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2022
Economic Complexity
Trade -1Rank 105 of 124
2022
Product
Exports | Imports $4.48B | $18.3B128 of 226 |  89 of 226
2022
Per Capita Product
Exports | Imports $506 | $2.07k153 of 219 |  127 of 219

About

Overview In 2022, Togo was the number 147 economy in the world in terms of GDP (current US$), the number 128 in total exports, the number 89 in total imports, the number 171 economy in terms of GDP per capita (current US$) and the number 105 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Togo are Gold ($1.18B), Refined Petroleum ($1.07B), Calcium Phosphates ($434M), Soybeans ($234M), and Electricity ($105M), exporting mostly to United Arab Emirates ($1.19B), India ($511M), Cote d'Ivoire ($474M), South Africa ($271M), and Burkina Faso ($249M).

Imports The top imports of Togo are Refined Petroleum ($10.5B), Crude Petroleum ($594M), Motorcycles and cycles ($497M), Rice ($375M), and Palm Oil ($343M), importing mostly from India ($5.43B), China ($2.94B), South Korea ($2.36B), Nigeria ($750M), and Chinese Taipei ($665M).

Location Togo borders Benin, Burkina Faso, and Ghana by land and Ghana by sea.

Latest Trends

Latest Trade

Flow
View
Y-AXIS SCALE

The following section uses the most recent trade data from partners of Togo.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2022)Gold$1.18B
Top Destination (2022)United Arab Emirates$1.19B

In 2022, Togo exported a total of $4.48B, making it the number 128 exporter in the world. During the last five reported years the exports of Togo have changed by $1.32B from $3.16B in 2017 to $4.48B in 2022.

The most recent exports are led by Gold ($1.18B), Refined Petroleum ($1.07B), Calcium Phosphates ($434M), Soybeans ($234M), and Electricity ($105M). The most common destination for the exports of Togo are United Arab Emirates ($1.19B), India ($511M), Cote d'Ivoire ($474M), South Africa ($271M), and Burkina Faso ($249M).

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Exports (2022)
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Destinations (2022)
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Market Growth

Flow
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Fastest Growing Export Markets (2021 - 2022)
United Arab Emirates$574M (+ 93.8%)
Cote d'Ivoire$416M (+ 712%)
South Africa$230M (+ 567%)
Fastest Growing Import Markets (2021 - 2022)
India$2.51B (+ 85.8%)
South Korea$1.88B (+ 395%)
Chinese Taipei$527M (+ 380%)

Total Export Growth by Market (2021 - 2022)

Service Trade

Service Trade

Togo Exports Services (2015)$411M
Togo Imports Services (2015)$296M

In 2015, Togo exported $411M worth of services. The top services exported by Togo in 2015 were Air transport ($124M), Miscellaneous business, professional, and technical services ($101M), Sea transport ($72.2M), Business travel ($55.7M), and Government services, n.i.e. ($44.9M).

The top services imported by Togo in 2015 were Sea transport ($241M), Air transport ($16M), Business travel ($10M), Other transport ($7.98M), and Computer and information services ($5.62M).

Service Exports (2015)

Service Imports (2015)

Economic Complexity

Most Specialized Products by RCA Index

Togo has a high level of specialization in Calcium Phosphates (381), Asphalt Mixtures (177), Plaiting Products (143), Other Oily Seeds (64.9), and Fake Hair (51.8). Specialization is measured using RCA, an index that takes the ratio between Togo observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Togo according to the product complexity index (PCI) are Cosmetic and toilet preparations; beauty, make-up and skin care preparations (excluding medicaments,... (0.27), Motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or... (0.25), Iron or non-alloy steel; bars and rods, n.e.c. in chapter 72 (-0.12), Plastic articles for the conveyance or packing of goods; stoppers, lids, caps... (-0.13), and Wire of iron or non-alloy steel (-0.26). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Togo according to the relatedness index, were Manganese Ore (0.13), Tropical Fruits (0.12), Crude Petroleum (0.11), Bananas (0.11), and Crustaceans (0.11). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Togo is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Togo. These are products that tend to be co-exported with the products that Togo exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

Filter
Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Togo's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨nullth to the 105th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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ECI (Trade) Ranking by Country

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