2023
Exports
$4.49kWorld Rnk 101 / 127
Flag Rnk 805 / 1037
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$852World Rnk 110 / 125
Flag Rnk 1150 / 1177
2023
ECONOMIC COMPLEXITY of Ghana
-0.97Rnk 109 / 132

About

Exports In 2023, Ghana exported $4.49k in Iron Ore, making it the 101st largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 805th most exported product in Ghana. The main destination of Iron Ore exports from Ghana are: Turkey ($4.39k) and South Africa ($101).

The fastest growing export markets for Iron Ore of Ghana between 2022 and 2023 were Turkey ($4.39k).

Imports In 2018, Ghana imported $852 in Iron Ore, becoming the 110th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1150th most imported product in Ghana. Ghana imports Iron Ore primarily from: Senegal ($603), United Kingdom ($137), Netherlands ($79), and China ($33).

The fastest growing import markets in Iron Ore for Ghana between 2022 and 2023 were United Kingdom ($137).

Historical Data

Trade Balance

Color
EXPORTS (2023)$4.49k
IMPORTS (2023)$852
NET TRADE (2023)$3.64k

In 2023, Ghana exported $4.49k in Iron Ore. The main destinations of Ghana exports on Iron Ore were Turkey ($4.39k) and South Africa ($101).

In 2023, Ghana imported $852 in Iron Ore, mainly from Senegal ($603), United Kingdom ($137), Netherlands ($79), and China ($33).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Ghana WERE (2022 - 2023):Turkey$4.39k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Ghana WERE (2022 - 2023):
South Africa-$2.62k (-96.3%)
Italy-$221 (-100%)
United Kingdom-$198 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ghana's main exporting competitors in Iron Ore were:
In 2023, Ghana's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.26k
TOP IMPORT POTENTIALBrazil+ $1.23k

Iron Ore’s highest export potential is China. With an export gap of $2.26k.   Iron Ore’s highest import potential is Brazil with an import gap of $1.23k.

See methodology.

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