.3M), China ($11M), Italy ($6.49M), Spain ($5.77M), and Belgium ($3.44M).

In 2023, Togo imported $29.2k in Cocoa Beans, mainly from Ghana ($29.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Togo WERE (2022 - 2023):
Netherlands$13.4M (1.5k%)
China$5.34M (94.2%)
Spain$4.6M (394%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Togo WERE (2022 - 2023):
India-$930k (-100%)
United States-$450k (-29.9%)
Bosnia and Herzegovina-$223k (-78.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Togo's main exporting competitors in Cocoa Beans were:
In 2023, Togo's main importing competitors in Cocoa Beans were:

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.73M
TOP IMPORT POTENTIALNigeria+ $542

Cocoa Beans’s highest export potential is United States. With an export gap of $1.73M.   Cocoa Beans’s highest import potential is Nigeria with an import gap of $542.

See methodology.

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