2023
Exports
$133MWorld Rnk 13 / 187
Flag Rnk 14 / 1037
2023
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-1.06Rnk 848 / 1025
2023
Imports
$7.74MWorld Rnk 64 / 223
Flag Rnk 302 / 1177
2023
ECONOMIC COMPLEXITY of Ghana
-0.97Rnk 109 / 132

About

Exports In 2023, Ghana exported $133M in Other Pure Vegetable Oils, making it the 13th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 14th most exported product in Ghana. The main destination of Other Pure Vegetable Oils exports from Ghana are: Netherlands ($54.2M), Malaysia ($40.5M), Belgium ($23.5M), Canada ($3.33M), and United States ($2.92M).

The fastest growing export markets for Other Pure Vegetable Oils of Ghana between 2022 and 2023 were Netherlands ($20.1M), Malaysia ($3.03M), and France ($1M).

Imports In 2023, Ghana imported $7.74M in Other Pure Vegetable Oils, becoming the 64th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 302nd most imported product in Ghana. Ghana imports Other Pure Vegetable Oils primarily from: Togo ($4.32M), Burkina Faso ($2.5M), Malaysia ($365k), Cote d'Ivoire ($179k), and India ($175k).

The fastest growing import markets in Other Pure Vegetable Oils for Ghana between 2022 and 2023 were Malaysia ($342k), Cote d'Ivoire ($173k), and Belgium ($40k).

Latest Trends

Dec 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 Other Pure Vegetable Oils. 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 (2023)$133M
IMPORTS (2023)$7.74M
NET TRADE (2023)$125M

In 2023, Ghana exported $133M in Other Pure Vegetable Oils. The main destinations of Ghana exports on Other Pure Vegetable Oils were Netherlands ($54.2M), Malaysia ($40.5M), Belgium ($23.5M), Canada ($3.33M), and United States ($2.92M).

In 2023, Ghana imported $7.74M in Other Pure Vegetable Oils, mainly from Togo ($4.32M), Burkina Faso ($2.5M), Malaysia ($365k), Cote d'Ivoire ($179k), and India ($175k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Ghana WERE (2022 - 2023):
Netherlands$20.1M (58.9%)
Malaysia$3.03M (8.09%)
France$1M (340%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Ghana WERE (2022 - 2023):
Belgium-$4.01M (-14.6%)
United States-$3.77M (-56.4%)
Japan-$1.04M (-91.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ghana's main exporting competitors in Other Pure Vegetable Oils were:
In 2023, Ghana's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $6.09M
TOP IMPORT POTENTIALIndia+ $303k

Other Pure Vegetable Oils’s highest export potential is United States. With an export gap of $6.09M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $303k.

See methodology.

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