Togo (TGO) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Togo-Venezuela Trade: In 2019, Togo exported $55k to Venezuela. The main products that Togo exported to Venezuela were N/A. Over the past 19 years the exports of Togo to Venezuela have decreased at an annualized rate of 10.9%, from $490k in 2000 to $55k in 2019.

In 2019, Togo did not export any services to Venezuela.

Venezuela-Togo Trade: In 2019, Venezuela exported $1.34k to Togo. The main products that Venezuela exported to Togo were N/A. Over the past 19 years the exports of Venezuela to Togo have decreased at an annualized rate of 82.7%, from $8.6M in 2000 to $1.34k in 2019.

In 2019, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Togo exported $55k to Venezuela. There were not main exports from Togo to Venezuela in 2019. During the last 19 years the exports of Togo to Venezuela have decreased at an annualized rate of 10.9%, from $490k in 2000 to $55k in 2019.

In 2013, Venezuela exported $1.34k to Togo. There were not main exports from Venezuela to Togo in 2013. During the last 5 years the exports of Venezuela to Togo have decreased at an annualized rate of 82.7%, from $8.6M in 2018 to $1.34k in 2013.

Exports from Togo () to Venezuela () (2019)

Exports from Venezuela () to Togo () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$1.19B

Venezuela
Top DestinationChina$703M

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

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

In 2022, countries that imported more from Venezuela than Togo included China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Togo - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Togo had a large net trade with Venezuela in the exports of .

During 2013, Venezuela had a large net trade with Togo in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Togo () to Venezuela () (2019)

Exports from Venezuela () to Togo () (2019)

Market Competitiveness

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

Comparative Advantage Togo - Venezuela

Economic Complexity

Competitive Landscape

Product Space of Togo () and Venezuela () (2019)

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