Togo: In 2017, agricultural exports rose by 30% in value, standing at CFA88.5bn

Economic governance
Wednesday, 06 February 2019 19:15
Togo: In 2017, agricultural exports rose by 30% in value, standing at CFA88.5bn

(Togo First) - In 2017, Togo exported CFA88.579 billion of agricultural products, up 29.9% compared to the previous year (CFA68.173 billion). This was revealed in the balance of payments and global external position of Togo released by the BCEAO.

The surge was mainly driven by a 39.9% rise in cotton fiber exports, as well as of other agricultural commodities and vegetal food products.

In detail, Togo exported CFA30.224 billion of cotton fiber in 2016, and CFA42.281 billion in 2017. Under the “other agricultural commodities”  category, the country’s exports from 2016 to 2017, soared by 187%, from CFA1.641 billion to CFA4.711 billion.

The same trend was recorded for the exports of vegetal food products, over the same period.

In opposition, coffee and cocoa exports generated far less revenues, over the same period, as a result of unfavorable weather conditions, lower outputs and exports.

Séna Akoda

togofirst mobile

 
Sondage
Should we encourage young togolese toward agriculture?
  • 57 Votes
    Yes
    55.88%
  • 25 Votes
    No
    24.51%
  • 20 Votes
    Don't have opinion
    19.61%
← Back
Total 102 Votes

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.