Togo2021 Economic Complexity Trade : -0.81, Rank 100 of 131
2021 Economic Complexity Research : -1.49, Rank 139 of 140
2021 Product Exports | Imports: $3.42B | $13.1B, 132 of 226 | 100 of 226
2021 Per Capita Product Exports | Imports: $403 | $1.54k, 170 of 219 | 132 of 219
Overview In 2021, Togo was the number 143 economy in the world in terms of GDP (current US$), the number 132 in total exports, the number 100 in total imports, the number 161 economy in terms of GDP per capita (current US$) and the number 100 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Togo are Refined Petroleum ($990M), Gold ($608M), Asphalt Mixtures ($262M), Calcium Phosphates ($226M), and Soybeans ($102M), exporting mostly to United Arab Emirates ($612M), Angola ($569M), China ($344M), India ($307M), and Brazil ($258M).
Imports The top imports of Togo are Refined Petroleum ($5.56B), Motorcycles and cycles ($674M), Crude Petroleum ($413M), Light Pure Woven Cotton ($411M), and Palm Oil ($332M), importing mostly from China ($2.99B), India ($2.92B), Netherlands ($1.14B), Saudi Arabia ($522M), and Nigeria ($506M).
Location Togo borders Benin, Burkina Faso, and Ghana by land and Ghana by sea.
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.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
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.
Top Export (2021): Refined Petroleum, $990M
Top Destination (2021): United Arab Emirates, $612M
In 2021, Togo exported a total of $3.42B, making it the number 132 exporter in the world. During the last five reported years the exports of Togo have changed by $1.29B from $2.13B in 2016 to $3.42B in 2021.
The most recent exports are led by Refined Petroleum ($990M), Gold ($608M), Asphalt Mixtures ($262M), Calcium Phosphates ($226M), and Soybeans ($102M). The most common destination for the exports of Togo are United Arab Emirates ($612M), Angola ($569M), China ($344M), India ($307M), and Brazil ($258M).
Fastest Growing Export Markets (2020 - 2021)
Fastest Growing Import Markets (2020 - 2021)
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).
Togo has a high level of specialization in Asphalt Mixtures (464), Calcium Phosphates (343), Plaiting Products (155), Other Oily Seeds (80.8), and Fake Hair (68.5). Specialization is measured using RCA, an index that takes the ratio between Togo observed and expected exports in each product.
The highest complexity exports of Togo according to the product complexity index (PCI) are Articles of plastics and articles of other materials of heading no. 3901... (0.78), Calendars of any kind, printed, including calendar blocks (0.62), Motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or... (0.56), Cosmetic and toilet preparations; beauty, make-up and skin care preparations (excluding medicaments,... (0.23), and Plastics; plates, sheets, film, foil and strip (not self-adhesive); non-cellular and not... (0.21). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Togo according to the relatedness index, were Tropical Fruits (0.11), Crude Petroleum (0.11), Bananas (0.11), Non-fillet Frozen Fish (0.1), and Tin Ores (0.1). 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 a country currently specializes in.
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.
During the last 20 years Togo's economy has become relatively less complex, moving from the nullth to the 100th 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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