FrancTrade on Facebook
FrancTrade on Twitter
FrancTrade on LinkedIn
RSS Feed
Togo’s trade deficit has widened to 163.5 billion CFA frs in the period between March to June 2016, up 18% year on year and compares with a deficit of 139 billion CFA francs a year ago, according to information from the National Credit Council. Although there was a firm rise in exports (up 44.2 bn,
FrancTrade view: Togo has prioritised the growth of its cotton industry in recent years and has tried to improve efficiencies in the sector given buoyant global prices. In our view, it may struggle to reach its production target of 130,000 tonnes next season. Story: Togo expects to produce 130,000 tonnes of cotton in the 2016/17 season
FrancTrade view: Figures from Togo’s National Council of Credit today showed exports down almost 50% year on year to 158.4kt in the first quarter of 2016. This is attributed to the lack of exports in January after SNPT, the state run phosphate producer, and its clients failed to agree on price. We side with the view that
Local media has reported a 15.6% decline in Q1-2016 cotton exports from Togo to 11,761 metric tonnes (approximately 54,000 bales) compared with 13,938 metric tonnes (approximately 61,000 bales) prior. Although current cotton output has risen strongly to more than double the size of the harvest in the 2010-11 season, there are still sharp variations in
