Togo (TGO) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Togo-Spain Trade: In 2023, Togo exported $8.47M to Spain. The main products that Togo exported to Spain were Cocoa Beans ($5.77M), Cassava ($1.03M), and Soybeans ($554k). Over the past 5 years the exports of Togo to Spain have decreased at an annualized rate of 5.69%, from $11.4M in 2018 to $8.47M in 2023.

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

Spain-Togo Trade: In 2023, Spain exported $106M to Togo. The main products that Spain exported to Togo were Refined Petroleum ($12.4M), Coal Briquettes ($10.7M), and Iron Blocks ($9.89M). Over the past 5 years the exports of Spain to Togo have decreased at an annualized rate of 4.03%, from $131M in 2018 to $106M in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Togo exported $8.47M to Spain. The main products exported from Togo to Spain were Cocoa Beans ($5.77M), Cassava ($1.03M), and Soybeans ($554k). During the last 5 years the exports of Togo to Spain have decreased at an annualized rate of 5.69%, from $11.4M in 2018 to $8.47M in 2023.

In 2018, Spain exported $106M to Togo. The main products exported from Spain to Togo were Refined Petroleum ($12.4M), Coal Briquettes ($10.7M), and Iron Blocks ($9.89M). During the last 5 years the exports of Spain to Togo have decreased at an annualized rate of 4.03%, from $131M in 2023 to $106M in 2018.

Exports from Togo () to Spain () (2023)

Exports from Spain () to Togo () (2023)

Latest Data

Trade between Togo () and Spain ()

Togo Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$2.65B

Spain
Top DestinationFrance$61.9B

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

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

In 2023, countries that imported more from Spain than Togo included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

Difference in imports from Spain () and Togo () (2023)

Comparative Advantage Togo - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Togo had a large net trade with Spain in the exports of Foodstuffs ($6M), Vegetable Products ($1.93M), and Machines ($297k).

During 2018, Spain had a large net trade with Togo in the exports of Mineral Products ($28.6M), Metals ($20.4M), and Foodstuffs ($15.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Togo Spain+$2.02MSoybeans

Top Product Potential Spain Togo+$25.3MRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Togo () to Spain () (2023)

Exports from Spain () to Togo () (2023)

Latest Data

Trade between Togo () and Spain ()

Togo Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Togo () (2023)

Comparative Advantage Togo - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Togo () and Spain () (2023)

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