Trade balance — all countries

Trade balance — Togo

Trade balance in Togo in 2023 — -1,046,720,513 US$. Ranked 105 in the world out of 175. Since 1963, the indicator has fallen by 5,307.6%.

2023 -1.05B US$ −4.75% vs 2022
World rank 105of 175
Period maximum 139M US$1974
Period minimum -1.05B US$2023

Trend over time

1963–2023 · US$

Trade balance — Togo, 1963–2023-1.5B-1B-500M0500M196319691975198119871993199920052011201720231963: -19,356,425 US$1965: -16,417,583 US$1967: 2,296,252 US$1969: 6,518,824 US$1971: -23,715,655 US$1973: -38,734,392 US$1975: -156,961,473 US$1977: -205,529,887 US$1979: -345,615,402 US$1981: -212,808,834 US$1983: -86,728,710 US$1985: -93,986,789 US$1987: -165,402,312 US$1989: -177,517,346 US$1991: -201,621,961 US$1993: -135,238,578 US$1995: -186,521,935 US$1997: -174,557,318 US$1999: -165,418,891 US$2001: -217,202,587 US$2003: -266,850,191 US$2005: -357,277,737 US$2007: -471,120,173 US$2009: -495,214,240 US$2011: -799,431,509 US$2013: -838,559,051 US$2015: -904,002,749 US$2017: -485,744,805 US$2019: -596,247,540 US$2021: -863,474,324 US$2023: -1,046,720,513 US$
Change over the period: −1.03B (−5,307.61%)

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Togo

Togo -1.05B US$
World computed 705B US$
Sub-Saharan Africa computed -50.22B US$
Western Africa computed -24.62B US$
Low-income countries computed -49.78B US$
Trade balance — Togo, by year Togo All countries CSV XLSX
Year US$ Change Change, %
2023 -1.05B −47.48M −4.75%
2022 -999M −136M −15.72%
2021 -863M −195M −29.23%
2020 -668M −71.91M −12.06%
2019 -596M +30.31M +4.84%
2018 -627M −141M −28.99%
2017 -486M +302M +38.37%
2016 -788M +116M +12.81%
2015 -904M −96.02M −11.88%
2014 -808M +30.58M +3.65%
2013 -839M −312M −59.12%
2012 -527M +272M +34.08%
2011 -799M −261M −48.44%
2010 -539M −43.34M −8.75%
2009 -495M +38.43M +7.2%
2008 -534M −62.53M −13.27%
2007 -471M −88.64M −23.17%
2006 -382M −25.21M −7.06%
2005 -357M −15.07M −4.4%
2004 -342M −75.36M −28.24%
2003 -267M −56.36M −26.78%
2002 -210M +6.71M +3.09%
2001 -217M −38.23M −21.36%
2000 -179M −13.55M −8.19%
1999 -165M +49.67M +23.09%
1998 -215M −40.53M −23.22%
1997 -175M +22.3M +11.33%
1996 -197M −10.34M −5.54%
1995 -187M −104M −126.93%
1994 -82.19M +53.05M +39.22%
1993 -135M +49.05M +26.61%
1992 -184M +17.34M +8.6%
1991 -202M −34.2M −20.43%
1990 -167M +10.1M +5.69%
1989 -178M +53.54M +23.17%
1988 -231M −65.65M −39.69%
1987 -165M +10.76M +6.11%
1986 -176M −82.18M −87.44%
1985 -93.99M −86.23M −1,111.71%
1984 -7.76M +78.97M +91.06%
1983 -86.73M +65.57M +43.05%
1982 -152M +60.51M +28.43%
1981 -213M −760,332 −0.36%
1980 -212M +134M +38.65%
1979 -346M +2.11M +0.61%
1978 -348M −142M −69.19%
1977 -206M −119M −137.24%
1976 -86.63M +70.33M +44.81%
1975 -157M −296M −212.7%
1974 139M +178M +459.57%
1973 -38.73M −4.64M −13.62%
1972 -34.09M −10.38M −43.75%
1971 -23.72M −19.34M −441.46%
1970 -4.38M −10.9M −167.19%
1969 6.52M −896,852 −12.09%
1968 7.42M +5.12M +222.95%
1967 2.3M +7.47M +144.39%
1966 -5.17M +11.24M +68.49%
1965 -16.42M +2.52M +13.3%
1964 -18.94M +419,608 +2.17%
1963 -19.36M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.