Togo (TGO) and Ghana (GHA) Trade | The Observatory of Economic Complexity

About

Togo-Ghana Trade: In 2023, Togo exported $187M to Ghana. The main products that Togo exported to Ghana were Refined Petroleum ($109M), Palm Oil ($14.3M), and Wine ($9.55M). Over the past 5 years the exports of Togo to Ghana have increased at an annualized rate of 22.2%, from $68.5M in 2018 to $187M in 2023.

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

Ghana-Togo Trade: In 2023, Ghana exported $261M to Togo. The main products that Ghana exported to Togo were Electricity ($59.2M), Soybeans ($17.9M), and Plastic Lids ($14.8M). Over the past 5 years the exports of Ghana to Togo have increased at an annualized rate of 9.95%, from $163M in 2018 to $261M in 2023.

In 2023, Ghana 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, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Togo exported $187M to Ghana. The main products exported from Togo to Ghana were Refined Petroleum ($109M), Palm Oil ($14.3M), and Wine ($9.55M). During the last 5 years the exports of Togo to Ghana have increased at an annualized rate of 22.2%, from $68.5M in 2018 to $187M in 2023.

In 2018, Ghana exported $261M to Togo. The main products exported from Ghana to Togo were Electricity ($59.2M), Soybeans ($17.9M), and Plastic Lids ($14.8M). During the last 5 years the exports of Ghana to Togo have increased at an annualized rate of 9.95%, from $163M in 2023 to $261M in 2018.

Exports from Togo () to Ghana () (2023)

Exports from Ghana () to Togo () (2023)

Latest Data

Trade between Togo () and Ghana ()

Togo Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$2.65B

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Togo than Ghana included Angola ($856M), Benin ($163M), and Pakistan ($79.5M).

In 2023, countries that imported more from Ghana than Togo included Switzerland ($6.49B), United Arab Emirates ($4.93B), and South Africa ($1.85B).

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

Comparative Advantage Togo - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Togo had a large net trade with Ghana in the exports of Mineral Products ($121M), Animal and Vegetable Bi-Products ($18.9M), and Foodstuffs ($16.2M).

During 2018, Ghana had a large net trade with Togo in the exports of Mineral Products ($63.4M), Metals ($40.4M), and Plastics and Rubbers ($26.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Togo Ghana+$6.64kRefined Petroleum

Top Product Potential Ghana Togo+$6.92kCrude 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.

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Togo () to Ghana () (2023)

Exports from Ghana () to Togo () (2023)

Latest Data

Trade between Togo () and Ghana ()

Togo Exports

Ghana Exports

Market Competitiveness

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

Comparative Advantage Togo - Ghana

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring