2022
Exports
$127kWorld Rnk 98 / 195
Flag Rnk 324 / 885
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$5.56MWorld Rnk 103 / 224
Flag Rnk 396 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $127k in Lubricating Products, making it the 98th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 324th most exported product in Ghana. The main destination of Lubricating Products exports from Ghana are: Burkina Faso ($118k), Senegal ($2.29k), Nigeria ($2.06k), Cote d'Ivoire ($1.42k), and Benin ($1.31k).

The fastest growing export markets for Lubricating Products of Ghana between 2021 and 2022 were Senegal ($2.29k), Nigeria ($2.06k), and Togo ($771).

Imports In 2018, Ghana imported $5.56M in Lubricating Products, becoming the 103rd largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 396th most imported product in Ghana. Ghana imports Lubricating Products primarily from: Germany ($2.18M), China ($504k), South Africa ($487k), France ($462k), and Netherlands ($282k).

The fastest growing import markets in Lubricating Products for Ghana between 2021 and 2022 were France ($333k), China ($131k), and South Africa ($122k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Lubricating Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$127k
IMPORTS (2022)$5.56M
NET TRADE (2022)-$5.44M

In 2022, Ghana exported $127k in Lubricating Products. The main destinations of Ghana exports on Lubricating Products were Burkina Faso ($118k), Senegal ($2.29k), Nigeria ($2.06k), Cote d'Ivoire ($1.42k), and Benin ($1.31k).

In 2022, Ghana imported $5.56M in Lubricating Products, mainly from Germany ($2.18M), China ($504k), South Africa ($487k), France ($462k), and Netherlands ($282k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Senegal$2.29k (1%)
Nigeria$2.06k (1%)
Togo$771 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Ghana WERE (2021 - 2022):
Cote d'Ivoire-$61.7k (-97.7%)
Burkina Faso-$52k (-30.6%)
Benin-$4.98k (-79.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ghana's main exporting competitors in Lubricating Products were:
In 2022, Ghana's main importing competitors in Lubricating Products were:
China $1.71B

Explore Visualizations

Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $5.87k
TOP IMPORT POTENTIALGermany+ $551k

Lubricating Products’s highest export potential is Nigeria. With an export gap of $5.87k.   Lubricating Products’s highest import potential is Germany with an import gap of $551k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with