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Pricing

2022
Flag → Flag
Exports $88.1MRnk 113 / 218
2022
Flag → Flag
Top Product $25.8MRefined Petroleum
2022
Flag → Flag
Exports $4.98MRnk 43 / 134
2022
Flag → Flag
Top Product $1.6MCassava
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 111 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH20.9%CURRENT US$
Rnk 84 / 186

About

Spain-Togo Trade: In 2022, Spain exported $88.1M to Togo. The main products that Spain exported to Togo were Refined Petroleum ($25.8M), Wine ($9.95M), and Poultry Meat ($6.5M). Over the past 5 years the exports of Spain to Togo have decreased at an annualized rate of 10.4%, from $153M in 2017 to $88.1M in 2022.

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

Togo-Spain Trade: In 2022, Togo exported $4.98M to Spain. The main products that Togo exported to Spain were Cassava ($1.6M), Engine Parts ($1.34M), and Cocoa Beans ($1.1M). Over the past 5 years the exports of Togo to Spain have decreased at an annualized rate of 23.4%,  from $18.9M in 2017 to $4.98M in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Togo ranked 111 in the Economic Complexity Index (ECI -0.99), and 128 in total exports ($4.48B).

Latest Trends

June, 2024

About

Overview In June 2024, Spain exported €3.7M and imported €836k from Togo, resulting in a positive trade balance of €2.86M. Between June 2023 and June 2024 the exports of Spain have decreased by €-6.29M (-63%) from €9.98M to €3.7M, while imports increased by €498k (148%) from €337k to €836k.

Trade In June 2024, the top exports of Spain to Togo were Wine (€611k), Poultry Meat (€530k), Tractors (€429k), Rubberworking Machinery (€303k), and Iron Railway Products (€234k). In June 2024 the top imports of Spain from Togo were Cocoa Beans (€525k), Cassava (€80.7k), Broadcasting Equipment (€450), Cocoa Powder (€112), and Commodities not elsewhere specified (€10).

Origins In June 2024 the exports of Spain were mainly from Valencia (€931k), Barcelona (€584k), Madrid (€448k), Murcia (€313k), and Granada (€258k), while imports destinations were mainly Alicante (€439k), Ávila (€245k), Cuenca (€151k), and Cádiz (€874).

Growth In June 2024, the decrease in Spain's year-by-year exports to Togo was explained primarily by an decrease in product exports in Propylene Polymers (€-361k or -93%), Flavored Water (€-209k or -50.3%), and Used Clothing (€-120k or -57.8%). In June 2024, the increase in Spain's year-by-year imports  from Togo was explained primarily by an increase in product imports  in Cassava (€74.3k or 1.16k%), Cocoa Beans (€50k or 10.5%), and Cocoa Powder (€2 or 1.82%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)€-6.29M(-63%)
IMPORT GROWTH (June 2023 - June 2024)€498k(148%)
MAIN EXPORTER (June 2024)Valencia€931k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Togo and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Togo and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $88.1M to Togo. The main products exported from Spain to Togo were Refined Petroleum ($25.8M), Wine ($9.95M), and Poultry Meat ($6.5M). During the last 5 years the exports of Spain to Togo have decreased at an annualized rate of 10.4%, from $153M in 2017 to $88.1M in 2022.

In 2017, Togo exported $4.98M to Spain. The main products exported from Togo to Spain were Cassava ($1.6M), Engine Parts ($1.34M), and Cocoa Beans ($1.1M). During the last 5 years the exports of Togo to Spain have decreased at an annualized rate of 23.4%, from $18.9M in 2022 to $4.98M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Togo
Top DestinationUnited Arab Emirates$1.19B

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

In 2022, countries that imported more from Spain than Togo included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Togo than Spain included Burkina Faso ($249M), Cote d'Ivoire ($474M), and Benin ($163M).

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

Comparative Advantage Spain - Togo

Flow
Scale

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

During 2022, Spain had a large net trade with Togo in the exports of Mineral Products ($29.8M), Foodstuffs ($16.3M), and Animal Products ($7.88M).

During 2017, Togo had a large net trade with Spain in the exports of Vegetable Products ($2.4M), Machines ($1.36M), and Foodstuffs ($1.16M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Togo+$25.3MRefined Petroleum
Top Product Potential Togo Spain+$2.02MSoybeans

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 Spain and Togo. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Togo. Similarly, a dot/product with the flag of Togo indicates it has a comparative advantage over Spain.

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

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