Bitumen and asphalt in Ghana | The Observatory of Economic Complexity

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Exports In 2023, Ghana exported $16.2k in Bitumen and asphalt, making it the 95th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 681st most exported product in Ghana. The main destination of Bitumen and asphalt exports from Ghana are: Guinea ($15.7k), Germany ($200), United Kingdom ($101), South Africa ($100), and Canada ($99).

The fastest growing export markets for Bitumen and asphalt of Ghana between 2022 and 2023 were Guinea ($15.7k), Germany ($200), and United Kingdom ($101).

Imports In 2023, Ghana imported $325k in Bitumen and asphalt, becoming the 102nd largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 816th most imported product in Ghana. Ghana imports Bitumen and asphalt primarily from: United Arab Emirates ($167k), China ($63.1k), United States ($36.8k), India ($21.7k), and Malaysia ($17.4k).

The fastest growing import markets in Bitumen and asphalt for Ghana between 2022 and 2023 were United Arab Emirates ($167k), Italy ($13.7k), and India ($13.7k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Bitumen and asphalt. 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

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Trade Value

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Growth (%)

Year

EXPORTS (2023)$16.2k

IMPORTS (2023)$325k

NET TRADE (2023)-$309k

In 2023, Ghana exported $16.2k in Bitumen and asphalt. The main destinations of Ghana exports on Bitumen and asphalt were Guinea ($15.7k), Germany ($200), United Kingdom ($101), South Africa ($100), and Canada ($99).

In 2023, Ghana imported $325k in Bitumen and asphalt, mainly from United Arab Emirates ($167k), China ($63.1k), United States ($36.8k), India ($21.7k), and Malaysia ($17.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

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Imports

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THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Ghana WERE (2022 - 2023):

Guinea$15.7k (1%)

Germany$200 (1%)

United Kingdom$101 (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Ghana WERE (2022 - 2023):

South Africa-$388 (-79.5%)

Australia-$77 (-100%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Ghana's main exporting competitors in Bitumen and asphalt were:

United States $131M

Iraq $114M

Bahrain $52.7M

In 2023, Ghana's main importing competitors in Bitumen and asphalt were:

United Arab Emirates $140M

France $123M

Uruguay $60.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $522

TOP IMPORT POTENTIALSouth Africa+ $4.51k

Bitumen and asphalt’s highest export potential is United States. With an export gap of $522. Bitumen and asphalt’s highest import potential is South Africa with an import gap of $4.51k.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

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