2022
Exports
$1.07BWorld Rnk 62 / 214
Flag Rnk 2 / 802
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$10.5BWorld Rnk 29 / 225
Flag Rnk 1 / 1053
2022
ECONOMIC COMPLEXITY of Togo
-0.99Rnk 111 / 133

About

Exports In 2022, Togo exported $1.07B in Refined Petroleum, making it the 62nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Togo. The main destination of Refined Petroleum exports from Togo are: Cote d'Ivoire ($385M), South Africa ($179M), Brazil ($118M), Angola ($97.4M), and Democratic Republic of the Congo ($87.7M).

The fastest growing export markets for Refined Petroleum of Togo between 2021 and 2022 were Cote d'Ivoire ($383M), South Africa ($164M), and Democratic Republic of the Congo ($85.5M).

Imports In 2022, Togo imported $10.5B in Refined Petroleum, becoming the 29th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Togo. Togo imports Refined Petroleum primarily from: India ($4.82B), South Korea ($2.32B), Chinese Taipei ($649M), Belgium ($484M), and Netherlands ($438M).

The fastest growing import markets in Refined Petroleum for Togo between 2021 and 2022 were India ($2.44B), South Korea ($1.88B), and Chinese Taipei ($526M).

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 Refined Petroleum. 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)$1.07B
IMPORTS (2022)$10.5B
NET TRADE (2022)-$9.42B

In 2022, Togo exported $1.07B in Refined Petroleum. The main destinations of Togo exports on Refined Petroleum were Cote d'Ivoire ($385M), South Africa ($179M), Brazil ($118M), Angola ($97.4M), and Democratic Republic of the Congo ($87.7M).

In 2022, Togo imported $10.5B in Refined Petroleum, mainly from India ($4.82B), South Korea ($2.32B), Chinese Taipei ($649M), Belgium ($484M), and Netherlands ($438M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Togo WERE (2021 - 2022):
Cote d'Ivoire$383M (27.6k%)
South Africa$164M (1.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Togo WERE (2021 - 2022):
Angola-$532M (-84.5%)
Brazil-$141M (-54.5%)
Gabon-$54.6M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Togo's main exporting competitors in Refined Petroleum were:
In 2022, Togo's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $54.8M
TOP IMPORT POTENTIALUnited States+ $107M

Refined Petroleum’s highest export potential is Nigeria. With an export gap of $54.8M.   Refined Petroleum’s highest import potential is United States with an import gap of $107M.

See methodology.

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