2022
Exports
$877kWorld Rnk 88 / 156
Flag Rnk 158 / 885
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$103MWorld Rnk 32 / 216
Flag Rnk 46 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $877k in Iron Wire, making it the 88th largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 158th most exported product in Ghana. The main destination of Iron Wire exports from Ghana are: Niger ($771k), Senegal ($53.9k), Togo ($27.8k), Burkina Faso ($22.3k), and Benin ($2.54k).

The fastest growing export markets for Iron Wire of Ghana between 2021 and 2022 were Niger ($658k), Senegal ($53.9k), and Togo ($26.9k).

Imports In 2022, Ghana imported $103M in Iron Wire, becoming the 32nd largest importer of Iron Wire in the world. At the same year, Iron Wire was the 46th most imported product in Ghana. Ghana imports Iron Wire primarily from: China ($97.1M), South Africa ($4.39M), Togo ($412k), India ($303k), and Turkey ($206k).

The fastest growing import markets in Iron Wire for Ghana between 2021 and 2022 were China ($60.2M), Togo ($192k), and Netherlands ($191k).

Latest Trends

Sep 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 Iron Wire. 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)$877k
IMPORTS (2022)$103M
NET TRADE (2022)-$102M

In 2022, Ghana exported $877k in Iron Wire. The main destinations of Ghana exports on Iron Wire were Niger ($771k), Senegal ($53.9k), Togo ($27.8k), Burkina Faso ($22.3k), and Benin ($2.54k).

In 2022, Ghana imported $103M in Iron Wire, mainly from China ($97.1M), South Africa ($4.39M), Togo ($412k), India ($303k), and Turkey ($206k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Niger$658k (585%)
Senegal$53.9k (1%)
Togo$26.9k (2.92k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Ghana WERE (2021 - 2022):
Burkina Faso-$1.38k (-5.83%)
Cote d'Ivoire-$636 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Iron Wire were:
In 2022, Ghana's main importing competitors in Iron Wire were:

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSenegal+ $31.1k
TOP IMPORT POTENTIALIndia+ $465k

Iron Wire’s highest export potential is Senegal. With an export gap of $31.1k.   Iron Wire’s highest import potential is India with an import gap of $465k.

See methodology.

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