Togo
Africa
Trade in Togo
| Togo was the world’s 154th largest exporter of goods and 137th largest exporter of commercial services in 2022. Export values were $1.35 billion and $548 million USD respectively. Togo’s top export category was Manufactures, followed by Fuels and mining products, and Agricultural products. In 2022, Togo’s main export destination markets for goods and services trade were to Burkina Faso, Mali and Benin, with trade representing 57.84 per cent of GDP. In terms of imports, Togo is the world’s 159th largest importer of goods and 152nd largest importer of commercial services. Import values were $3.04 billion and $464 million USD respectively in 2022. Togo’s top import category was Manufactures, followed by Machinery and transport equipment and Chemicals. Leading import partners were China, France and India. Togo is part of 2 different Regional Trade Agreements, including Economic Community of West African States (ECOWAS) and West African Economic and Monetary Union (WAEMU). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Togolese Republic |
Abbreviation |
TG |
Capital |
Lomé |
WTO Membership Date |
31 May 1995 |
Legal System |
customary law system |
Language |
French |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
West African CFA franc |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Last Reviewed: June, 2024
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