Merchandise Trade Balance in Togo
In the year 2020, the merchandise trade balance in Togo was USD -0.74 billion, compared to USD -0.45 billion in 2010 and USD -0.76 billion in 2019. It averaged USD -0.78 billion over the last decade. For more trade information, visit our dedicated page.
Togo Trade Chart
Note: This chart displays Trade Balance (USD billion) for Togo from 2011 to 2020.
Source: Macrobond.
Togo Trade Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | -0.8 | -0.7 | - | - | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Togolese trade projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Togolese trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Togolese trade projections.
Want to get access to the full dataset of Togolese trade forecasts? Send an email to info@focus-economics.com.