Trade Trend

In 2023, Togo's total export value is 1.46Billion USD, total import value is 3.05Billion USD, Deficit is -1.60Billion USD, and foreign trade dependency is 0.491. In 2023，Togo's top export products are Natural calcium phosphates; natural aluminium calcium phosphates and phosphatic chalk(279.25Million USD), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(185.41Million USD), Plastic articles for the conveyance or packing of goods; stoppers, lids, caps and other closures of plastics(88.94Million USD), top export destinations are India(327.23Million USD), Burkina Faso(133.21Million USD), Benin(122.72Million USD). In 2023, Togo's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(189.70Million USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(128.17Million USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(117.23Million USD), top import origins are China(580.21Million USD), France(275.24Million USD), India(242.26Million USD).

Comparing to 2022, Togo's total export value increased 170.88Million USD(13.31%) in 2023, this could result from its export increases of products such as Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(95.86Million USD or 107.05%), Oilcake and other solid residues; whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil(67.73Million USD or 485.50%), Palm oil and its fractions; whether or not refined, but not chemically modified(22.30Million USD or 47.61%) and export increases to countries/economics such as India(103.84Million USD or 46.48%), North Korea(24.50Million USD or 2.54Million%), Mali(19.37Million USD or 20.50%). Comparing to 2022, Togo's total import value increased 109.96Million USD(3.74%) in 2023, this could result from its import increases of products such as Soya beans, whether or not broken(56.48Million USD or 385.10%), Palm oil and its fractions; whether or not refined, but not chemically modified(44.28Million USD or 67.60%), Electrical energy(43.56Million USD or 83.27%), and its import increases from countries/economies such as India(69.85Million USD or 40.52%), China(53.04Million USD or 10.06%), Turkey(52.12Million USD or 61.90%).

Cumulated to first 7 months of 2024, Togo's total export value is 544.05Million USD, total import value is 1.95Billion USD, and tradedeficit is -1.41Billion USD. Cumulated to first 7 months of 2024, Togo's top export products are Natural calcium phosphates; natural aluminium calcium phosphates and phosphatic chalk(77.87Million USD), Oil seeds and oleaginous fruits, n.e.c. in chapter 12; whether or not broken(73.58Million USD), Soya beans, whether or not broken(47.88Million USD), and top export destinations are India(113.04Million USD), China(71.52Million USD), Cote D'ivoire(49.50Million USD). Cumulated to first 7 months of 2024, Togo's top import products are Natural calcium phosphates; natural aluminium calcium phosphates and phosphatic chalk(77.87Million USD), Oil seeds and oleaginous fruits, n.e.c. in chapter 12; whether or not broken(73.58Million USD), Soya beans, whether or not broken(47.88Million USD), and top import origins areChina(768.33Million USD), India(287.89Million USD), Belgium(149.01Million USD).