2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC 
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH
20.9%CURRENT US$
Rnk 84 / 186

About

Spain-Togo Trade: In 2022, Spain exported $88.1M to Togo. The main products that Spain exported to Togo were Refined Petroleum ($25.8M), Wine ($9.95M), and Poultry Meat ($6.5M). Over the past 5 years the exports of Spain to Togo have decreased at an annualized rate of 10.4%, from $153M in 2017 to $88.1M in 2022.

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

Togo-Spain Trade: In 2022, Togo exported $4.98M to Spain. The main products that Togo exported to Spain were Cassava ($1.6M), Engine Parts ($1.34M), and Cocoa Beans ($1.1M). Over the past 5 years the exports of Togo to Spain have decreased at an annualized rate of 23.4%,  from $18.9M in 2017 to $4.98M in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). 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
Value

In 2022, Spain exported $88.1M to Togo. The main products exported from Spain to Togo were Refined Petroleum ($25.8M), Wine ($9.95M), and Poultry Meat ($6.5M). During the last 5 years the exports of Spain to Togo have decreased at an annualized rate of 10.4%, from $153M in 2017 to $88.1M in 2022.

In 2017, Togo exported $4.98M to Spain. The main products exported from Togo to Spain were Cassava ($1.6M), Engine Parts ($1.34M), and Cocoa Beans ($1.1M). During the last 5 years the exports of Togo to Spain have decreased at an annualized rate of 23.4%, from $18.9M in 2022 to $4.98M in 2017.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Togo
Top Destination
United Arab Emirates$1.19B

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

In 2022, countries that imported more from Spain than Togo included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Togo than Spain included Burkina Faso ($249M), Cote d'Ivoire ($474M), and Benin ($163M).

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

Comparative Advantage Spain - Togo

Flow
Scale

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

During 2022, Spain had a large net trade with Togo in the exports of Mineral Products ($29.8M), Foodstuffs ($16.3M), and Animal Products ($7.88M).

During 2017, Togo had a large net trade with Spain in the exports of Vegetable Products ($2.4M), Machines ($1.36M), and Foodstuffs ($1.16M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Togo+$25.3MRefined Petroleum
Top Product Potential Togo Spain+$2.02MSoybeans

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

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

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