2022
Exports
$3.88MWorld Rnk 80 / 151
Flag Rnk 88 / 885
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.41Rnk 402 / 1025
2022
Imports
$60.2MWorld Rnk 87 / 214
Flag Rnk 74 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $3.88M in Hot-Rolled Iron, making it the 80th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 88th most exported product in Ghana. The main destination of Hot-Rolled Iron exports from Ghana are: Burkina Faso ($3.23M), Niger ($334k), Senegal ($209k), Cote d'Ivoire ($70.7k), and Benin ($21k).

The fastest growing export markets for Hot-Rolled Iron of Ghana between 2021 and 2022 were Burkina Faso ($2.87M), Niger ($334k), and Senegal ($126k).

Imports In 2022, Ghana imported $60.2M in Hot-Rolled Iron, becoming the 87th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 74th most imported product in Ghana. Ghana imports Hot-Rolled Iron primarily from: China ($54.3M), Ukraine ($2.76M), Turkey ($652k), India ($492k), and Poland ($466k).

The fastest growing import markets in Hot-Rolled Iron for Ghana between 2021 and 2022 were China ($38.4M), Poland ($466k), and Netherlands ($212k).

Latest Trends

Oct 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 Hot-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 (2022)$3.88M
IMPORTS (2022)$60.2M
NET TRADE (2022)-$56.3M

In 2022, Ghana exported $3.88M in Hot-Rolled Iron. The main destinations of Ghana exports on Hot-Rolled Iron were Burkina Faso ($3.23M), Niger ($334k), Senegal ($209k), Cote d'Ivoire ($70.7k), and Benin ($21k).

In 2022, Ghana imported $60.2M in Hot-Rolled Iron, mainly from China ($54.3M), Ukraine ($2.76M), Turkey ($652k), India ($492k), and Poland ($466k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Burkina Faso$2.87M (790%)
Niger$334k (1%)
Senegal$126k (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Ghana WERE (2021 - 2022):
Benin-$359k (-94.5%)
Togo-$57.7k (-85%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
In 2022, Ghana's main importing competitors in Hot-Rolled Iron were:

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSenegal+ $38.8k
TOP IMPORT POTENTIALIndia+ $1.37M

Hot-Rolled Iron’s highest export potential is Senegal. With an export gap of $38.8k.   Hot-Rolled Iron’s highest import potential is India with an import gap of $1.37M.

See methodology.

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