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2023
Flag → Flag
Exports $239MRnk 4 / 126
2023
Flag → Flag
Top Product $100MElectricity
2023
Flag → Flag
Exports $114MRnk 6 / 125
2023
Flag → Flag
Top Product $51.6MSoybeans
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 103 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$9.17BCURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP GROWTH52.3%CURRENT US$
Rnk 70 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC $986CURRENT US$
Rnk 178 / 195
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 105 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Togo-Burkina Faso Trade: In 2023, Togo exported $239M to Burkina Faso. The main products that Togo exported to Burkina Faso were Electricity ($100M), Cement ($76.7M), and Plastic Lids ($28.5M). Over the past 5 years the exports of Togo to Burkina Faso have increased at an annualized rate of 6.81%, from $172M in 2018 to $239M in 2023.

In 2023, Togo did not export any services to Burkina Faso.

Burkina Faso-Togo Trade: In 2023, Burkina Faso exported $114M to Togo. The main products that Burkina Faso exported to Togo were Soybeans ($51.6M), Coconuts, Brazil Nuts, and Cashews ($22.6M), and Other Oily Seeds ($19.2M). Over the past 5 years the exports of Burkina Faso to Togo have increased at an annualized rate of 14.6%,  from $57.8M in 2018 to $114M in 2023.

In 2023, Burkina Faso did not export any services to Togo.

Comparison: In 2023,  Togo ranked 103 in the Economic Complexity Index (ECI -0.85), and 120 in total exports ($6.6B). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Togo exported $239M to Burkina Faso. The main products exported from Togo to Burkina Faso were Electricity ($100M), Cement ($76.7M), and Plastic Lids ($28.5M). During the last 5 years the exports of Togo to Burkina Faso have increased at an annualized rate of 6.81%, from $172M in 2018 to $239M in 2023.

In 2018, Burkina Faso exported $114M to Togo. The main products exported from Burkina Faso to Togo were Soybeans ($51.6M), Coconuts, Brazil Nuts, and Cashews ($22.6M), and Other Oily Seeds ($19.2M). During the last 5 years the exports of Burkina Faso to Togo have increased at an annualized rate of 14.6%, from $57.8M in 2023 to $114M in 2018.

Exports from Togo (Flag) to Burkina Faso (Flag) (2023)

Exports from Burkina Faso (Flag) to Togo (Flag) (2023)

Latest Data

Trade between Togo (Flag) and Burkina Faso (Flag)

Togo Exports

Burkina Faso Exports

Market Competitiveness

Color
Togo
Top DestinationUnited Arab Emirates$2.65B
Burkina Faso
Top DestinationSwitzerland$6B

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

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

In 2023, countries that imported more from Burkina Faso than Togo included Switzerland ($6B), Mali ($268M), and Uganda ($109M).

Difference in imports from Burkina Faso (Flag) and Togo (Flag) (2023)

Comparative Advantage Togo - Burkina Faso

Flow
Scale

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

During 2023, Togo had a large net trade with Burkina Faso in the exports of Mineral Products ($182M), Plastics and Rubbers ($30.3M), and Animal Products ($5.8M).

During 2018, Burkina Faso had a large net trade with Togo in the exports of Vegetable Products ($95.3M), Machines ($5.06M), and Metals ($4.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Togo Burkina Faso+$4.51MRefined Petroleum
Top Product Potential Burkina Faso Togo+$785kRefined 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 Togo and Burkina Faso. This means that a dot/product with the flag of Togo indicates it has a comparative advantage over Burkina Faso. Similarly, a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Togo.

Product Space of Togo (Flag) and Burkina Faso (Flag) (2023)

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