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Pricing

2022
Flag → Flag
Exports $2.36BRnk 37 / 220
2022
Flag → Flag
Top Product $2.32BRefined Petroleum
2022
Flag → Flag
Exports $47.9MRnk 20 / 134
2022
Flag → Flag
Top Product $41.8MScrap Copper
2022
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Economic Complexity (ECI) ECI 1.71Rnk 4 / 124
2022
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Economic Complexity (ECI) ECI -1Rnk 105 / 124
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
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GDP GROWTH54.4%CURRENT US$
Rnk 50 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$918CURRENT US$
Rnk 171 / 186
2012-2022
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GDP PC GROWTH20.9%CURRENT US$
Rnk 84 / 186

About

South Korea-Togo In 2022, South Korea exported $2.36B to Togo. The main products that South Korea exported to Togo are Refined Petroleum ($2.32B), Propylene Polymers ($6.75M), and Cars ($4.46M). During the last 27 years the exports of South Korea to Togo have increased at an annualized rate of 19.1%, from $21M in 1995 to $2.36B in 2022.

In 2022, South Korea did not export any services to Togo.

Togo-South Korea In 2022, Togo exported $47.9M to South Korea. The main products that Togo exported to South Korea were Scrap Copper ($41.8M), Scrap Aluminium ($3.63M), and Other Oily Seeds ($2.36M). During the last 27 years the exports of Togo to South Korea have increased at an annualized rate of 15.8%, from $918k in 1995 to $47.9M in 2022.

In 2022, Togo did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B). That same year, Togo ranked 105 in the Economic Complexity Index (ECI -1), and 128 in total exports ($4.48B).

Latest Trends

February, 2024

About

Overview In February 2024, South Korea exported $76.1M and imported $2.14M from Togo, resulting in a positive trade balance of $73.9M. Between February 2023 and February 2024 the exports of South Korea have decreased by $-4.71M (-5.83%) from $80.8M to $76.1M, while imports increased by $193k (9.91%) from $1.95M to $2.14M.

Trade In February 2024, the top exports of South Korea to Togo were Mineral fuels, mineral oils and products... ($83.9M), Man-made staple fibres ($330k), Machinery, mechanical appliances, & parts ($177k), Cars, tractors, trucks & parts thereof. ($172k), and Fish, crustaceans, & molluscs ($140k). In February 2024 the top imports of South Korea from Togo were Copper articles ($1.98M), Aluminum articles ($140k), Man-made staple fibres ($6k), Fish, crustaceans, & molluscs ($0), and Oils seeds, oleaginous fruits, grains, straw... ($0).

Growth In February 2024, the decrease in South Korea's year-by-year exports to Togo was explained primarily by an decrease in product exports in Mineral fuels, mineral oils and products... ($-80.5M or -49%), Plastics & articles thereof ($-1.58M or -92.6%), and Books, newspapers, & other prints ($-118k or -93.7%). In February 2024, the increase in South Korea's year-by-year imports  from Togo was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$-4.71M(-5.83%)
IMPORT GROWTH (February 2023 - February 2024)$193k(9.91%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Togo and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $2.36B to Togo. The main products exported from South Korea to Togo were Refined Petroleum ($2.32B), Propylene Polymers ($6.75M), and Cars ($4.46M). During the last 27 years the exports of South Korea to Togo have increased at an annualized rate of 19.1%, from $21M in 1995 to $2.36B in 2022.

In 2022, Togo exported $47.9M to South Korea. The main products exported from Togo to South Korea were Scrap Copper ($41.8M), Scrap Aluminium ($3.63M), and Other Oily Seeds ($2.36M). During the last 27 years the exports of Togo to South Korea have increased at an annualized rate of 15.8%, from $918k in 1995 to $47.9M in 2022.

Exports from South Korea (Flag) to Togo (Flag) (2022)

Exports from Togo (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Togo
Top DestinationUnited Arab Emirates$1.19B

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

In 2021, countries that imported more from South Korea than Togo were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2021, countries that imported more from Togo than South Korea were Cote d'Ivoire ($474M), Burkina Faso ($249M), and Benin ($163M).

Difference in imports from Togo (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Togo

Flow
Scale

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

During 2022, South Korea had a large net trade with Togo in the exports of Mineral Products ($2.32B), Plastics and Rubbers ($15.1M), and Transportation ($5.09M).

During 2022, Togo had a large net trade with South Korea in the exports of Metals ($45.4M), Vegetable Products ($2.36M), and Animal Products ($35k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Togo. Similarly, the more yellow a dot/product is, the more Togo has comparative advantage over South Korea.

Product Space of South Korea (Flag) and Togo (Flag) (2022)

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