2022
Exports
$763kWorld Rnk 87 / 141
Flag Rnk 167 / 885
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2022
Imports
$117kWorld Rnk 113 / 186
Flag Rnk 896 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $763k in Inedible Fats and Oils, making it the 87th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 167th most exported product in Ghana. The main destination of Inedible Fats and Oils exports from Ghana are: Belgium ($249k), Netherlands ($237k), United Kingdom ($150k), Spain ($121k), and Germany ($6.43k).

The fastest growing export markets for Inedible Fats and Oils of Ghana between 2021 and 2022 were Belgium ($249k), United Kingdom ($150k), and Spain ($62.5k).

Imports In 2022, Ghana imported $117k in Inedible Fats and Oils, becoming the 113th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 896th most imported product in Ghana. Ghana imports Inedible Fats and Oils primarily from: United States ($101k), Belgium ($11.6k), China ($1.76k), United Kingdom ($1.5k), and India ($494).

The fastest growing import markets in Inedible Fats and Oils for Ghana between 2021 and 2022 were United States ($101k), Belgium ($6.83k), and China ($1.76k).

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 Inedible Fats and 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)$763k
IMPORTS (2022)$117k
NET TRADE (2022)$646k

In 2022, Ghana exported $763k in Inedible Fats and Oils. The main destinations of Ghana exports on Inedible Fats and Oils were Belgium ($249k), Netherlands ($237k), United Kingdom ($150k), Spain ($121k), and Germany ($6.43k).

In 2022, Ghana imported $117k in Inedible Fats and Oils, mainly from United States ($101k), Belgium ($11.6k), China ($1.76k), United Kingdom ($1.5k), and India ($494).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Belgium$249k (1%)
United Kingdom$150k (1%)
Spain$62.5k (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Ghana WERE (2021 - 2022):Lebanon-$528 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $241k
TOP IMPORT POTENTIALUnited States+ $54.7k

Inedible Fats and Oils’s highest export potential is Netherlands. With an export gap of $241k.   Inedible Fats and Oils’s highest import potential is United States with an import gap of $54.7k.

See methodology.

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