2023
Exports
$393MWorld Rnk 9 / 142
Flag Rnk 3 / 834
2023
PRODUCT COMPLEXITY IN Soybeans
-1.67Rnk 968 / 1025
2023
Imports
$70.8MWorld Rnk 44 / 193
Flag Rnk 21 / 1057
2023
ECONOMIC COMPLEXITY of Togo
-0.85Rnk 103 / 132

About

Exports In 2023, Togo exported $393M in Soybeans, making it the 9th largest exporter of Soybeans in the world. At the same year, Soybeans was the 3rd most exported product in Togo. The main destination of Soybeans exports from Togo are: India ($213M), Pakistan ($54M), France ($33M), Canada ($31.6M), and United States ($24.1M).

The fastest growing export markets for Soybeans of Togo between 2022 and 2023 were India ($78.5M), Pakistan ($54M), and Canada ($7.97M).

Imports In 2023, Togo imported $70.8M in Soybeans, becoming the 44th largest importer of Soybeans in the world. At the same year, Soybeans was the 21st most imported product in Togo. Togo imports Soybeans primarily from: Burkina Faso ($51.6M), Ghana ($17.9M), United States ($665k), Benin ($452k), and China ($126k).

The fastest growing import markets in Soybeans for Togo between 2022 and 2023 were Burkina Faso ($37.2M), Ghana ($17M), and United States ($665k).

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 Soybeans. 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)$393M
IMPORTS (2023)$70.8M
NET TRADE (2023)$322M

In 2023, Togo exported $393M in Soybeans. The main destinations of Togo exports on Soybeans were India ($213M), Pakistan ($54M), France ($33M), Canada ($31.6M), and United States ($24.1M).

In 2023, Togo imported $70.8M in Soybeans, mainly from Burkina Faso ($51.6M), Ghana ($17.9M), United States ($665k), Benin ($452k), and China ($126k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Togo WERE (2022 - 2023):
India$78.5M (58.4%)
Pakistan$54M (1%)
Canada$7.97M (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Togo WERE (2022 - 2023):
Germany-$14M (-89.8%)
Netherlands-$11.1M (-89.5%)
Austria-$7.7M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Togo's main exporting competitors in Soybeans were:
In 2023, Togo's main importing competitors in Soybeans were:
China $56.6B
Japan $2.14B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.1M
TOP IMPORT POTENTIALBenin+ $247k

Soybeans’s highest export potential is Germany. With an export gap of $10.1M.   Soybeans’s highest import potential is Benin with an import gap of $247k.

See methodology.

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