This article covers trade and investment between India and Togo: trade figures and the balance of trade, the main goods traded, the rock phosphate agreement, and Togo's participation in business conclaves and forums, as recorded in the Ministry of External Affairs (MEA) brief of April 2026.

Overview

According to the MEA brief of April 2026, India is among the top trading partners of Togo, and Togo is one of the beneficiaries of the Duty-Free Trade Preference scheme.

Trade figures

The brief gives the following figures, sourced to the Ministry of Commerce & Industry, Government of India. It labels them "Figures in USD Million".

  • 2021-2022: exports to Togo 3,012.08; imports from Togo 510.93; total trade 3,523.01; balance of trade 2,501.15
  • 2022-2023: exports 6,048.07; imports 452.81; total trade 6,500.88; balance 5,595.26
  • 2023-2024: exports 3,229.01; imports 642.29; total trade 3,971.30; balance 2,586.72
  • 2024-2025: exports 2,522.01; imports 925.13; total trade 3,447.14; balance 1,596.13
  • April 2025 to January 2026: exports 2,113.75; imports 767.89; total trade 2,881.64; balance 1,345.86

The last line covers part of the financial year only and should not be read as a full-year figure.

Main items traded

India's major exports to Togo, as listed in the brief, include mineral fuels, mineral oils and products of their distillation; cereals, mainly rice; engineering goods; man-made filaments; man-made yarn, fabrics and made-ups; pharmaceuticals; plastic articles; paper articles; cotton; and transport equipment.

Major imports from Togo are natural phosphates, nuts, oilseeds, waste and scrap, wood articles and cotton.

Rock phosphate and fertilisers

In February 2025, FACT (Fertilizers and Chemicals Travancore Limited) and SNPT (Société Nouvelle des Phosphates du Togo), which the brief describes as Togo's state-owned phosphate company, signed a Cooperation Framework Agreement for the regular supply of rock phosphate. Earlier, a delegation led by Secretary (Fertilizers) visited Togo on 10-11 July 2013.

Business forums and investment events

  • An India-Togo Business Forum, with 15 companies from India and 55 companies from Togo, was held in Lomé in June 2024, coinciding with the visit of Additional Secretary (C&WA) for Foreign Office Consultations.
  • A three-member delegation led by Shri P. Kumaran, Special Secretary (Economic Relations and Development Partnership Administration), attended the ECOWAS Investment Forum in Lomé on 4-5 April 2024.
  • Minister of Investment Promotion Ms. Manuella Santos led a Togolese delegation to the World Investment Conference in New Delhi on 13-14 December 2023, and held a bilateral meeting with Minister of State for Finance Shri Pankaj Chaudhary.
  • The Togolese Minister of Commerce, Industry and Private Sector Promotion, Ms. Essossima Legzim Balouki, took part in the Trade Ministers' Meet held on the sidelines of IAFS-III on 23-24 October 2015.

CII-EXIM Bank Conclaves

The brief states that Togo's participation at the annual CII India Africa Business Conclave (CII-EXIM Bank Conclaves) has been at a high level. The participation it records is:

  • November 2005 and May 2006, Accra: high-level government and business delegations at the CII-EXIM Conclave on India-Africa Project Partnership
  • October 2006: the Minister of Cooperation and NEPAD led the Togolese delegation to the CII Conclave
  • March 2010: Prime Minister Mr. Gilbert Fousson Houngbo led a delegation to the 6th CII-EXIM Bank Conclave in India; he also attended the 12th Regional Conclave on India-Africa Project Partnership in Accra on 3 June 2010
  • March 2011: Prime Minister Houngbo led a 50-member delegation to the 7th CII-EXIM Bank Conclave on India-Africa Partnership
  • March 2013, New Delhi: the 9th Conclave, where the Minister of Commerce, Industry and Private Sector Promotion, Ms. Essossimna Legzim-Baloukim, led the delegation
  • 13-15 July 2021: the 16th Conclave, held virtually, attended by the Minister of Commerce, Industry and Local Consumption, Mr. Kodjo Adedze
  • 19-20 July 2022, Delhi: the 17th Conclave, where the Minister of Investment Promotion, Ms. Rose Kayi Mivedor, led a 28-member business delegation

Pharmaceuticals

The brief records a visit by Dr. Dare Ikpindi Honorine, Director of Procurement, who led a delegation of four Togolese companies on 28-30 August to discuss collaboration for the procurement of medicines directly into Togo. It explains that most medicines are currently routed through French distribution networks.