2022
Exports
$22.1MWorld Rnk 71 / 162
Flag Rnk 33 / 885
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$16.5MWorld Rnk 122 / 217
Flag Rnk 216 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $22.1M in Raw Iron Bars, making it the 71st largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 33rd most exported product in Ghana. The main destination of Raw Iron Bars exports from Ghana are: Niger ($12.1M), Burkina Faso ($5.47M), Togo ($3.53M), Cote d'Ivoire ($824k), and Benin ($142k).

The fastest growing export markets for Raw Iron Bars of Ghana between 2021 and 2022 were Niger ($4.37M), Burkina Faso ($3.06M), and Cote d'Ivoire ($786k).

Imports In 2022, Ghana imported $16.5M in Raw Iron Bars, becoming the 122nd largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 216th most imported product in Ghana. Ghana imports Raw Iron Bars primarily from: China ($9.41M), Turkey ($3.06M), United Arab Emirates ($2.94M), India ($280k), and Italy ($272k).

The fastest growing import markets in Raw Iron Bars for Ghana between 2021 and 2022 were United Arab Emirates ($2.94M), China ($1.48M), and South Korea ($245k).

Latest Trends

Nov 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 Raw Iron Bars. 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)$22.1M
IMPORTS (2022)$16.5M
NET TRADE (2022)$5.61M

In 2022, Ghana exported $22.1M in Raw Iron Bars. The main destinations of Ghana exports on Raw Iron Bars were Niger ($12.1M), Burkina Faso ($5.47M), Togo ($3.53M), Cote d'Ivoire ($824k), and Benin ($142k).

In 2022, Ghana imported $16.5M in Raw Iron Bars, mainly from China ($9.41M), Turkey ($3.06M), United Arab Emirates ($2.94M), India ($280k), and Italy ($272k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Niger$4.37M (56.4%)
Burkina Faso$3.06M (128%)
Cote d'Ivoire$786k (2.06k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Ghana WERE (2021 - 2022):
Togo-$470k (-11.7%)
Senegal-$97.9k (-97.2%)
Benin-$48.4k (-25.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Ghana's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBenin+ $141k
TOP IMPORT POTENTIALTurkey+ $1.64M

Raw Iron Bars’s highest export potential is Benin. With an export gap of $141k.   Raw Iron Bars’s highest import potential is Turkey with an import gap of $1.64M.

See methodology.

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