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2022
Flag → Flag
Exports $575MRnk 59 / 222
2022
Flag → Flag
Top Product $484MRefined Petroleum
2022
Flag → Flag
Exports $23.9MRnk 30 / 134
2022
Flag → Flag
Top Product $12.9MSoybeans
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 111 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH20.9%CURRENT US$
Rnk 84 / 186

About

Belgium-Togo Trade: In 2022, Belgium exported $575M to Togo. The main products that Belgium exported to Togo were Refined Petroleum ($484M), Cars ($15.6M), and Vaccines, blood, antisera, toxins and cultures ($14.6M). Over the past 5 years the exports of Belgium to Togo have increased at an annualized rate of 20.9%, from $223M in 2017 to $575M in 2022.

In 2022, Belgium did not export any services to Togo.

Togo-Belgium Trade: In 2022, Togo exported $23.9M to Belgium. The main products that Togo exported to Belgium were Soybeans ($12.9M), Cocoa Beans ($3.03M), and Oil Seed Flower ($1.35M). Over the past 5 years the exports of Togo to Belgium have increased at an annualized rate of 14.9%,  from $11.9M in 2017 to $23.9M in 2022.

In 2022, Togo did not export any services to Belgium.

Comparison: In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, Togo ranked 111 in the Economic Complexity Index (ECI -0.99), and 128 in total exports ($4.48B).

Latest Trends

August, 2024

About

Overview In August 2024, Belgium exported €21.7M and imported €1.07M from Togo, resulting in a positive trade balance of €20.6M. Between August 2023 and August 2024 the exports of Belgium have decreased by €-63.5M (-74.5%) from €85.2M to €21.7M, while imports decreased by €-424k (-28.4%) from €1.49M to €1.07M.

Trade In August 2024, the top exports of Belgium to Togo were Mineral fuels, mineral oils and products... (€29.3M), Cars, tractors, trucks & parts thereof. (€2.78M), Pharmaceutical products (€1.07M), Books, newspapers, & other prints (€824k), and Glass & glassware (€546k). In August 2024 the top imports of Belgium from Togo were Cocoa & cocoa preparations (€243k), Oils seeds, oleaginous fruits, grains, straw... (€134k), Edible vegetables, roots, & tubers (€53.4k), Coffee, tea, mate & spices (€51.5k), and Soap, cleaners, candles, dental, modelling pastes (€10.5k).

Growth In August 2024, the decrease in Belgium's year-by-year exports to Togo was explained primarily by an decrease in product exports in Iron/Steel Articles (€-108k or -75.6%), Rubber & articles thereof (€-74.8k or -68.4%), and Iron & steel (€-73.7k or -98.1%). In August 2024, the decrease in Belgium's year-by-year imports  from Togo was explained primarily by an decrease in product imports  in Oils seeds, oleaginous fruits, grains, straw... (€-483k or -78.3%), Preparations of cereals, flour, starch or... (€-4.93k or -78.5%), and Products of the milling industry (€-4.4k or -99.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-63.5M(-74.5%)
IMPORT GROWTH (August 2023 - August 2024)€-424k(-28.4%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Togo and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Togo and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $575M to Togo. The main products exported from Belgium to Togo were Refined Petroleum ($484M), Cars ($15.6M), and Vaccines, blood, antisera, toxins and cultures ($14.6M). During the last 5 years the exports of Belgium to Togo have increased at an annualized rate of 20.9%, from $223M in 2017 to $575M in 2022.

In 2017, Togo exported $23.9M to Belgium. The main products exported from Togo to Belgium were Soybeans ($12.9M), Cocoa Beans ($3.03M), and Oil Seed Flower ($1.35M). During the last 5 years the exports of Togo to Belgium have increased at an annualized rate of 14.9%, from $11.9M in 2022 to $23.9M in 2017.

Exports from Belgium (Flag) to Togo (Flag) (2022)

Exports from Togo (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Togo
Top DestinationUnited Arab Emirates$1.19B

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

In 2022, countries that imported more from Belgium than Togo included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Togo than Belgium included Burkina Faso ($249M), Cape Verde ($50M), and Sao Tome and Principe ($29.4M).

Difference in imports from Togo (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Togo

Flow
Scale

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

During 2022, Belgium had a large net trade with Togo in the exports of Mineral Products ($484M), Transportation ($25.8M), and Chemical Products ($20.6M).

During 2017, Togo had a large net trade with Belgium in the exports of Vegetable Products ($17.2M), Foodstuffs ($3.17M), and Metals ($1.29M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Togo+$3.04MCars
Top Product Potential Togo Belgium+$2.59MSoybeans

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

Product Space of Belgium (Flag) and Togo (Flag) (2022)

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