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This small, sub-Saharan economy is heavily dependent on both commercial and subsistence agriculture, which provides employment for 65% of the labor force. Some basic foodstuffs must still be imported. Cocoa, coffee, and cotton generate about 40% of export earnings with cotton being the most important cash crop. Togo is the world's fourth-largest producer of phosphate. The government's decade-long effort, supported by the World Bank and the IMF, to implement economic reform measures, encourage foreign investment, and bring revenues in line with expenditures has moved slowly. Progress depends on follow through on p...  More..

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Economy of Togo
SOURCE: CIA - The World Factbook
Currency CFA Franc
GDP (PPP) $5.202 billion (2009 est.)
GDP (per capita) $900 (2009 est.)
Exports $729 million (2009 est.)
Imports $1.399 billion (2009 est.)
Main Industries Phosphate Mining, Agricultural Processing, Cement, Handicrafts, Textiles, Beverages
Exports - Commodities Re-exports, Cotton, Phosphates, Coffee, Cocoa
Imports - Commodities Machinery and Equipment, Foodstuffs, Petroleum Products
Exports Partners Ghana 12.1%, Burkina Faso 10.5%, India 9.7%, Germany 9.3%, South Africa 7%, Benin 6.6%, Brazil 4.7%, Belgium 4.6%, Mali 4.2%, Netherlands 4.1% (2008)
Imports Partners China 35.3%, Netherlands 7.7%, France 7.1%, Thailand 5%, India 4.8% (2008)

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