Palm Oil in Ghana | The Observatory of Economic Complexity

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Exports In 2022, Ghana exported $68.9M in Palm Oil, making it the 33rd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 19th most exported product in Ghana. The main destination of Palm Oil exports from Ghana are: Senegal ($25.5M), Cote d'Ivoire ($11.1M), Germany ($8.81M), Nigeria ($8.64M), and Niger ($4.47M).

The fastest growing export markets for Palm Oil of Ghana between 2021 and 2022 were Germany ($8.79M), Nigeria ($4.85M), and Cote d'Ivoire ($4.64M).

Imports In 2022, Ghana imported $202M in Palm Oil, becoming the 48th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 14th most imported product in Ghana. Ghana imports Palm Oil primarily from: Cote d'Ivoire ($77.8M), Malaysia ($74.8M), Indonesia ($36.4M), Togo ($7.34M), and Singapore ($3.36M).

The fastest growing import markets in Palm Oil for Ghana between 2021 and 2022 were Cote d'Ivoire ($27.2M), Singapore ($2.76M), and Thailand ($2.18M).

COMPANIES In 2023, leading companies such as CHEVRON PRODUCTS COMPANY (3) were at the forefront of shipping Palm Oil from Ghana to the United States.

Latest Trends

Mar 2024

Subnational Monthly Trade

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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 Palm Oil. 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

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Trade Value

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Year

EXPORTS (2022)$68.9M

IMPORTS (2022)$202M

NET TRADE (2022)-$133M

In 2022, Ghana exported $68.9M in Palm Oil. The main destinations of Ghana exports on Palm Oil were Senegal ($25.5M), Cote d'Ivoire ($11.1M), Germany ($8.81M), Nigeria ($8.64M), and Niger ($4.47M).

In 2022, Ghana imported $202M in Palm Oil, mainly from Cote d'Ivoire ($77.8M), Malaysia ($74.8M), Indonesia ($36.4M), Togo ($7.34M), and Singapore ($3.36M).

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