HS Icon Crude Petroleum in  Flag Ghana

2021
Exports | Imports
: $3.57B | $103M, World Rnk 27 / 147
Flag Rnk 2 / 872 | World Rnk 73 / 163
Flag Rnk 46 / 1120

2021
ECONOMIC COMPLEXITY of Ghana
: -1.27, Rnk 118 / 131

2021
PRODUCT COMPLEXITY IN Crude Petroleum
: -2.38, Rnk 1024 / 1029

Exports In 2021, Ghana exported $3.57B in Crude Petroleum, making it the 27th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most exported product in Ghana. The main destination of Crude Petroleum exports from Ghana are: United States ($1.18B), China ($888M), South Africa ($525M), India ($245M), and Thailand ($234M).

The fastest growing export markets for Crude Petroleum of Ghana between 2020 and 2021 were United States ($827M), India ($152M), and Malaysia ($126M).

Imports In 2021, Ghana imported $103M in Crude Petroleum, becoming the 73rd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 46th most imported product in Ghana. Ghana imports Crude Petroleum primarily from: Nigeria ($103M) and United Arab Emirates ($168).

Subnational Monthly Trade

#permalink to section
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 Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section
Color

EXPORTS (2021): $3.57B

IMPORTS (2021): $103M

NET TRADE (2021): $3.47B

In 2021, Ghana exported $3.57B in Crude Petroleum. The main destinations of Ghana exports on Crude Petroleum were United States ($1.18B), China ($888M), South Africa ($525M), India ($245M), and Thailand ($234M).

In 2021, Ghana imported $103M in Crude Petroleum, mainly from Nigeria ($103M) and United Arab Emirates ($168).

Explore Visualizations

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Ghana WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Ghana WERE (2020 - 2021):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2021, Ghana's main exporting competitors in Crude Petroleum were:

In 2021, Ghana's main importing competitors in Crude Petroleum were:

Explore Visualizations