2023
Flag  
GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 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 
$64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC
$986CURRENT US$
Rnk 178 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 105 / 195

About

Australia-Togo Trade: In 2023, Australia exported $2.09M to Togo. The main products that Australia exported to Togo were Equine and Bovine Hides ($389k), Malt ($306k), and Tanned Equine and Bovine Hides ($161k). Over the past 5 years the exports of Australia to Togo have decreased at an annualized rate of 26.6%, from $9.84M in 2018 to $2.09M in 2023.

In 2023, Australia did not export any services to Togo.

Togo-Australia Trade: In 2023, Togo exported $27.4M to Australia. The main products that Togo exported to Australia were Calcium Phosphates ($27.2M), Textile Scraps ($79.8k), and Pearl Products ($77.1k). Over the past 5 years the exports of Togo to Australia have decreased at an annualized rate of 6.2%,  from $37.7M in 2018 to $27.4M in 2023.

In 2023, Togo did not export any services to Australia.

Comparison: In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). 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

In 2023, Australia exported $2.09M to Togo. The main products exported from Australia to Togo were Equine and Bovine Hides ($389k), Malt ($306k), and Tanned Equine and Bovine Hides ($161k). During the last 5 years the exports of Australia to Togo have decreased at an annualized rate of 26.6%, from $9.84M in 2018 to $2.09M in 2023.

In 2018, Togo exported $27.4M to Australia. The main products exported from Togo to Australia were Calcium Phosphates ($27.2M), Textile Scraps ($79.8k), and Pearl Products ($77.1k). During the last 5 years the exports of Togo to Australia have decreased at an annualized rate of 6.2%, from $37.7M in 2023 to $27.4M in 2018.

Exports from Australia (Flag) to Togo (Flag) (2023)

Exports from Togo (Flag) to Australia (Flag) (2023)

Latest Data

Trade between Australia (Flag) and Togo (Flag)

Australia Exports

Togo Exports

Market Competitiveness

Color
Australia
Top Destination
China$137B
Togo
Top Destination
United Arab Emirates$2.65B

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

In 2023, countries that imported more from Australia than Togo included China ($137B), Japan ($59B), and South Korea ($20.9B).

In 2023, countries that imported more from Togo than Australia included Angola ($856M), Burkina Faso ($239M), and Cote d'Ivoire ($221M).

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

Comparative Advantage Australia - Togo

Flow
Scale

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

During 2023, Australia had a large net trade with Togo in the exports of Animal Hides ($554k), Vegetable Products ($306k), and Textiles ($230k).

During 2018, Togo had a large net trade with Australia in the exports of Mineral Products ($27.2M), Precious Metals ($89.1k), and Textiles ($89.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Togo+$238kTelephones
Top Product Potential Togo Australia+$74.4kBeauty Products

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 Australia and Togo. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Togo. Similarly, a dot/product with the flag of Togo indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Togo (Flag) (2023)

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