2022
Exports
$45.6MWorld Rnk 37 / 149
Flag Rnk 18 / 802
falsefalse Niger
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$343MWorld Rnk 35 / 208
Flag Rnk 5 / 1053
2022
ECONOMIC COMPLEXITY of Togo
-0.99Rnk 111 / 133

About

Exports In 2022, Togo exported $45.6M in Palm Oil, making it the 37th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 18th most exported product in Togo. The main destination of Palm Oil exports from Togo are: Niger ($17.5M), Benin ($11.8M), Senegal ($8.02M), Ghana ($7.34M), and Mali ($442k).

The fastest growing export markets for Palm Oil of Togo between 2021 and 2022 were Benin ($10.1M), Netherlands ($29.2k), and Spain ($14.9k).

Imports In 2022, Togo imported $343M in Palm Oil, becoming the 35th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 5th most imported product in Togo. Togo imports Palm Oil primarily from: Indonesia ($172M), Malaysia ($168M), Cote d'Ivoire ($1.25M), Ghana ($738k), and Singapore ($555k).

COMPANIES In 2023, leading companies such as Chevron (1) were at the forefront of shipping Palm Oil from Togo to the United States.

Latest Trends

Aug 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 (2022)$45.6M
IMPORTS (2022)$343M
NET TRADE (2022)-$298M

In 2022, Togo exported $45.6M in Palm Oil. The main destinations of Togo exports on Palm Oil were Niger ($17.5M), Benin ($11.8M), Senegal ($8.02M), Ghana ($7.34M), and Mali ($442k).

In 2022, Togo imported $343M in Palm Oil, mainly from Indonesia ($172M), Malaysia ($168M), Cote d'Ivoire ($1.25M), Ghana ($738k), and Singapore ($555k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Togo WERE (2021 - 2022):
Benin$10.1M (619%)
Netherlands$29.2k (1%)
Spain$14.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Togo WERE (2021 - 2022):
Niger-$6.62M (-27.4%)
Senegal-$2.57M (-24.3%)
Ghana-$801k (-9.85%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Togo's main exporting competitors in Palm Oil were:
In 2022, Togo's main importing competitors in Palm Oil were:
India $11.1B
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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