2022
Exports
$234MWorld Rnk 11 / 139
Flag Rnk 4 / 802
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$4.04MWorld Rnk 88 / 200
Flag Rnk 229 / 1053
2022
ECONOMIC COMPLEXITY of Togo
-0.99Rnk 111 / 133

About

Exports In 2022, Togo exported $234M in Soybeans, making it the 11th largest exporter of Soybeans in the world. At the same year, Soybeans was the 4th most exported product in Togo. The main destination of Soybeans exports from Togo are: India ($101M), United States ($42.4M), Canada ($23.6M), Italy ($18.6M), and France ($13.1M).

The fastest growing export markets for Soybeans of Togo between 2021 and 2022 were India ($41.5M), United States ($38.1M), and Canada ($15.5M).

Imports In 2022, Togo imported $4.04M in Soybeans, becoming the 88th largest importer of Soybeans in the world. At the same year, Soybeans was the 229th most imported product in Togo. Togo imports Soybeans primarily from: Burkina Faso ($3.04M), Ghana ($791k), Benin ($197k), United Arab Emirates ($9.78k), and Nigeria ($1.6k).

The fastest growing import markets in Soybeans for Togo between 2021 and 2022 were Burkina Faso ($932k), Ghana ($752k), and Benin ($139k).

Latest Trends

Aug 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 Soybeans. 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)$234M
IMPORTS (2022)$4.04M
NET TRADE (2022)$230M

In 2022, Togo exported $234M in Soybeans. The main destinations of Togo exports on Soybeans were India ($101M), United States ($42.4M), Canada ($23.6M), Italy ($18.6M), and France ($13.1M).

In 2022, Togo imported $4.04M in Soybeans, mainly from Burkina Faso ($3.04M), Ghana ($791k), Benin ($197k), United Arab Emirates ($9.78k), and Nigeria ($1.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Togo WERE (2021 - 2022):
India$41.5M (70.2%)
United States$38.1M (876%)
Canada$15.5M (192%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Togo WERE (2021 - 2022):
Turkey-$5.55M (-100%)
France-$5.14M (-28.1%)
Netherlands-$3.19M (-64.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Togo's main exporting competitors in Soybeans were:
In 2022, Togo's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.1M
TOP IMPORT POTENTIALBenin+ $247k

Soybeans’s highest export potential is Germany. With an export gap of $10.1M.   Soybeans’s highest import potential is Benin with an import gap of $247k.

See methodology.

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