2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
 GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 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
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

Togo-Honduras Trade: In 2021, Togo exported $6.97k to Honduras. The main products that Togo exported to Honduras were N/A. Over the past 16 years the exports of Togo to Honduras have decreased at an annualized rate of 4.71%, from $15.1k in 2005 to $6.97k in 2021.

In 2021, Togo did not export any services to Honduras.

Honduras-Togo In N/A, Honduras did not export any products to Togo.

In 2021, Honduras 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, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Togo exported $6.97k to Honduras. There were not main exports from Togo to Honduras in 2021. During the last 16 years the exports of Togo to Honduras have decreased at an annualized rate of 4.71%, from $15.1k in 2005 to $6.97k in 2021.

Honduras does not register exports to Togo.

Exports from Togo (Flag) to Honduras (Flag) (2021)

Exports from Honduras (Flag) to Togo (Flag) (2021)

Market Competitiveness

Color
Togo
Top Destination
United Arab Emirates$1.19B
Honduras
Top Destination
United States$6.31B

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

In 2022, countries that imported more from Togo than Honduras included United Arab Emirates ($1.19B), India ($511M), and Cote d'Ivoire ($474M).

In 2022, countries that imported more from Honduras than Togo included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

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

Comparative Advantage Togo - Honduras

Flow
Scale

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

During 2021, Togo had a large net trade with Honduras in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Togo Honduras+$3.7kRefined Petroleum
Top Product Potential Honduras Togo+$2.46kPalm Oil

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

Product Space of Togo (Flag) and Honduras (Flag) (2021)

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