2022
Exports
$180MWorld Rnk 14 / 131
Flag Rnk 8 / 885
2022
PRODUCT COMPLEXITY IN Rubber
-2.24Rnk 1010 / 1025
2022
Imports
$340kWorld Rnk 110 / 192
Flag Rnk 780 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $180M in Rubber, making it the 14th largest exporter of Rubber in the world. At the same year, Rubber was the 8th most exported product in Ghana. The main destination of Rubber exports from Ghana are: India ($37.6M), Malaysia ($31.8M), United States ($22.5M), Spain ($17.8M), and France ($12M).

The fastest growing export markets for Rubber of Ghana between 2021 and 2022 were India ($16M), Malaysia ($7.73M), and Spain ($7.39M).

Imports In 2022, Ghana imported $340k in Rubber, becoming the 110th largest importer of Rubber in the world. At the same year, Rubber was the 780th most imported product in Ghana. Ghana imports Rubber primarily from: Nigeria ($294k), Cote d'Ivoire ($17.8k), United Kingdom ($15.2k), China ($11.6k), and Tanzania ($913).

The fastest growing import markets in Rubber for Ghana between 2021 and 2022 were Nigeria ($294k), China ($11.6k), and Tanzania ($913).

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 Rubber. 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)$180M
IMPORTS (2022)$340k
NET TRADE (2022)$180M

In 2022, Ghana exported $180M in Rubber. The main destinations of Ghana exports on Rubber were India ($37.6M), Malaysia ($31.8M), United States ($22.5M), Spain ($17.8M), and France ($12M).

In 2022, Ghana imported $340k in Rubber, mainly from Nigeria ($294k), Cote d'Ivoire ($17.8k), United Kingdom ($15.2k), China ($11.6k), and Tanzania ($913).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
India$16M (74.1%)
Malaysia$7.73M (32%)
Spain$7.39M (70.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Ghana WERE (2021 - 2022):
United States-$7.37M (-24.7%)
Canada-$2.4M (-35.8%)
Germany-$1.16M (-9.38%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.7M
TOP IMPORT POTENTIALNigeria+ $69.4k

Rubber’s highest export potential is United States. With an export gap of $20.7M.   Rubber’s highest import potential is Nigeria with an import gap of $69.4k.

See methodology.

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