2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH
20.9%CURRENT US$
Rnk 84 / 186

About

Italy-Togo Trade: In 2022, Italy exported $78.8M to Togo. The main products that Italy exported to Togo were Refined Petroleum ($23.2M), Phenols ($8.3M), and Cellulose Fibers Paper ($4.19M). Over the past 5 years the exports of Italy to Togo have increased at an annualized rate of 6.45%, from $57.7M in 2017 to $78.8M in 2022.

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

Togo-Italy Trade: In 2022, Togo exported $26.5M to Italy. The main products that Togo exported to Italy were Soybeans ($18.6M), Cocoa Beans ($3.2M), and Scrap Copper ($1.87M). Over the past 5 years the exports of Togo to Italy have increased at an annualized rate of 7.81%,  from $13.5M in 2017 to $26.5M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). 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, Italy exported $78.8M to Togo. The main products exported from Italy to Togo were Refined Petroleum ($23.2M), Phenols ($8.3M), and Cellulose Fibers Paper ($4.19M). During the last 5 years the exports of Italy to Togo have increased at an annualized rate of 6.45%, from $57.7M in 2017 to $78.8M in 2022.

In 2017, Togo exported $26.5M to Italy. The main products exported from Togo to Italy were Soybeans ($18.6M), Cocoa Beans ($3.2M), and Scrap Copper ($1.87M). During the last 5 years the exports of Togo to Italy have increased at an annualized rate of 7.81%, from $13.5M in 2022 to $26.5M in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Togo
Top Destination
United Arab Emirates$1.19B

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

In 2022, countries that imported more from Italy than Togo included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

Comparative Advantage Italy - Togo

Flow
Scale

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

During 2022, Italy had a large net trade with Togo in the exports of Mineral Products ($23.2M), Chemical Products ($13.3M), and Machines ($13.1M).

During 2017, Togo had a large net trade with Italy in the exports of Vegetable Products ($20.7M), Foodstuffs ($3.2M), and Metals ($1.89M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Togo+$26.9MRefined Petroleum
Top Product Potential Togo Italy+$7.5MSoybeans

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

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

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