2022
Exports
$1.13MWorld Rnk 113 / 192
Flag Rnk 146 / 885
2022
PRODUCT COMPLEXITY IN Gas Turbines
0.71Rnk 270 / 1025
2022
Imports
$33.4MWorld Rnk 88 / 207
Flag Rnk 135 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $1.13M in Gas Turbines, making it the 113th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 146th most exported product in Ghana. The main destination of Gas Turbines exports from Ghana are: Thailand ($737k), United Arab Emirates ($355k), Netherlands ($23.7k), Belgium ($8.77k), and United Kingdom ($1.23k).

The fastest growing export markets for Gas Turbines of Ghana between 2021 and 2022 were Thailand ($591k), United Arab Emirates ($353k), and Netherlands ($23.7k).

Imports In 2022, Ghana imported $33.4M in Gas Turbines, becoming the 88th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 135th most imported product in Ghana. Ghana imports Gas Turbines primarily from: Italy ($11.2M), United States ($11M), United Arab Emirates ($3.05M), Thailand ($1.9M), and Latvia ($1.76M).

The fastest growing import markets in Gas Turbines for Ghana between 2021 and 2022 were Italy ($11M), United States ($6.65M), and Latvia ($1.76M).

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 Gas Turbines. 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)$1.13M
IMPORTS (2022)$33.4M
NET TRADE (2022)-$32.2M

In 2022, Ghana exported $1.13M in Gas Turbines. The main destinations of Ghana exports on Gas Turbines were Thailand ($737k), United Arab Emirates ($355k), Netherlands ($23.7k), Belgium ($8.77k), and United Kingdom ($1.23k).

In 2022, Ghana imported $33.4M in Gas Turbines, mainly from Italy ($11.2M), United States ($11M), United Arab Emirates ($3.05M), Thailand ($1.9M), and Latvia ($1.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Thailand$591k (408%)
United Arab Emirates$353k (15.8k%)
Netherlands$23.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Ghana WERE (2021 - 2022):
United Kingdom-$513k (-99.8%)
Australia-$129k (-100%)
Belgium-$92.2k (-91.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $332k
TOP IMPORT POTENTIALUnited States+ $6.19M

Gas Turbines’s highest export potential is United Arab Emirates. With an export gap of $332k.   Gas Turbines’s highest import potential is United States with an import gap of $6.19M.

See methodology.

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