Togo (TGO) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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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.

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 7.57%, from $223M in 2017 to $575M in 2022.

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

Comparison: In 2022, Togo ranked 111 in the Economic Complexity Index (ECI -0.99), and 128 in total exports ($4.48B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $23.9M in 2022.

In 2017, 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 7.57%, from $223M in 2022 to $575M in 2017.

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

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

Latest Data

Trade between Togo () and Belgium ()

Togo Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$1.19B

Belgium
Top DestinationGermany$91.9B

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

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

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

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

Comparative Advantage Togo - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Togo had a large net trade with Belgium in the exports of Vegetable Products ($17.2M), Foodstuffs ($3.17M), and Metals ($1.29M).

During 2017, Belgium had a large net trade with Togo in the exports of Mineral Products ($484M), Transportation ($25.8M), and Chemical Products ($20.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Togo Belgium+$2.59MSoybeans

Top Product Potential Belgium Togo+$3.04MCars

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Togo () and Belgium ()

Togo Exports

Belgium Exports

Market Competitiveness

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

Comparative Advantage Togo - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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