2022
Exports
$1.93MWorld Rnk 115 / 210
Flag Rnk 121 / 885
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$358MWorld Rnk 97 / 224
Flag Rnk 3 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $1.93M in Cars, making it the 115th largest exporter of Cars in the world. At the same year, Cars was the 121st most exported product in Ghana. The main destination of Cars exports from Ghana are: United Kingdom ($745k), Togo ($466k), Germany ($184k), Benin ($134k), and Pakistan ($133k).

The fastest growing export markets for Cars of Ghana between 2021 and 2022 were United Kingdom ($745k), Togo ($445k), and Pakistan ($133k).

Imports In 2022, Ghana imported $358M in Cars, becoming the 97th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Ghana. Ghana imports Cars primarily from: United States ($130M), United Arab Emirates ($82.2M), Canada ($40.7M), Japan ($25.7M), and India ($20M).

The fastest growing import markets in Cars for Ghana between 2021 and 2022 were Kuwait ($2.01M), Burkina Faso ($175k), and Poland ($156k).

Latest Trends

Aug 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 Cars. 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)$1.93M
IMPORTS (2022)$358M
NET TRADE (2022)-$356M

In 2022, Ghana exported $1.93M in Cars. The main destinations of Ghana exports on Cars were United Kingdom ($745k), Togo ($466k), Germany ($184k), Benin ($134k), and Pakistan ($133k).

In 2022, Ghana imported $358M in Cars, mainly from United States ($130M), United Arab Emirates ($82.2M), Canada ($40.7M), Japan ($25.7M), and India ($20M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
United Kingdom$745k (1%)
Togo$445k (2.06k%)
Pakistan$133k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Ghana WERE (2021 - 2022):
Benin-$278k (-67.5%)
Cote d'Ivoire-$171k (-100%)
Nigeria-$112k (-73.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Cars were:
In 2022, Ghana's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.11M
TOP IMPORT POTENTIALUnited States+ $31.7M

Cars’s highest export potential is United Kingdom. With an export gap of $1.11M.   Cars’s highest import potential is United States with an import gap of $31.7M.

See methodology.

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