2022
Exports
$6.71MWorld Rnk 96 / 210
Flag Rnk 68 / 885
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$21.2MWorld Rnk 125 / 226
Flag Rnk 187 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $6.71M in Baked Goods, making it the 96th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 68th most exported product in Ghana. The main destination of Baked Goods exports from Ghana are: Cote d'Ivoire ($2.92M), Togo ($1.53M), Burkina Faso ($900k), Niger ($760k), and Benin ($290k).

The fastest growing export markets for Baked Goods of Ghana between 2021 and 2022 were Togo ($485k), Benin ($175k), and Senegal ($97.4k).

Imports In 2022, Ghana imported $21.2M in Baked Goods, becoming the 125th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 187th most imported product in Ghana. Ghana imports Baked Goods primarily from: China ($4.06M), Sri Lanka ($3.38M), India ($2.97M), United Kingdom ($2.78M), and Thailand ($1.34M).

The fastest growing import markets in Baked Goods for Ghana between 2021 and 2022 were Singapore ($273k), Malaysia ($271k), and China ($203k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Baked Goods. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.71M
IMPORTS (2022)$21.2M
NET TRADE (2022)-$14.5M

In 2022, Ghana exported $6.71M in Baked Goods. The main destinations of Ghana exports on Baked Goods were Cote d'Ivoire ($2.92M), Togo ($1.53M), Burkina Faso ($900k), Niger ($760k), and Benin ($290k).

In 2022, Ghana imported $21.2M in Baked Goods, mainly from China ($4.06M), Sri Lanka ($3.38M), India ($2.97M), United Kingdom ($2.78M), and Thailand ($1.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Togo$485k (46.4%)
Benin$175k (152%)
Senegal$97.4k (77.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Ghana WERE (2021 - 2022):
Cote d'Ivoire-$585k (-16.7%)
Niger-$88k (-10.4%)
United Kingdom-$57.3k (-82.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Ghana's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $131k
TOP IMPORT POTENTIALIndia+ $1.22M

Baked Goods’s highest export potential is United States. With an export gap of $131k.   Baked Goods’s highest import potential is India with an import gap of $1.22M.

See methodology.

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