2022
Exports
$9.19MWorld Rnk 102 / 217
Flag Rnk 51 / 885
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$212MWorld Rnk 107 / 224
Flag Rnk 13 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $9.19M in Packaged Medicaments, making it the 102nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 51st most exported product in Ghana. The main destination of Packaged Medicaments exports from Ghana are: Burkina Faso ($5.09M), Cote d'Ivoire ($2.38M), Senegal ($879k), Nigeria ($253k), and Togo ($158k).

The fastest growing export markets for Packaged Medicaments of Ghana between 2021 and 2022 were Cote d'Ivoire ($2.21M), Benin ($127k), and Nigeria ($118k).

Imports In 2022, Ghana imported $212M in Packaged Medicaments, becoming the 107th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 13th most imported product in Ghana. Ghana imports Packaged Medicaments primarily from: India ($126M), United Kingdom ($12.5M), France ($11.4M), China ($9.89M), and Belgium ($9.82M).

The fastest growing import markets in Packaged Medicaments for Ghana between 2021 and 2022 were Belgium ($922k), Pakistan ($824k), and Thailand ($645k).

Latest Trends

Aug 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 Packaged Medicaments. 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)$9.19M
IMPORTS (2022)$212M
NET TRADE (2022)-$203M

In 2022, Ghana exported $9.19M in Packaged Medicaments. The main destinations of Ghana exports on Packaged Medicaments were Burkina Faso ($5.09M), Cote d'Ivoire ($2.38M), Senegal ($879k), Nigeria ($253k), and Togo ($158k).

In 2022, Ghana imported $212M in Packaged Medicaments, mainly from India ($126M), United Kingdom ($12.5M), France ($11.4M), China ($9.89M), and Belgium ($9.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Cote d'Ivoire$2.21M (1.3k%)
Benin$127k (1.81k%)
Nigeria$118k (88%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Ghana WERE (2021 - 2022):
Burkina Faso-$2.22M (-30.4%)
Senegal-$671k (-43.3%)
Turkey-$629k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Packaged Medicaments were:
In 2022, Ghana's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNigeria+ $580k
TOP IMPORT POTENTIALIndia+ $20.1M

Packaged Medicaments’s highest export potential is Nigeria. With an export gap of $580k.   Packaged Medicaments’s highest import potential is India with an import gap of $20.1M.

See methodology.

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