USA-Togo Bilateral Trade Analysis 2023

Complete trade statistics: $486.88M total volume •USA surplus: $304.22M

USATogo

$395.55M

Exports (2023)

TogoUSA

$91.33M

Imports (2023)

Trade Balance

$304.22M

Surplus for USA

Total Trade

$486.88M

Combined Volume

Trade Flow Visualization

Direct trade relationship between USA and Togo. Green line shows exports from USA, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the USA-Togo commercial relationship and competitive positioning in global markets.

USATogo Exports

$395.55M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
34.7% top product
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$137.17M
34.7% of exports
2Petroleum gases and other gaseous hydrocarbons: liquefied, butanes
$123.02M
31.1% of exports
3Vehicle parts and accessories: n.e.c. in heading no. 8708
$16.05M
4.1% of exports
4Food preparations: n.e.c. in item no. 2106.10
$12.97M
3.3% of exports
5Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$12.47M
3.2% of exports

🎯 Strategic Export Focus

USA's export portfolio to Togo demonstrates strategic specialization, with petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils representing a key competitive advantage in this bilateral market.

TogoUSA Imports

$91.33M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
53.4% concentration
1Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
$48.78M
53.4% of imports
2Soya beans: other than seed, whether or not broken
$23.85M
26.1% of imports
3False beards, eyebrows and eyelashes, switches and the like: of synthetic textile materials
$8.50M
9.3% of imports
4Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified
$2.65M
2.9% of imports
5Waxes, other than vegetable, n.e.c. in heading no. 1521: whether or not refined or coloured
$2.15M
2.4% of imports

📦 Import Strategy Analysis

USA's import pattern from Togo reveals significant dependencyin oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

USA demonstrates competitive strength in exportingpetroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils to Togo, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $486.88M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: USA-Togo Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $486.88 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: USA maintains a surplus of $304.22 million
  • Export Focus: USA's primary exports include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, petroleum gases and other gaseous hydrocarbons: liquefied, butanes, vehicle parts and accessories: n.e.c. in heading no. 8708
  • Import Dependencies: Key imports from Togo include oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, soya beans: other than seed, whether or not broken, false beards, eyebrows and eyelashes, switches and the like: of synthetic textile materials

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 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 $486.88M 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 USA leveraging its comparative advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

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

1

Comparative Advantage

USA's specialization in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oilscomplements Togo's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $486.88M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $486.88M 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 $486.88 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils and oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

USA's trade surplus of $304.22 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in petroleum gases and other gaseous hydrocarbons: liquefied, butanes present expansion opportunities.
Market Diversification
Beyond current focus on oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils may affect future market positioning.

🎯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 USA and Togo represents a total trade volume of $486.88 million in 2023. This partnership demonstrates a favorable trade balance for USA, with exports exceeding importsby $304.22 million.

Export Strengths

USA's exports to Togo total $395.55 million, with competitive advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, representing $137.17M or34.7% of bilateral exports.

Import Dependencies

Imports from Togo amount to $91.33 million, highlighting economic interdependence in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, with Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil comprising53.4% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates USA'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.

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023