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EIQ

Trade corridors

Cabo Verde and Togo

What moves each way, the scams to watch for, and what to check before you trade.

Cabo Verde sells, 2023
$11.6m
-38.0% a year
Cabo Verde buys, 2024
$18.0m
+6,709.3% a year
Listed in Togo
5
buyers, 76 suppliers
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Trade safely with Togo

The scams, documents and rules that matter on this corridor. Written and reviewed by our team, and dated.

Checks that apply to any deal on this corridor

Corridor-specific scam patterns and rules are still being reviewed by our team and will appear here once published.

  • Confirm the company exists in an official register and that its name matches the one on the invoice.
  • Before paying into a new or changed bank account, phone the company on a number you already hold, not one from the invoice or email.
  • Test the container number, ship number, ports and dates on the bill of lading with the Document checker.
  • Be wary of paying in advance for goods you have not seen, or of fees demanded to release a shipment.
  • Ask the carrier directly to confirm the shipment exists and where it is.
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Companies in Togo
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In short

In 2023, Cabo Verde sold Togo about $11.6 million of goods. Almost all of it is petroleum oils and oils from bituminous…. The total has fallen by about 38% a year since 2022.

In 2024, Cabo Verde bought about $18.0 million of goods from Togo. The biggest products were petroleum oils and oils from bituminous…, automatic data processing machines and telephone sets, which together make up 100% of the total. More than half of this trade is one product (petroleum oils and oils from bituminous…), so it leans heavily on that one line. The total has grown by about 6,709% a year since 2022.

Trade by year

Total trade each year, as reported in the tables below. A missing bar means no report for that year, not zero trade.

Cabo Verde sells to Togo Cabo Verde buys from Togo
$0 $10m $20m 2022 $18.8m $4k 2023 $11.6m 2024 $18m
View as a table
Year Cabo Verde sells to Togo Cabo Verde buys from Togo
2022 $18.8m $4k
2023 $11.6m not reported
2024 not reported $18m

What Cabo Verde sells to Togo

Ranked by value in 2023, by 4-digit product code. Growth is the yearly rate since 2022.

Product Value Share Growth
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by… Product code 2710 · Fuels and oils $11.6m 100.0% -38.0% a year

What Cabo Verde buys from Togo

Ranked by value in 2024, by 4-digit product code. Growth is the yearly rate since 2022.

The two countries do not agree on this trade. Togo reports $5k for 2024, against $18.0m in the table below. Customs valuation, missing reports and goods passing through other countries all cause gaps like this, and we cannot tell which figure is closer. Treat both as indicative.
Product Value Share Growth
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by… Product code 2710 · Fuels and oils $17.6m Togo reports none 98.1% n/a
Automatic data processing machines and units thereof, magnetic or optical readers, machines for transcribing d… Product code 8471 · Machinery $234k 1.3% n/a
Telephone sets, including smartphones and other telephones for cellular/wireless networks (other apparatus for… Product code 8517 · Electrical equipment $106k 0.6% n/a
4 more products are in the full list. Create a free account to see them, or sign in.

Biggest product groups: Fuels and oils (98%), Machinery (1%), Electrical equipment (1%), Glues and enzymes (0%), Optical and medical instruments (0%) .

Where the opportunities are

Products that are moving on this corridor. Only products of a meaningful size are listed. Treat these as leads to check, not promises: a fast rise can reverse.

New or much bigger: Cabo Verde buys from Togo
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by…
$17.6m in 2024 · not traded in 2022
Traded both ways: an established route
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by… · Cabo Verde sells $11.6m, buys $17.6m

Room to grow

Products that a market buys a lot of, where this corridor supplies only a small part. Shares are for the latest year both sides reported. A small share can also mean a hard market, so check the rules and the buyer first.

Cabo Verde buys a lot of these. Togo supplies little.
Plastic articles for the conveyance or packing of goods (stoppers, lids, caps and other closures of plastics)
Togo exports $112.1m of this to the world (2024). Cabo Verde bought almost none of that from it. Cabo Verde imports $7.0m of this from the world.
See the full picture for Cabo Verde and Togo

A free account shows the complete product lists, every fast-growing and new product, and the markets where this corridor supplies little. Accounts are checked by hand, so use your business email.

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How to read these figures

Value is what was traded in the year, in US dollars. A big number means a big market, not necessarily an easy one to enter.

Share is that product's part of the total in the table above. A product with a large share is what this corridor already trades most of.

Growth is the average yearly change since the first year shown. A green figure means trade in that product is rising.

Product code is the international customs code (HS) for the product group. Your customs agent and the guide below will ask for it, and it decides the duty you pay.

These are totals reported by customs authorities, not prices or orders. Use them to see where demand exists, then check the rules and the company you plan to deal with.

Before you pay
Check a bill of lading or invoice
Check who you deal with
Companies in Togo
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Freight forwarders, customs brokers and more
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Market finder by product

Trade figures are what each country reported to the UN (Comtrade), in US dollars. Imports are usually reported including freight and insurance, exports without, so the two sides of a corridor will not match exactly. Company counts are companies listed on ExporterIQ.