Burkina Faso (BFA) and Togo (TGO) Trade | The Observatory of Economic Complexity

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Burkina Faso-Togo Trade: In 2023, Burkina Faso exported $114M to Togo. The main products that Burkina Faso exported to Togo were Soybeans ($51.6M), Coconuts, Brazil Nuts, and Cashews ($22.6M), and Other Oily Seeds ($19.2M). Over the past 5 years the exports of Burkina Faso to Togo have increased at an annualized rate of 14.6%, from $57.8M in 2018 to $114M in 2023.

In 2023, Burkina Faso did not export any services to Togo.

Togo-Burkina Faso Trade: In 2023, Togo exported $239M to Burkina Faso. The main products that Togo exported to Burkina Faso were Electricity ($100M), Cement ($76.7M), and Plastic Lids ($28.5M). Over the past 5 years the exports of Togo to Burkina Faso have increased at an annualized rate of 6.81%, from $172M in 2018 to $239M in 2023.

In 2023, Togo did not export any services to Burkina Faso.

Comparison: In 2023, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Burkina Faso exported $114M to Togo. The main products exported from Burkina Faso to Togo were Soybeans ($51.6M), Coconuts, Brazil Nuts, and Cashews ($22.6M), and Other Oily Seeds ($19.2M). During the last 5 years the exports of Burkina Faso to Togo have increased at an annualized rate of 14.6%, from $57.8M in 2018 to $114M in 2023.

In 2018, Togo exported $239M to Burkina Faso. The main products exported from Togo to Burkina Faso were Electricity ($100M), Cement ($76.7M), and Plastic Lids ($28.5M). During the last 5 years the exports of Togo to Burkina Faso have increased at an annualized rate of 6.81%, from $172M in 2023 to $239M in 2018.

Exports from Burkina Faso () to Togo () (2023)

Exports from Togo () to Burkina Faso () (2023)

Latest Data

Trade between Burkina Faso () and Togo ()

Burkina Faso Exports

Date

Togo Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burkina Faso
Top DestinationSwitzerland$6B

Togo
Top DestinationUnited Arab Emirates$2.65B

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

In 2023, countries that imported more from Burkina Faso than Togo included Switzerland ($6B), Mali ($268M), and Uganda ($109M).

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

Difference in imports from Togo () and Burkina Faso () (2023)

Comparative Advantage Burkina Faso - Togo

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Burkina Faso had a large net trade with Togo in the exports of Vegetable Products ($95.3M), Machines ($5.06M), and Metals ($4.9M).

During 2018, Togo had a large net trade with Burkina Faso in the exports of Mineral Products ($182M), Plastics and Rubbers ($30.3M), and Animal Products ($5.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Burkina Faso Togo+$785kRefined Petroleum

Top Product Potential Togo Burkina Faso+$4.51MRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Burkina Faso () to Togo () (2023)

Exports from Togo () to Burkina Faso () (2023)

Latest Data

Trade between Burkina Faso () and Togo ()

Burkina Faso Exports

Togo Exports

Market Competitiveness

Difference in imports from Togo () and Burkina Faso () (2023)

Comparative Advantage Burkina Faso - Togo

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burkina Faso () and Togo () (2023)

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