2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP
$9.17BCURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP GROWTH
52.3%CURRENT US$
Rnk 70 / 195
2023
Flag
GDP PC 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$986CURRENT US$
Rnk 178 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 105 / 195

About

Italy-Togo Trade: In 2023, Italy exported $128M to Togo. The main products that Italy exported to Togo were Refined Petroleum ($69.6M), Cellulose Fibers Paper ($3.68M), and Delivery Trucks ($3.28M). Over the past 5 years the exports of Italy to Togo have increased at an annualized rate of 11.7%, from $73.4M in 2018 to $128M in 2023.

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

Togo-Italy Trade: In 2023, Togo exported $28.2M to Italy. The main products that Togo exported to Italy were Soybeans ($16.4M), Cocoa Beans ($6.49M), and Cranes ($2.34M). Over the past 5 years the exports of Togo to Italy have increased at an annualized rate of 27.2%,  from $8.47M in 2018 to $28.2M in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). 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
Value

In 2023, Italy exported $128M to Togo. The main products exported from Italy to Togo were Refined Petroleum ($69.6M), Cellulose Fibers Paper ($3.68M), and Delivery Trucks ($3.28M). During the last 5 years the exports of Italy to Togo have increased at an annualized rate of 11.7%, from $73.4M in 2018 to $128M in 2023.

In 2018, Togo exported $28.2M to Italy. The main products exported from Togo to Italy were Soybeans ($16.4M), Cocoa Beans ($6.49M), and Cranes ($2.34M). During the last 5 years the exports of Togo to Italy have increased at an annualized rate of 27.2%, from $8.47M in 2023 to $28.2M in 2018.

Exports from Italy (Flag) to Togo (Flag) (2023)

Exports from Togo (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Togo
Top Destination
United Arab Emirates$2.65B

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 2023, countries that imported more from Italy than Togo included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Togo than Italy included Angola ($856M), Burkina Faso ($239M), and Benin ($163M).

Difference in imports from Togo (Flag) and Italy (Flag) (2023)

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 2023, Italy had a large net trade with Togo in the exports of Mineral Products ($72.4M), Machines ($13.2M), and Foodstuffs ($5.56M).

During 2018, Togo had a large net trade with Italy in the exports of Vegetable Products ($19M), Foodstuffs ($6.56M), and Machines ($2.35M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with