2022
Exports
$24.1kWorld Rnk 153 / 196
Flag Rnk 481 / 885
2022
PRODUCT COMPLEXITY IN Essential Oils
-1.09Rnk 855 / 1025
2022
Imports
$1.94MWorld Rnk 83 / 214
Flag Rnk 545 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $24.1k in Essential Oils, making it the 153rd largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 481st most exported product in Ghana. The main destination of Essential Oils exports from Ghana are: United Kingdom ($8.04k), Ireland ($4.93k), Kuwait ($2.97k), Togo ($1.58k), and Poland ($978).

The fastest growing export markets for Essential Oils of Ghana between 2021 and 2022 were United Kingdom ($8.04k), Ireland ($4.79k), and Kuwait ($1.97k).

Imports In 2022, Ghana imported $1.94M in Essential Oils, becoming the 83rd largest importer of Essential Oils in the world. At the same year, Essential Oils was the 545th most imported product in Ghana. Ghana imports Essential Oils primarily from: India ($1.52M), China ($116k), United Kingdom ($113k), Lebanon ($73.7k), and Netherlands ($51k).

The fastest growing import markets in Essential Oils for Ghana between 2021 and 2022 were India ($166k), Lebanon ($37.7k), and Netherlands ($17.7k).

Latest Trends

Jul 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 Essential 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 (2022)$24.1k
IMPORTS (2022)$1.94M
NET TRADE (2022)-$1.91M

In 2022, Ghana exported $24.1k in Essential Oils. The main destinations of Ghana exports on Essential Oils were United Kingdom ($8.04k), Ireland ($4.93k), Kuwait ($2.97k), Togo ($1.58k), and Poland ($978).

In 2022, Ghana imported $1.94M in Essential Oils, mainly from India ($1.52M), China ($116k), United Kingdom ($113k), Lebanon ($73.7k), and Netherlands ($51k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
United Kingdom$8.04k (1%)
Ireland$4.79k (3.4k%)
Kuwait$1.97k (197%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Ghana WERE (2021 - 2022):
United States-$48.6k (-100%)
Netherlands-$27.4k (-98.2%)
Australia-$9.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $11.5k
TOP IMPORT POTENTIALIndia+ $403k

Essential Oils’s highest export potential is United Kingdom. With an export gap of $11.5k.   Essential Oils’s highest import potential is India with an import gap of $403k.

See methodology.

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