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2022
Exports $49MWorld Rnk 82 / 149
Flag Rnk 16 / 802
2022
Destination $49M Netherlands
2021 - 2022
FASTEST GROWING MARKET $49MNetherlands
2022
PRODUCT COMPLEXITY IN Crude Petroleum-2.25Rnk 1011 / 1025
2022
Imports $594MWorld Rnk 59 / 158
Flag Rnk 2 / 1053
2022
Origin $181M Nigeria
2021 - 2022
FASTEST GROWING ORIGIN $181MNigeria
2022
ECONOMIC COMPLEXITY of Togo-0.99Rnk 111 / 133

About

Exports In 2022, Togo exported $49M in Crude Petroleum, making it the 82nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 16th most exported product in Togo. The main destination of Crude Petroleum exports from Togo are: Netherlands ($49M), Sweden ($3.42k), Benin ($1.13k), and Belgium ($1).

The fastest growing export markets for Crude Petroleum of Togo between 2021 and 2022 were Netherlands ($49M), Sweden ($3.11k), and Benin ($1.13k).

Imports In 2022, Togo imported $594M in Crude Petroleum, becoming the 59th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Togo. Togo imports Crude Petroleum primarily from: Nigeria ($594M) and South Africa ($773).

The fastest growing import markets in Crude Petroleum for Togo between 2021 and 2022 were Nigeria ($181M) and South Africa ($773).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$49M
IMPORTS (2022)$594M
NET TRADE (2022)-$545M

In 2022, Togo exported $49M in Crude Petroleum. The main destinations of Togo exports on Crude Petroleum were Netherlands ($49M), Sweden ($3.42k), Benin ($1.13k), and Belgium ($1).

In 2022, Togo imported $594M in Crude Petroleum, mainly from Nigeria ($594M) and South Africa ($773).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Togo WERE (2021 - 2022):
Netherlands$49M (1%)
Sweden$3.11k (1.01k%)
Benin$1.13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Togo WERE (2021 - 2022):
India-$45.7M (-100%)
Belgium-$765 (-99.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Togo's main exporting competitors in Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B
In 2022, Togo's main importing competitors in Crude Petroleum were:
China $287B
United States $199B
India $170B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $13.1M
TOP IMPORT POTENTIALSouth Africa+ $11.7k

Crude Petroleum’s highest export potential is Netherlands. With an export gap of $13.1M.   Crude Petroleum’s highest import potential is South Africa with an import gap of $11.7k.

See methodology.

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