Overview: This page contains the latest international trade data for Togo, including service trade data. In 2018 Togo was the number 153 economy in the world in terms of GDP (current US$), the number 131 in total exports, the number 99 in total imports, and the number 99 most complex economy according to the Economic Complexity Index (ECI). In 2018, Togo exported $2.53B and imported $10.6B, resulting in a negative trade balance of -$8.08B. In 2018, Togo's exports per capita were $321 and its imports per capita were $1.35k.
In 2018 Togo exported a total of $2.53B, making it the number 131 exporter in the world. During the last five reported years the exports of Togo have changed by -$153M from $2.69B in 2013 to $2.53B in 2018.
In 2018 Togo imported $10.6B, making it the number 99 trade destination in the world. During the last five reported years the imports of Togo changed by $1.39B from $9.22B in 2013 to $10.6B in 2018.
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).
This section shows forecasts for total product exports and imports for Togo. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
During the last 10 years Togo's economy has become relatively more complex, moving from the 108th to the 99th 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.
The top export opportunities for Togo according to the relatedness index, are Crude Petroleum (0.12), Crustaceans (0.12), Insect Resins (0.12), Bananas (0.12), and Spices (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.
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 it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a 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 emissions.
Togo
