Togo is a country located in West Africa with a population of approximately 8 million people and a GDP of $5.5 billion. The country's economy is primarily driven by sectors such as agriculture, mining, and commerce.

Key Economic Sectors:

Agriculture: Togo's agriculture sector is diverse and includes products such as cotton, coffee, cocoa, and cassava. Agriculture is a significant source of income and employment for many Togolese people.

Mining: Togo has mineral resources such as phosphate, limestone, and marble. The mining sector plays a modest role in the economy, contributing to export revenue and economic development.

Trade: Commerce is a crucial sector in Togo's economy, with the country serving as a trading hub for the region. Cross-border trade, particularly with neighboring countries, contributes to economic activity and plays a vital role in Togo's trade relations.

Trade Partners:

Export Partners: Togo's primary exports include cotton, phosphate, coffee, and cocoa. Key export partners for Togo are India, China, Burkina Faso, and Malaysia.

Import Partners: Togo imports machinery, equipment, petroleum products, and food products to support its industries and meet domestic demand. Major import partners include China, Belgium, and the Netherlands.

Trade Agreements: Togo is a member of the Economic Community of West African States (ECOWAS) and the West African Economic and Monetary Union (UEMOA), which promote economic integration and trade cooperation among member countries. Togo benefits from trade preferences under the African Growth and Opportunity Act (AGOA) with the United States.

Future Prospects: Togo has the potential for growth in international trade by leveraging its key sectors and strategic location along the coast. Strengthening infrastructure, enhancing trade facilitation measures, and promoting investment in sectors like agriculture and mining are essential strategies that can further position Togo as a competitive player in global trade platforms like Savannah Exchange.