2023
Exports
$50.5MWorld Rnk 77 / 150
Flag Rnk 12 / 834
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$2.46kWorld Rnk 135 / 159
Flag Rnk 999 / 1057
2023
ECONOMIC COMPLEXITY of Togo
-0.85Rnk 103 / 132

About

Exports In 2023, Togo exported $50.5M in Crude Petroleum, making it the 77th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 12th most exported product in Togo. The main destination of Crude Petroleum exports from Togo are: United Kingdom ($33.2M), Netherlands ($17.3M), Sweden ($4.43k), and South Africa ($790).

The fastest growing export markets for Crude Petroleum of Togo between 2022 and 2023 were United Kingdom ($33.2M), South Africa ($790), and Sweden ($475).

Imports In 2023, Togo imported $2.46k in Crude Petroleum, becoming the 135th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 999th most imported product in Togo. Togo imports Crude Petroleum primarily from: Sweden ($1.93k) and South Africa ($527).

The fastest growing import markets in Crude Petroleum for Togo between 2022 and 2023 were Sweden ($1.93k).

Latest Trends

Dec 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 (2023)$50.5M
IMPORTS (2023)$2.46k
NET TRADE (2023)$50.5M

In 2023, Togo exported $50.5M in Crude Petroleum. The main destinations of Togo exports on Crude Petroleum were United Kingdom ($33.2M), Netherlands ($17.3M), Sweden ($4.43k), and South Africa ($790).

In 2023, Togo imported $2.46k in Crude Petroleum, mainly from Sweden ($1.93k) and South Africa ($527).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Togo WERE (2022 - 2023):
United Kingdom$33.2M (1%)
South Africa$790 (1%)
Sweden$475 (12%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Togo WERE (2022 - 2023):
Netherlands-$39.2M (-69.4%)
Ghana-$55.4k (-100%)
Benin-$1.24k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Togo's main exporting competitors in Crude Petroleum were:
In 2023, Togo's main importing competitors in Crude Petroleum were:

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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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