Togo (TGO) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Togo-Guatemala Trade: In 2023, Togo exported $45 to Guatemala. The main products that Togo exported to Guatemala were Ball Bearings ($45). Over the past 23 years the exports of Togo to Guatemala have decreased at an annualized rate of 35.8%, from $1.2M in 2000 to $45 in 2023.

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

Guatemala-Togo Trade: In 2023, Guatemala exported $15.3M to Togo. The main products that Guatemala exported to Togo were Raw Sugar ($15.2M), Awnings, Tents, and Sails ($43.3k), and Packing Bags ($8.4k). Over the past 23 years the exports of Guatemala to Togo have increased at an annualized rate of 13.2%, from $8.2M in 2000 to $15.3M in 2023.

In 2023, Guatemala 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, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Togo exported $45 to Guatemala. The main products exported from Togo to Guatemala were Ball Bearings ($45). During the last 23 years the exports of Togo to Guatemala have decreased at an annualized rate of 35.8%, from $1.2M in 2000 to $45 in 2023.

In 2018, Guatemala exported $15.3M to Togo. The main products exported from Guatemala to Togo were Raw Sugar ($15.2M), Awnings, Tents, and Sails ($43.3k), and Packing Bags ($8.4k). During the last 5 years the exports of Guatemala to Togo have increased at an annualized rate of 13.2%, from $8.2M in 2023 to $15.3M in 2018.

Exports from Togo () to Guatemala () (2023)

Exports from Guatemala () to Togo () (2023)

Latest Data

Trade between Togo () and Guatemala ()

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$2.65B

Guatemala
Top DestinationUnited States$5.16B

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

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

In 2023, countries that imported more from Guatemala than Togo included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

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

Comparative Advantage Togo - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Togo had a large net trade with Guatemala in the exports of Machines ($45).

During 2018, Guatemala had a large net trade with Togo in the exports of Foodstuffs ($15.2M), Textiles ($51.7k), and Metals ($7.92k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Togo Guatemala+$4.45kRefined Petroleum

Top Product Potential Guatemala Togo+$67.8kRaw Sugar

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

About

Historical Data

Bilateral Trade by Products

Exports from Togo () to Guatemala () (2023)

Exports from Guatemala () to Togo () (2023)

Latest Data

Trade between Togo () and Guatemala ()

Guatemala Exports

Market Competitiveness

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

Comparative Advantage Togo - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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