2022
Exports
$4.44MWorld Rnk 103 / 216
Flag Rnk 80 / 885
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$36MWorld Rnk 95 / 222
Flag Rnk 126 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $4.44M in Industrial Fatty Acids, Oils and Alcohols, making it the 103rd largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 80th most exported product in Ghana. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Ghana are: India ($1.43M), China ($850k), Togo ($625k), Pakistan ($509k), and Burkina Faso ($416k).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Ghana between 2021 and 2022 were China ($709k), Pakistan ($455k), and Benin ($155k).

Imports In 2022, Ghana imported $36M in Industrial Fatty Acids, Oils and Alcohols, becoming the 95th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 126th most imported product in Ghana. Ghana imports Industrial Fatty Acids, Oils and Alcohols primarily from: South Africa ($8.92M), China ($7.28M), Thailand ($3.11M), United States ($1.8M), and Spain ($1.68M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Ghana between 2021 and 2022 were South Africa ($1.72M), Thailand ($663k), and Spain ($624k).

Latest Trends

Nov 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 Industrial Fatty Acids, Oils and Alcohols. 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)$4.44M
IMPORTS (2022)$36M
NET TRADE (2022)-$31.6M

In 2022, Ghana exported $4.44M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Ghana exports on Industrial Fatty Acids, Oils and Alcohols were India ($1.43M), China ($850k), Togo ($625k), Pakistan ($509k), and Burkina Faso ($416k).

In 2022, Ghana imported $36M in Industrial Fatty Acids, Oils and Alcohols, mainly from South Africa ($8.92M), China ($7.28M), Thailand ($3.11M), United States ($1.8M), and Spain ($1.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
China$709k (505%)
Pakistan$455k (843%)
Benin$155k (614%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Ghana WERE (2021 - 2022):
India-$7.71M (-84.4%)
Cote d'Ivoire-$38.5k (-9.09%)
Nigeria-$18.9k (-73.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Ghana's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALNetherlands+ $320k
TOP IMPORT POTENTIALMalaysia+ $361k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is Netherlands. With an export gap of $320k.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Malaysia with an import gap of $361k.

See methodology.

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