Togo (TGO) and Iceland (ISL) Trade | The Observatory of Economic Complexity

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Togo-Iceland Trade: In 2022, Togo exported $3.7k to Iceland. The main products that Togo exported to Iceland were Ground Nuts ($1.46k), Leather Apparel ($1.25k), and Legumes ($963). Over the past 6 years the exports of Togo to Iceland have decreased at an annualized rate of 23.2%, from $18k in 2016 to $3.7k in 2022.

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

Iceland-Togo Trade: In 2022, Iceland exported $568k to Togo. The main products that Iceland exported to Togo were Non-fillet Frozen Fish ($481k) and Computers ($87.7k). Over the past 6 years the exports of Iceland to Togo have increased at an annualized rate of 53.1%, from $67.6k in 2016 to $568k in 2022.

In 2022, Iceland 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, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Togo exported $3.7k to Iceland. The main products exported from Togo to Iceland were Ground Nuts ($1.46k), Leather Apparel ($1.25k), and Legumes ($963). During the last 6 years the exports of Togo to Iceland have decreased at an annualized rate of 23.2%, from $18k in 2016 to $3.7k in 2022.

In 2017, Iceland exported $568k to Togo. The main products exported from Iceland to Togo were Non-fillet Frozen Fish ($481k) and Computers ($87.7k). During the last 5 years the exports of Iceland to Togo have increased at an annualized rate of 53.1%, from $67.6k in 2022 to $568k in 2017.

Exports from Togo () to Iceland () (2022)

Exports from Iceland () to Togo () (2022)

Latest Data

Trade between Togo () and Iceland ()

Togo Exports

Date

Jun 2015

Feb 2012

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$1.19B

Iceland
Top DestinationNetherlands$1.97B

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

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

In 2022, countries that imported more from Iceland than Togo included Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

Difference in imports from Iceland () and Togo () (2022)

Comparative Advantage Togo - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Togo had a large net trade with Iceland in the exports of Vegetable Products ($2.45k) and Animal Hides ($1.25k).

During 2017, Iceland had a large net trade with Togo in the exports of Animal Products ($481k) and Machines ($87.7k).

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

Exports from Togo () to Iceland () (2022)

Exports from Iceland () to Togo () (2022)

Latest Data

Trade between Togo () and Iceland ()

Togo Exports

Iceland Exports

Market Competitiveness

Difference in imports from Iceland () and Togo () (2022)

Comparative Advantage Togo - Iceland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Togo () and Iceland () (2022)

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