Bulgaria (BGR) and Togo (TGO) Trade | The Observatory of Economic Complexity

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Bulgaria-Togo Trade: In 2023, Bulgaria exported $679k to Togo. The main products that Bulgaria exported to Togo were Used Clothing ($283k), Vaccines, blood, antisera, toxins and cultures ($133k), and Electric Motors ($39.4k). Over the past 5 years the exports of Bulgaria to Togo have decreased at an annualized rate of 5.79%, from $915k in 2018 to $679k in 2023.

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

Togo-Bulgaria Trade: In 2023, Togo exported $362k to Bulgaria. The main products that Togo exported to Bulgaria were Cocoa Beans ($355k), Soybeans ($3.76k), and Soybean Meal ($1.4k). Over the past 5 years the exports of Togo to Bulgaria have increased at an annualized rate of 160%, from $3.03k in 2018 to $362k in 2023.

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

Comparison: In 2023, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B). 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, Bulgaria exported $679k to Togo. The main products exported from Bulgaria to Togo were Used Clothing ($283k), Vaccines, blood, antisera, toxins and cultures ($133k), and Electric Motors ($39.4k). During the last 5 years the exports of Bulgaria to Togo have decreased at an annualized rate of 5.79%, from $915k in 2018 to $679k in 2023.

In 2018, Togo exported $362k to Bulgaria. The main products exported from Togo to Bulgaria were Cocoa Beans ($355k), Soybeans ($3.76k), and Soybean Meal ($1.4k). During the last 5 years the exports of Togo to Bulgaria have increased at an annualized rate of 160%, from $3.03k in 2023 to $362k in 2018.

Exports from Bulgaria () to Togo () (2023)

Exports from Togo () to Bulgaria () (2023)

Latest Data

Trade between Bulgaria () and Togo ()

Bulgaria Exports

Date

Togo Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.84B

Togo
Top DestinationUnited Arab Emirates$2.65B

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

In 2023, countries that imported more from Bulgaria than Togo included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

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

Difference in imports from Togo () and Bulgaria () (2023)

Comparative Advantage Bulgaria - Togo

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bulgaria had a large net trade with Togo in the exports of Textiles ($283k), Machines ($151k), and Chemical Products ($133k).

During 2018, Togo had a large net trade with Bulgaria in the exports of Foodstuffs ($357k), Vegetable Products ($4.84k), and Animal and Vegetable Bi-Products ($126).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Togo+$108kPoultry Meat

Top Product Potential Togo Bulgaria+$48.1kSoybeans

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Togo () (2023)

Exports from Togo () to Bulgaria () (2023)

Latest Data

Trade between Bulgaria () and Togo ()

Bulgaria Exports

Togo Exports

Market Competitiveness

Difference in imports from Togo () and Bulgaria () (2023)

Comparative Advantage Bulgaria - Togo

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Togo () (2023)

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