Somalia (SOM) and Togo (TGO) Trade | The Observatory of Economic Complexity

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Somalia (SOM) and Togo (TGO) Trade

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Exports $17.4kRnk 66 / 0

2022

Economic Complexity (ECI) ECI -0.99Rnk 111 / 133

2022

GDP$8.13BCURRENT US$
Rnk 148 / 186

2012-2022

GDP GROWTH0%CURRENT US$
Rnk 165 / 186

2022

GDP$8.13BCURRENT US$
Rnk 147 / 186

2012-2022

GDP GROWTH54.4%CURRENT US$
Rnk 50 / 186

2022

GDP PC $462CURRENT US$
Rnk 183 / 186

2012-2022

GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

2022

GDP PC$918CURRENT US$
Rnk 171 / 186

2012-2022

GDP PC GROWTH20.9%CURRENT US$
Rnk 84 / 186

Image 1

Image by AMISOM Public Information
Link: https://flic.kr/p/cMaH8S

Image 2

Image by Jeff Attaway
Link: https://flic.kr/p/65e6DZ

Historical Data
Potential Exports
Economic Complexity

About

In N/A, Somalia did not export any services to Togo.

Togo-Somalia Trade: In N/A, Togo exported $17.4k to Somalia. The main products that Togo exported to Somalia were N/A. Over the past N/A years the exports of Togo to Somalia have decreased at an annualized rate of 14.4%, from $37.9k in N/A to $17.4k in N/A.

In N/A, Togo did not export any services to Somalia.

Comparison In 2022, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index. That same year, Togo ranked 111 in the Economic Complexity Index (ECI -0.99), and 128 in total exports ($4.48B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Somalia does not register exports to Togo.

In 2016, Togo exported $17.4k to Somalia. There were not main exports from Togo to Somalia in 2016. During the last 5 years the exports of Togo to Somalia have decreased at an annualized rate of 14.4%, from $37.9k in 2021 to $17.4k in 2016.

Exports from Somalia () to Togo () (2021)

Exports from Togo () to Somalia () (2021)

Latest Data

Trade between Somalia () and Togo ()

Togo Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$283M

Togo
Top DestinationUnited Arab Emirates$1.19B

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

In 2022, countries that imported more from Somalia than Togo included Oman ($173M), Kuwait ($13.5M), and Bahrain ($9M).

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

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

Comparative Advantage Somalia - Togo

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, Togo had a large net trade with Somalia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia Togo+$1.08kRefined Petroleum

Top Product Potential Togo Somalia+$2.21kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

Product Space of Somalia () and Togo () (2021)

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