2023
Exports
$49.3MWorld Rnk 35 / 150
Flag Rnk 14 / 834
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$357MWorld Rnk 30 / 206
Flag Rnk 3 / 1057
2023
ECONOMIC COMPLEXITY of Togo
-0.85Rnk 103 / 132

About

Exports In 2023, Togo exported $49.3M in Palm Oil, making it the 35th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 14th most exported product in Togo. The main destination of Palm Oil exports from Togo are: Niger ($19.4M), Ghana ($14.3M), Mali ($10.1M), Benin ($2.57M), and Senegal ($2.52M).

The fastest growing export markets for Palm Oil of Togo between 2022 and 2023 were Mali ($9.64M), Niger ($3.31M), and Cote d'Ivoire ($55.3k).

Imports In 2023, Togo imported $357M in Palm Oil, becoming the 30th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 3rd most imported product in Togo. Togo imports Palm Oil primarily from: Malaysia ($212M), Indonesia ($130M), Cote d'Ivoire ($10.2M), Ghana ($2.32M), and Singapore ($1.07M).

The fastest growing import markets in Palm Oil for Togo between 2022 and 2023 were Malaysia ($42.1M), Cote d'Ivoire ($8.85M), and Ghana ($732k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Palm Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$49.3M
IMPORTS (2023)$357M
NET TRADE (2023)-$307M

In 2023, Togo exported $49.3M in Palm Oil. The main destinations of Togo exports on Palm Oil were Niger ($19.4M), Ghana ($14.3M), Mali ($10.1M), Benin ($2.57M), and Senegal ($2.52M).

In 2023, Togo imported $357M in Palm Oil, mainly from Malaysia ($212M), Indonesia ($130M), Cote d'Ivoire ($10.2M), Ghana ($2.32M), and Singapore ($1.07M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Togo WERE (2022 - 2023):
Mali$9.64M (2.18k%)
Niger$3.31M (20.6%)
Cote d'Ivoire$55.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Togo WERE (2022 - 2023):
Senegal-$5.13M (-67.1%)
Ghana-$4.47M (-23.9%)
Burkina Faso-$360k (-66%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Togo's main exporting competitors in Palm Oil were:
In 2023, Togo's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBenin+ $1.17M
TOP IMPORT POTENTIALSingapore+ $423k

Palm Oil’s highest export potential is Benin. With an export gap of $1.17M.   Palm Oil’s highest import potential is Singapore with an import gap of $423k.

See methodology.

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