Togo-Burkina Faso Bilateral Trade Analysis 2023
Complete trade statistics: $338.33M total volume •Togo surplus: $108.39M
Togo → Burkina Faso
$223.36M
Exports (2023)
Burkina Faso → Togo
$114.97M
Imports (2023)
Trade Balance
$108.39M
Surplus for Togo
Total Trade
$338.33M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Togo and Burkina Faso. Green line shows exports from Togo, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Togo-Burkina Faso commercial relationship and competitive positioning in global markets.
Togo → Burkina Faso Exports
Export Market Intelligence
🎯 Strategic Export Focus
Togo's export portfolio to Burkina Faso demonstrates strategic specialization, with electrical energy representing a key competitive advantage in this bilateral market.
Burkina Faso → Togo Imports
Import Dependency Profile
📦 Import Strategy Analysis
Togo's import pattern from Burkina Faso reveals significant dependencyin soya beans: other than seed, whether or not broken, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Togo demonstrates competitive strength in exportingelectrical energy to Burkina Faso, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $338.33M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Togo-Burkina Faso Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $338.33 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Togo maintains a surplus of $108.39 million
- Export Focus: Togo's primary exports include electrical energy, cement clinkers (whether or not coloured), ethylene polymers: sacks and bags (including cones), for the conveyance or packing of goods
- Import Dependencies: Key imports from Burkina Faso include soya beans: other than seed, whether or not broken, nuts, edible: cashew nuts, fresh or dried, in shell, oil seeds: sesamum seeds, whether or not broken
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $338.33M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Togo leveraging its comparative advantages in electrical energy.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Togo's specialization in electrical energycomplements Burkina Faso's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in soya beans: other than seed, whether or not broken.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $338.33M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $338.33M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $338.33 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in electrical energy and soya beans: other than seed, whether or not broken demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Togo's trade surplus of $108.39 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Togo and Burkina Faso represents a total trade volume of $338.33 million in 2023. This partnership demonstrates a favorable trade balance for Togo, with exports exceeding importsby $108.39 million.
Export Strengths
Togo's exports to Burkina Faso total $223.36 million, with competitive advantages in electrical energy, representing $84.68M or37.9% of bilateral exports.
Import Dependencies
Imports from Burkina Faso amount to $114.97 million, highlighting economic interdependence in soya beans: other than seed, whether or not broken, with Soya beans: other than seed, whether or not broken comprising44.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Togo's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Togo and Burkina Faso in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023