Economic & Commercial Brief Economic & Commercial Brief

Economic & Commercial Brief

India is among the top trading partners of Togo. Togo is already one of the beneficiaries of the Duty-Free Trade Preference scheme. According to available statistics, total bilateral trade between the two countries for the last few years is follows:

(Figures in USD million)

Year

Export to TOGO

Import from Togo

Total Trade

Balance of Trade

2014-15

 

688.42

195.65

884.07

492.77

2015-16

532.19

225.09

757.28

307.10

2016-17

315.70

138.42

454.12

177.28

2017-18

382.72

153.52

536.24

175.20

2018-19

694.09

303.93

998.02

390.16

April-June 2019

232.65

204.10

436.75

28.55

 

India’s major exports to Togo include mineral fuels, mineral oils and products of their distillation; cereals and preparation of cereals cotton; articles of apparel and clothing; iron and steel articles; man- made filament; man-made staple fibers; drugs and pharmaceuticals; machinery mechanical appliances; plastics and articles thereof; rubber and articles thereof; vehicles and parts and accessories thereof; etc. Imports from Togo include natural phosphates, ferrous and copper waste and scrap; wood and articles of wood; others metal scrap; oil; seeds; coconut and brazil nut etc. and raw cotton.