2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 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 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC
$986CURRENT US$
Rnk 178 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 105 / 195

About

Norway-Togo Trade: In 2023, Norway exported $5.12M to Togo. The main products that Norway exported to Togo were Refined Petroleum ($2.1M), Non-fillet Frozen Fish ($1.2M), and Navigation Equipment ($421k). Over the past 5 years the exports of Norway to Togo have decreased at an annualized rate of 56.7%, from $336M in 2018 to $5.12M in 2023.

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

Togo-Norway Trade: In 2023, Togo exported $10.7k to Norway. The main products that Togo exported to Norway were Air Pumps ($5.75k), Engine Parts ($2.16k), and Tropical Fruits ($1.47k). Over the past 5 years the exports of Togo to Norway have increased at an annualized rate of 24.8%,  from $3.52k in 2018 to $10.7k in 2023.

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

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). 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, Norway exported $5.12M to Togo. The main products exported from Norway to Togo were Refined Petroleum ($2.1M), Non-fillet Frozen Fish ($1.2M), and Navigation Equipment ($421k). During the last 5 years the exports of Norway to Togo have decreased at an annualized rate of 56.7%, from $336M in 2018 to $5.12M in 2023.

In 2018, Togo exported $10.7k to Norway. The main products exported from Togo to Norway were Air Pumps ($5.75k), Engine Parts ($2.16k), and Tropical Fruits ($1.47k). During the last 5 years the exports of Togo to Norway have increased at an annualized rate of 24.8%, from $3.52k in 2023 to $10.7k in 2018.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Togo
Top Destination
United Arab Emirates$2.65B

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

In 2023, countries that imported more from Norway than Togo included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Togo than Norway included United Arab Emirates ($2.65B), Angola ($856M), and Burkina Faso ($239M).

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

Comparative Advantage Norway - Togo

Flow
Scale

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

During 2023, Norway had a large net trade with Togo in the exports of Mineral Products ($2.1M), Machines ($1.3M), and Animal Products ($1.21M).

During 2018, Togo had a large net trade with Norway in the exports of Machines ($7.9k), Vegetable Products ($1.57k), and Mineral Products ($595).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Togo+$164kCars
Top Product Potential Togo Norway+$5.83kRefined 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

This visualization shows the product space at the HS4 level with the flags of Norway and Togo. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Togo. Similarly, a dot/product with the flag of Togo indicates it has a comparative advantage over Norway.

Product Space of Norway (Flag) and Togo (Flag) (2023)

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