Togo

Togo ranked No. 133 in total trade value through June with a total of $111.94 million. Exports totaled $103.66 million and Imports totaled $8.28 million, a surplus of $95.38 million.

U.S. trade with Togo rose to $111.94 million through June

Togo’s trade with the United States rose to $111.94 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 63.74 percent below its total trade during the same time period last year. U.S. exports to Togo decreased 65.8 percent while U.S. imports from Togo rose 46.78 percent. The U.S. surplus with Togo was $95.38 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Lake Charles, La.; No. 2 Port of Houston; No. 3 Port of Corpus Christi, Texas; No. 4 Port of Baltimore, Md.; and No. 5 Port of Jacksonville, Fla.. During the same period the previous year, the top five were No. 1 Port of Houston; No. 2 Port of Lake Charles, La.; No. 3 Port of Corpus Christi, Texas; No. 4 Port of Philadelphia and No. 5 Port of Freeport, Texas. In the current time period, the top five accounted for 73.5 percent of Togo’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Lake Charles, La. rose 10.06 percent to $52.31 million.
    Exports rose 10.06 percent to $52.31 million. There were no imports.
  • Trade with No. 2 Port of Houston fell 90.71 percent to $10.19 million.
    Exports fell 90.76 percent to $10.13 million. Imports rose 113.67 percent to $59,423.
  • Trade with No. 3 Port of Corpus Christi, Texas fell 76.96 percent to $7.6 million.
    Exports fell 76.96 percent to $7.6 million. There were no imports.
  • Trade with No. 4 Port of Baltimore, Md. fell 22.39 percent to $6.89 million.
    Exports fell 26.8 percent to $6.5 million. Imports totaled $391,744.
  • Trade with No. 5 Port of Jacksonville, Fla. fell 1.02 percent to $5.3 million.
    Exports fell 1.02 percent to $5.3 million. There were no imports.

Togo ranked No. 133 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 124.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Togo by value through June were the categories of Gasoline, other fuels; Passenger vehicles; LNG, other petroleum gases; Plastics; and Motor vehicle parts, respectively. They accounted for 82.8 percent of total exports to Togo.

The value of the top five categories of U.S. imports from Togo –– Soybeans; Wigs, other products, from human hair; Preparations for animal feeding; Misc. live animals; and Soap, related soap products –– accounted for 89.25 percent of all inbound shipments.

Looking more closely at U.S. exports to Togo:

  • Gasoline, other fuels fell 32.9 percent compared to last year to $52.35 million.
  • Passenger vehicles fell 4.61 percent compared to last year to $16.18 million.
  • LNG, other petroleum gases fell 94.93 percent compared to last year to $7.6 million.
  • Plastics fell 51.01 percent compared to last year to $5.26 million.
  • Motor vehicle parts fell 23.27 percent compared to last year to $4.44 million.

Looking more closely at U.S. imports from Togo:

  • Soybeans totaled $4.19 million. The previous year, there were no imports in this category.
  • Wigs, other products, from human hair fell 54.22 percent compared to last year to $1.7 million.
  • Preparations for animal feeding totaled $704,168. The previous year, there were no imports in this category.
  • Misc. live animals fell 7.31 percent compared to last year to $549,854.
  • Soap, related soap products rose 45.71 percent compared to last year to $247,322.

In the latest annual figures available, Togo recorded $443.81 million in trade with the United States. Total U.S. exports to Togo were $ 430.79 million and imports from Togo were $13.02 million. The U.S. surplus with Togo was $417.78 million.