2023
Exports
$5.25MWorld Rnk 94 / 210
Flag Rnk 105 / 1037
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$516MWorld Rnk 96 / 225
Flag Rnk 2 / 1177
2023
ECONOMIC COMPLEXITY of Ghana
-0.97Rnk 109 / 132

About

Exports In 2023, Ghana exported $5.25M in Cars, making it the 94th largest exporter of Cars in the world. At the same year, Cars was the 105th most exported product in Ghana. The main destination of Cars exports from Ghana are: Togo ($833k), Germany ($546k), Belgium ($357k), Senegal ($313k), and Japan ($265k).

The fastest growing export markets for Cars of Ghana between 2022 and 2023 were Belgium ($338k), Germany ($303k), and Japan ($230k).

Imports In 2023, Ghana imported $516M in Cars, becoming the 96th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Ghana. Ghana imports Cars primarily from: United States ($265M), United Arab Emirates ($60.7M), Canada ($59.7M), Japan ($27.6M), and India ($20M).

The fastest growing import markets in Cars for Ghana between 2022 and 2023 were South Korea ($2.85M), Slovakia ($2.58M), and Lebanon ($1.71M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Cars. 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 (2023)$5.25M
IMPORTS (2023)$516M
NET TRADE (2023)-$511M

In 2023, Ghana exported $5.25M in Cars. The main destinations of Ghana exports on Cars were Togo ($833k), Germany ($546k), Belgium ($357k), Senegal ($313k), and Japan ($265k).

In 2023, Ghana imported $516M in Cars, mainly from United States ($265M), United Arab Emirates ($60.7M), Canada ($59.7M), Japan ($27.6M), and India ($20M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Ghana WERE (2022 - 2023):
Belgium$338k (1.76k%)
Germany$303k (125%)
Japan$230k (668%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Ghana WERE (2022 - 2023):
Sudan-$3.86M (-100%)
Rwanda-$2.03M (-99.2%)
United Kingdom-$740k (-98.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ghana's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Ghana's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.11M
TOP IMPORT POTENTIALUnited States+ $31.7M

Cars’s highest export potential is United Kingdom. With an export gap of $1.11M.   Cars’s highest import potential is United States with an import gap of $31.7M.

See methodology.

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