Bangladesh (BGD) and Togo (TGO) Trade | The Observatory of Economic Complexity

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Bangladesh-Togo Trade: In 2022, Bangladesh exported $57.6k to Togo. The main products that Bangladesh exported to Togo were Packaged Medicaments ($39.2k), Other Knit Garments ($11.2k), and Packing Bags ($3.81k). Over the past 5 years the exports of Bangladesh to Togo have decreased at an annualized rate of 26.7%, from $272k in 2017 to $57.6k in 2022.

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

Togo-Bangladesh Trade: In 2022, Togo exported $4.35M to Bangladesh. The main products that Togo exported to Bangladesh were Raw Cotton ($4.32M) and Cotton Waste ($33k). Over the past 5 years the exports of Togo to Bangladesh have decreased at an annualized rate of 21.6%, from $14.7M in 2017 to $4.35M in 2022.

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

Comparison: In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Togo ranked 111 in the Economic Complexity Index (ECI -0.99), and 128 in total exports ($4.48B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $57.6k to Togo. The main products exported from Bangladesh to Togo were Packaged Medicaments ($39.2k), Other Knit Garments ($11.2k), and Packing Bags ($3.81k). During the last 5 years the exports of Bangladesh to Togo have decreased at an annualized rate of 26.7%, from $272k in 2017 to $57.6k in 2022.

In 2017, Togo exported $4.35M to Bangladesh. The main products exported from Togo to Bangladesh were Raw Cotton ($4.32M) and Cotton Waste ($33k). During the last 5 years the exports of Togo to Bangladesh have decreased at an annualized rate of 21.6%, from $14.7M in 2022 to $4.35M in 2017.

Exports from Bangladesh () to Togo () (2022)

Exports from Togo () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Togo ()

Togo Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Togo
Top DestinationUnited Arab Emirates$1.19B

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

In 2022, countries that imported more from Bangladesh than Togo included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Togo than Bangladesh included Cote d'Ivoire ($474M), United Arab Emirates ($1.19B), and Burkina Faso ($249M).

Difference in imports from Togo () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Togo

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Togo in the exports of Chemical Products ($39.2k) and Textiles ($18.4k).

During 2017, Togo had a large net trade with Bangladesh in the exports of Textiles ($4.35M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Togo+$3.45kKnit T-shirts

Top Product Potential Togo Bangladesh+$6.27kRefined 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 Bangladesh and Togo. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Togo. Similarly, a dot/product with the flag of Togo indicates it has a comparative advantage over Bangladesh.

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Togo () (2022)

Exports from Togo () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Togo ()

Togo Exports

Market Competitiveness

Difference in imports from Togo () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Togo

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and Togo () (2022)

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