2022
Exports
$590kWorld Rnk 75 / 148
Flag Rnk 185 / 885
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$5.11MWorld Rnk 98 / 220
Flag Rnk 414 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $590k in Butter, making it the 75th largest exporter of Butter in the world. At the same year, Butter was the 185th most exported product in Ghana. The main destination of Butter exports from Ghana are: Burkina Faso ($557k), Togo ($21.6k), Niger ($7.87k), Kuwait ($2.22k), and United Arab Emirates ($412).

The fastest growing export markets for Butter of Ghana between 2021 and 2022 were Niger ($7.87k), Netherlands ($210), and France ($148).

Imports In 2022, Ghana imported $5.11M in Butter, becoming the 98th largest importer of Butter in the world. At the same year, Butter was the 414th most imported product in Ghana. Ghana imports Butter primarily from: New Zealand ($2.71M), France ($1.24M), Denmark ($498k), Ireland ($295k), and Netherlands ($129k).

The fastest growing import markets in Butter for Ghana between 2021 and 2022 were Netherlands ($98.1k), Germany ($28.3k), and India ($14.7k).

Latest Trends

Oct 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 Butter. 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)$590k
IMPORTS (2022)$5.11M
NET TRADE (2022)-$4.52M

In 2022, Ghana exported $590k in Butter. The main destinations of Ghana exports on Butter were Burkina Faso ($557k), Togo ($21.6k), Niger ($7.87k), Kuwait ($2.22k), and United Arab Emirates ($412).

In 2022, Ghana imported $5.11M in Butter, mainly from New Zealand ($2.71M), France ($1.24M), Denmark ($498k), Ireland ($295k), and Netherlands ($129k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Niger$7.87k (1%)
Netherlands$210 (1%)
France$148 (1.64k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Ghana WERE (2021 - 2022):
Burkina Faso-$809k (-59.2%)
Togo-$9.84k (-31.3%)
Saudi Arabia-$6.92k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Butter were:
In 2022, Ghana's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALKuwait+ $7.02k
TOP IMPORT POTENTIALNew Zealand+ $350k

Butter’s highest export potential is Kuwait. With an export gap of $7.02k.   Butter’s highest import potential is New Zealand with an import gap of $350k.

See methodology.

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