2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC
$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH
20.9%CURRENT US$
Rnk 84 / 186

About

Belgium-Togo Trade: In 2022, Belgium exported $575M to Togo. The main products that Belgium exported to Togo were Refined Petroleum ($484M), Cars ($15.6M), and Vaccines, blood, antisera, toxins and cultures ($14.6M). Over the past 5 years the exports of Belgium to Togo have increased at an annualized rate of 20.9%, from $223M in 2017 to $575M in 2022.

In 2022, Belgium did not export any services to Togo.

Togo-Belgium Trade: In 2022, Togo exported $23.9M to Belgium. The main products that Togo exported to Belgium were Soybeans ($12.9M), Cocoa Beans ($3.03M), and Oil Seed Flower ($1.35M). Over the past 5 years the exports of Togo to Belgium have increased at an annualized rate of 14.9%,  from $11.9M in 2017 to $23.9M in 2022.

In 2022, Togo did not export any services to Belgium.

Comparison: In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). 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
Value

In 2022, Belgium exported $575M to Togo. The main products exported from Belgium to Togo were Refined Petroleum ($484M), Cars ($15.6M), and Vaccines, blood, antisera, toxins and cultures ($14.6M). During the last 5 years the exports of Belgium to Togo have increased at an annualized rate of 20.9%, from $223M in 2017 to $575M in 2022.

In 2017, Togo exported $23.9M to Belgium. The main products exported from Togo to Belgium were Soybeans ($12.9M), Cocoa Beans ($3.03M), and Oil Seed Flower ($1.35M). During the last 5 years the exports of Togo to Belgium have increased at an annualized rate of 14.9%, from $11.9M in 2022 to $23.9M in 2017.

Exports from Belgium (Flag) to Togo (Flag) (2022)

Exports from Togo (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Togo
Top Destination
United Arab Emirates$1.19B

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

In 2022, countries that imported more from Belgium than Togo included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Togo than Belgium included Burkina Faso ($249M), Cape Verde ($50M), and Sao Tome and Principe ($29.4M).

Difference in imports from Togo (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Togo

Flow
Scale

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

During 2022, Belgium had a large net trade with Togo in the exports of Mineral Products ($484M), Transportation ($25.8M), and Chemical Products ($20.6M).

During 2017, Togo had a large net trade with Belgium in the exports of Vegetable Products ($17.2M), Foodstuffs ($3.17M), and Metals ($1.29M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Togo+$3.04MCars
Top Product Potential Togo Belgium+$2.59MSoybeans

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

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

Product Space of Belgium (Flag) and Togo (Flag) (2022)

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