2022
Exports
$2.72kWorld Rnk 105 / 128
Flag Rnk 684 / 885
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$2.54kWorld Rnk 119 / 130
Flag Rnk 1077 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $2.72k in Iron Ore, making it the 105th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 684th most exported product in Ghana. The main destination of Iron Ore exports from Ghana are: South Africa ($2.72k).

The fastest growing export markets for Iron Ore of Ghana between 2021 and 2022 were South Africa ($2.68k).

Imports In 2022, Ghana imported $2.54k in Iron Ore, becoming the 119th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1077th most imported product in Ghana. Ghana imports Iron Ore primarily from: Senegal ($2.54k).

The fastest growing import markets in Iron Ore for Ghana between N/A and 2022 were Senegal ($2.54k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.72k
IMPORTS (2022)$2.54k
NET TRADE (2022)$179

In 2022, Ghana exported $2.72k in Iron Ore. The main destinations of Ghana exports on Iron Ore were South Africa ($2.72k).

In 2022, Ghana imported $2.54k in Iron Ore, mainly from Senegal ($2.54k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Ghana WERE (2021 - 2022):South Africa$2.68k (7.05k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Ghana WERE (2021 - 2022):
China-$67 (-100%)
Ireland-$41 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ghana's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Ghana's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.26k
TOP IMPORT POTENTIALBrazil+ $1.23k

Iron Ore’s highest export potential is China. With an export gap of $2.26k.   Iron Ore’s highest import potential is Brazil with an import gap of $1.23k.

See methodology.

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