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:

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.

Development Cooperation - India has extended five Lines of Credit (LOCs) worth US $150 million bilaterally to Togo for various projects. The projects implemented/signed/approved are: (I) US $15 million Rural electrification project in 2011; (II) US $13.10 million Farming and cultivation of rice, maize and sorghum in 2012; (III) US $30 million Rural Electrification to cover 150 localities in 2016; (IV) US $52 million setting up of 161 KV power transmission line in 2016; and (V) US $40 million project to support electrification of 350 villages through deployment of solar photovoltaic systems in June 2021. In addition, US $20 million Line of Credit project to equip health institutions and US 413 million towards upgradation of power generation and distribution capacity of CEET were also extended through EBID.

On 15 July 2019, a project to promote biodiversity friendly livelihoods in the Fazao- Malfakassa National Park (North-Togo) funded by the government of India through the India UN Fund for Development partnership for US 1 million launched in Lome. The project will be implemented by the UNESCO. The project consists of setting up a biosphere reserve around the Fazao-Malfakassa National park. The project, which reflects the dynamism of South-South cooperation, aims to preserve biodiversity and the problems of deforestation, land degradation and the decline of agricultural production. India has provided economic assistance to Togo in the form of tractors(60), water pump, sewing machine, ambulance, transport vehicles, corn-grinding machine etc. .On the request from Togolese government, India extended grant assistance that included supply of indelible ink in 2002 for the elections held in Togo ;India rendered humanitarian assistance in form of medicines to ameliorate the suffering of the victims of the floods in 2008 ;Togolese government approached India for support in organizing the AU Maritime Security Summit in Lomé to be held in October 2016, for with an assistance of US $100,000 was extended.