WAEMU: Togo's exports among most diversified in the region

Economic governance
Wednesday, 04 September 2019 10:03
WAEMU: Togo's exports among most diversified in the region

(Togo First) - Within the West African and Monetary Union (WAEMU), Togo and Senegal have the most diversified exports. This was disclosed by the West African States Central Bank (BCEAO), in its latest report on external trade.

On the other end, the country with the least diversified exports is Guinea Bissau. Cashew dominates (95%) the country’s exports.

Concerning Togo, its main exports are phosphate, vehicles and clinker. According to the report, the country’s main export destinations at the beginning of 2019 were Burkina Faso, Benin and India.

Overall, the Apex bank noted that exports within the Union have been diversifying more over the past decade (2007-2018). 

Ayi Renaud Dossavi

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