2023
Exports
$1.45BWorld Rnk 57 / 214
Flag Rnk 2 / 834
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$4.55BWorld Rnk 50 / 226
Flag Rnk 1 / 1057
2023
ECONOMIC COMPLEXITY of Togo
-0.85Rnk 103 / 132

About

Exports In 2023, Togo exported $1.45B in Refined Petroleum, making it the 57th 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: Angola ($851M), Cote d'Ivoire ($143M), Ghana ($109M), India ($81.2M), and Indonesia ($66.4M).

The fastest growing export markets for Refined Petroleum of Togo between 2022 and 2023 were Angola ($733M), India ($81.2M), and Ghana ($78.9M).

Imports In 2023, Togo imported $4.55B in Refined Petroleum, becoming the 50th 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 ($2.38B), Belgium ($623M), Netherlands ($515M), Chinese Taipei ($182M), and United Kingdom ($142M).

The fastest growing import markets in Refined Petroleum for Togo between 2022 and 2023 were Belgium ($251M), Netherlands ($208M), and Angola ($104M).

Latest Trends

Jan 2025

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 (2023)$1.45B
IMPORTS (2023)$4.55B
NET TRADE (2023)-$3.1B

In 2023, Togo exported $1.45B in Refined Petroleum. The main destinations of Togo exports on Refined Petroleum were Angola ($851M), Cote d'Ivoire ($143M), Ghana ($109M), India ($81.2M), and Indonesia ($66.4M).

In 2023, Togo imported $4.55B in Refined Petroleum, mainly from India ($2.38B), Belgium ($623M), Netherlands ($515M), Chinese Taipei ($182M), and United Kingdom ($142M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Togo WERE (2022 - 2023):
Angola$733M (620%)
India$81.2M (2.16M%)
Ghana$78.9M (258%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Togo WERE (2022 - 2023):
Cote d'Ivoire-$319M (-69%)
South Africa-$166M (-85.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Togo's main exporting competitors in Refined Petroleum were:
In 2023, 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
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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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