2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$9.17BCURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP GROWTH
52.3%CURRENT US$
Rnk 70 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC
$986CURRENT US$
Rnk 178 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 105 / 195

About

In N/A, Armenia did not export any services to Togo.

Togo-Armenia Trade: In N/A, Togo exported $130k to Armenia. The main products that Togo exported to Armenia were N/A. Over the past N/A years the exports of Togo to Armenia have decreased at an annualized rate of 32.6%,  from $934k in N/A to $130k in N/A.

In N/A, Togo did not export any services to Armenia.

Comparison: In 2023,  Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). That same year, Togo ranked 103 in the Economic Complexity Index (ECI -0.85), and 120 in total exports ($6.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

Armenia does not register exports to Togo.

In 2016, Togo exported $130k to Armenia. There were not main exports from Togo to Armenia in 2016. During the last 5 years the exports of Togo to Armenia have decreased at an annualized rate of 32.6%, from $934k in 2021 to $130k in 2016.

Exports from Armenia (Flag) to Togo (Flag) (2021)

Exports from Togo (Flag) to Armenia (Flag) (2021)

Latest Data

Trade between Armenia (Flag) and Togo (Flag)

Armenia Exports

Date

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Togo
Top Destination
United Arab Emirates$2.65B

This map shows whether countries import more from Armenia or Togo. Each country is colored based on the difference in imports they receive from Armenia and Togo or the difference in the growth in imports.

In 2023, countries that imported more from Armenia than Togo included Russia ($3.38B), Hong Kong ($669M), and Georgia ($340M).

In 2023, countries that imported more from Togo than Armenia included Angola ($856M), India ($859M), and United Arab Emirates ($2.65B).

Difference in imports from Togo (Flag) and Armenia (Flag) (2023)

Comparative Advantage Armenia - Togo

Flow
Scale

This chart compares trade between Armenia and Togo by product, considering products traded by both, Armenia and Togo.

During 2016, Togo had a large net trade with Armenia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Togo+$2.29kTelephones
Top Product Potential Togo Armenia+$3.08kGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Armenia and Togo. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Togo. Similarly, a dot/product with the flag of Togo indicates it has a comparative advantage over Armenia.

Product Space of Armenia (Flag) and Togo (Flag) (2021)

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