2022
Exports
$7.98MWorld Rnk 35 / 154
Flag Rnk 57 / 885
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$2.88MWorld Rnk 88 / 212
Flag Rnk 483 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $7.98M in Coconut Oil, making it the 35th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 57th most exported product in Ghana. The main destination of Coconut Oil exports from Ghana are: Germany ($3.17M), Kenya ($2.44M), United States ($1.1M), Netherlands ($490k), and Canada ($216k).

The fastest growing export markets for Coconut Oil of Ghana between 2021 and 2022 were Germany ($1.1M), Kenya ($689k), and Spain ($149k).

Imports In 2022, Ghana imported $2.88M in Coconut Oil, becoming the 88th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 483rd most imported product in Ghana. Ghana imports Coconut Oil primarily from: Malaysia ($2.18M), Nigeria ($535k), Cote d'Ivoire ($121k), Indonesia ($32.6k), and India ($5.04k).

The fastest growing import markets in Coconut Oil for Ghana between 2021 and 2022 were Nigeria ($535k), Indonesia ($32.6k), and Germany ($274).

Latest Trends

Oct 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 Coconut 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

Color
EXPORTS (2022)$7.98M
IMPORTS (2022)$2.88M
NET TRADE (2022)$5.1M

In 2022, Ghana exported $7.98M in Coconut Oil. The main destinations of Ghana exports on Coconut Oil were Germany ($3.17M), Kenya ($2.44M), United States ($1.1M), Netherlands ($490k), and Canada ($216k).

In 2022, Ghana imported $2.88M in Coconut Oil, mainly from Malaysia ($2.18M), Nigeria ($535k), Cote d'Ivoire ($121k), Indonesia ($32.6k), and India ($5.04k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Germany$1.1M (53.5%)
Kenya$689k (39.4%)
Spain$149k (28.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Ghana WERE (2021 - 2022):
China-$863k (-99.9%)
Senegal-$440k (-100%)
Netherlands-$431k (-46.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.96M
TOP IMPORT POTENTIALIndonesia+ $124k

Coconut Oil’s highest export potential is United States. With an export gap of $1.96M.   Coconut Oil’s highest import potential is Indonesia with an import gap of $124k.

See methodology.

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