2022
Exports
$6.25MWorld Rnk 60 / 152
Flag Rnk 70 / 885
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$3.42MWorld Rnk 101 / 219
Flag Rnk 465 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $6.25M in Fermented Milk Products, making it the 60th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 70th most exported product in Ghana. The main destination of Fermented Milk Products exports from Ghana are: Togo ($3.13M), Cote d'Ivoire ($2.62M), Benin ($398k), Burkina Faso ($106k), and United Arab Emirates ($150).

The fastest growing export markets for Fermented Milk Products of Ghana between 2021 and 2022 were Cote d'Ivoire ($1.67M), Togo ($748k), and Benin ($35.5k).

Imports In 2022, Ghana imported $3.42M in Fermented Milk Products, becoming the 101st largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 465th most imported product in Ghana. Ghana imports Fermented Milk Products primarily from: Germany ($925k), New Zealand ($773k), Spain ($630k), United Kingdom ($441k), and Benin ($292k).

The fastest growing import markets in Fermented Milk Products for Ghana between 2021 and 2022 were Germany ($696k), United Kingdom ($434k), and Turkey ($53.7k).

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 Fermented Milk Products. 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)$6.25M
IMPORTS (2022)$3.42M
NET TRADE (2022)$2.84M

In 2022, Ghana exported $6.25M in Fermented Milk Products. The main destinations of Ghana exports on Fermented Milk Products were Togo ($3.13M), Cote d'Ivoire ($2.62M), Benin ($398k), Burkina Faso ($106k), and United Arab Emirates ($150).

In 2022, Ghana imported $3.42M in Fermented Milk Products, mainly from Germany ($925k), New Zealand ($773k), Spain ($630k), United Kingdom ($441k), and Benin ($292k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Cote d'Ivoire$1.67M (175%)
Togo$748k (31.4%)
Benin$35.5k (9.79%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Ghana WERE (2021 - 2022):
Burkina Faso-$113k (-51.7%)
Nigeria-$1.33k (-100%)
Finland-$1.27k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Fermented Milk Products were:
In 2022, Ghana's main importing competitors in Fermented Milk Products were:

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $1.73k
TOP IMPORT POTENTIALGermany+ $304k

Fermented Milk Products’s highest export potential is United Arab Emirates. With an export gap of $1.73k.   Fermented Milk Products’s highest import potential is Germany with an import gap of $304k.

See methodology.

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