2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
 GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC 
$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH
20.9%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186

About

Togo-Bulgaria Trade: In 2022, Togo exported $85.8M to Bulgaria. The main products that Togo exported to Bulgaria were Calcium Phosphates ($85.8M), Soybeans ($24.5k), and Coffee and Tea Extracts ($1.6k). Over the past 7 years the exports of Togo to Bulgaria have increased at an annualized rate of 370%, from $1.69k in 2015 to $85.8M in 2022.

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

Bulgaria-Togo Trade: In 2022, Bulgaria exported $724k to Togo. The main products that Bulgaria exported to Togo were Used Clothing ($358k), Poultry Meat ($92.2k), and Vaccines, blood, antisera, toxins and cultures ($46.5k). Over the past 7 years the exports of Bulgaria to Togo have increased at an annualized rate of 4.16%,  from $567k in 2015 to $724k in 2022.

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

Comparison: In 2022,  Togo ranked 111 in the Economic Complexity Index (ECI -0.99), and 128 in total exports ($4.48B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Togo exported $85.8M to Bulgaria. The main products exported from Togo to Bulgaria were Calcium Phosphates ($85.8M), Soybeans ($24.5k), and Coffee and Tea Extracts ($1.6k). During the last 7 years the exports of Togo to Bulgaria have increased at an annualized rate of 370%, from $1.69k in 2015 to $85.8M in 2022.

In 2017, Bulgaria exported $724k to Togo. The main products exported from Bulgaria to Togo were Used Clothing ($358k), Poultry Meat ($92.2k), and Vaccines, blood, antisera, toxins and cultures ($46.5k). During the last 5 years the exports of Bulgaria to Togo have increased at an annualized rate of 4.16%, from $567k in 2022 to $724k in 2017.

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

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

Latest Data

Trade between Togo (Flag) and Bulgaria (Flag)

Togo Exports

Bulgaria Exports

Market Competitiveness

Color
Togo
Top Destination
United Arab Emirates$1.19B
Bulgaria
Top Destination
Germany$6.91B

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

In 2022, countries that imported more from Togo than Bulgaria included United Arab Emirates ($1.19B), Cote d'Ivoire ($474M), and Burkina Faso ($249M).

In 2022, countries that imported more from Bulgaria than Togo included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

Comparative Advantage Togo - Bulgaria

Flow
Scale

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

During 2022, Togo had a large net trade with Bulgaria in the exports of Mineral Products ($85.8M), Vegetable Products ($24.5k), and Foodstuffs ($2.18k).

During 2017, Bulgaria had a large net trade with Togo in the exports of Textiles ($358k), Machines ($102k), and Animal Products ($92.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Togo Bulgaria+$48.1kSoybeans
Top Product Potential Bulgaria Togo+$108kPoultry Meat

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

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

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