2022
Exports
$2.05MWorld Rnk 78 / 126
Flag Rnk 118 / 885
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$130MWorld Rnk 37 / 210
Flag Rnk 34 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $2.05M in Hot-Rolled Iron Bars, making it the 78th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 118th most exported product in Ghana. The main destination of Hot-Rolled Iron Bars exports from Ghana are: Burkina Faso ($936k), Senegal ($915k), Cote d'Ivoire ($190k), and Niger ($13.7k).

The fastest growing export markets for Hot-Rolled Iron Bars of Ghana between 2021 and 2022 were Senegal ($915k) and Cote d'Ivoire ($190k).

Imports In 2022, Ghana imported $130M in Hot-Rolled Iron Bars, becoming the 37th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 34th most imported product in Ghana. Ghana imports Hot-Rolled Iron Bars primarily from: China ($52.2M), Malaysia ($34.6M), South Africa ($21.4M), Ukraine ($14.8M), and Turkey ($5.44M).

The fastest growing import markets in Hot-Rolled Iron Bars for Ghana between 2021 and 2022 were China ($47.6M), South Africa ($19.3M), and Malaysia ($14.7M).

Latest Trends

Nov 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 Hot-Rolled Iron Bars. 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)$2.05M
IMPORTS (2022)$130M
NET TRADE (2022)-$128M

In 2022, Ghana exported $2.05M in Hot-Rolled Iron Bars. The main destinations of Ghana exports on Hot-Rolled Iron Bars were Burkina Faso ($936k), Senegal ($915k), Cote d'Ivoire ($190k), and Niger ($13.7k).

In 2022, Ghana imported $130M in Hot-Rolled Iron Bars, mainly from China ($52.2M), Malaysia ($34.6M), South Africa ($21.4M), Ukraine ($14.8M), and Turkey ($5.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Senegal$915k (1%)
Cote d'Ivoire$190k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Ghana WERE (2021 - 2022):
Burkina Faso-$1.75M (-65.1%)
Niger-$134k (-90.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Ghana's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBurkina Faso+ $27.8k
TOP IMPORT POTENTIALTurkey+ $2.06M

Hot-Rolled Iron Bars’s highest export potential is Burkina Faso. With an export gap of $27.8k.   Hot-Rolled Iron Bars’s highest import potential is Turkey with an import gap of $2.06M.

See methodology.

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