2023
Exports
$19.8MWorld Rnk 64 / 156
Flag Rnk 51 / 1037
2023
PRODUCT COMPLEXITY IN Coated Flat-Rolled Iron
0.072Rnk 531 / 1025
2023
Imports
$244MWorld Rnk 53 / 220
Flag Rnk 11 / 1177
2023
ECONOMIC COMPLEXITY of Ghana
-0.97Rnk 109 / 132

About

Exports In 2023, Ghana exported $19.8M in Coated Flat-Rolled Iron, making it the 64th largest exporter of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 51st most exported product in Ghana. The main destination of Coated Flat-Rolled Iron exports from Ghana are: Togo ($9.23M), Burkina Faso ($3.88M), Mali ($3.32M), Niger ($996k), and Nigeria ($714k).

The fastest growing export markets for Coated Flat-Rolled Iron of Ghana between 2022 and 2023 were Burkina Faso ($1.55M), Nigeria ($714k), and Guinea ($485k).

Imports In 2023, Ghana imported $244M in Coated Flat-Rolled Iron, becoming the 53rd largest importer of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 11th most imported product in Ghana. Ghana imports Coated Flat-Rolled Iron primarily from: China ($223M), Spain ($9.07M), Vietnam ($4.09M), Malaysia ($2.46M), and Singapore ($1.28M).

The fastest growing import markets in Coated Flat-Rolled Iron for Ghana between 2022 and 2023 were Spain ($2.02M), Nigeria ($513k), and Hong Kong ($481k).

Latest Trends

Dec 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 Coated Flat-Rolled Iron. 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)$19.8M
IMPORTS (2023)$244M
NET TRADE (2023)-$224M

In 2023, Ghana exported $19.8M in Coated Flat-Rolled Iron. The main destinations of Ghana exports on Coated Flat-Rolled Iron were Togo ($9.23M), Burkina Faso ($3.88M), Mali ($3.32M), Niger ($996k), and Nigeria ($714k).

In 2023, Ghana imported $244M in Coated Flat-Rolled Iron, mainly from China ($223M), Spain ($9.07M), Vietnam ($4.09M), Malaysia ($2.46M), and Singapore ($1.28M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coated Flat-Rolled Iron EXPORT MARKETS FOR Ghana WERE (2022 - 2023):
Burkina Faso$1.55M (66.4%)
Nigeria$714k (1%)
Guinea$485k (436%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coated Flat-Rolled Iron BY Ghana WERE (2022 - 2023):
Togo-$8.22M (-47.1%)
Mali-$3.4M (-50.7%)
United States-$694k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ghana's main exporting competitors in Coated Flat-Rolled Iron were:
In 2023, Ghana's main importing competitors in Coated Flat-Rolled Iron were:

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Trade Value of Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $95k
TOP IMPORT POTENTIALVietnam+ $5.37M

Coated Flat-Rolled Iron’s highest export potential is South Africa. With an export gap of $95k.   Coated Flat-Rolled Iron’s highest import potential is Vietnam with an import gap of $5.37M.

See methodology.

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