2022
Exports
$7.1MWorld Rnk 74 / 166
Flag Rnk 65 / 885
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$81.8MWorld Rnk 53 / 224
Flag Rnk 56 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $7.1M in Concentrated Milk, making it the 74th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 65th most exported product in Ghana. The main destination of Concentrated Milk exports from Ghana are: Senegal ($6.65M), Angola ($248k), Togo ($159k), Cote d'Ivoire ($26.2k), and United Arab Emirates ($11.3k).

The fastest growing export markets for Concentrated Milk of Ghana between 2021 and 2022 were Senegal ($787k), United Arab Emirates ($8.14k), and Canada ($2.76k).

Imports In 2022, Ghana imported $81.8M in Concentrated Milk, becoming the 53rd largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 56th most imported product in Ghana. Ghana imports Concentrated Milk primarily from: Belgium ($11.5M), Germany ($11.1M), Ireland ($10.7M), New Zealand ($7.88M), and Sweden ($7.81M).

The fastest growing import markets in Concentrated Milk for Ghana between 2021 and 2022 were Belgium ($6.44M), Nigeria ($3.82M), and Oman ($3.17M).

Latest Trends

Aug 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 Concentrated Milk. 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)$7.1M
IMPORTS (2022)$81.8M
NET TRADE (2022)-$74.7M

In 2022, Ghana exported $7.1M in Concentrated Milk. The main destinations of Ghana exports on Concentrated Milk were Senegal ($6.65M), Angola ($248k), Togo ($159k), Cote d'Ivoire ($26.2k), and United Arab Emirates ($11.3k).

In 2022, Ghana imported $81.8M in Concentrated Milk, mainly from Belgium ($11.5M), Germany ($11.1M), Ireland ($10.7M), New Zealand ($7.88M), and Sweden ($7.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Senegal$787k (13.4%)
Canada$2.76k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Ghana WERE (2021 - 2022):
Cote d'Ivoire-$8.55M (-99.7%)
Nigeria-$619k (-100%)
Angola-$273k (-52.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Concentrated Milk were:
In 2022, Ghana's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $53.7k
TOP IMPORT POTENTIALNew Zealand+ $2.61M

Concentrated Milk’s highest export potential is United Arab Emirates. With an export gap of $53.7k.   Concentrated Milk’s highest import potential is New Zealand with an import gap of $2.61M.

See methodology.

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