2022
Exports
$25.6kWorld Rnk 115 / 152
Flag Rnk 477 / 885
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$27.3MWorld Rnk 83 / 211
Flag Rnk 158 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $25.6k in Seed Oils, making it the 115th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 477th most exported product in Ghana. The main destination of Seed Oils exports from Ghana are: United Kingdom ($25.2k), South Africa ($214), Canada ($97), Namibia ($67), and Belgium ($4).

The fastest growing export markets for Seed Oils of Ghana between 2021 and 2022 were United Kingdom ($25.2k), South Africa ($214), and Canada ($97).

Imports In 2022, Ghana imported $27.3M in Seed Oils, becoming the 83rd largest importer of Seed Oils in the world. At the same year, Seed Oils was the 158th most imported product in Ghana. Ghana imports Seed Oils primarily from: Turkey ($18M), Ukraine ($6.22M), Portugal ($1.3M), Italy ($379k), and Spain ($311k).

The fastest growing import markets in Seed Oils for Ghana between 2021 and 2022 were Turkey ($11.7M), Poland ($206k), and Mozambique ($161k).

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 Seed Oils. 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)$25.6k
IMPORTS (2022)$27.3M
NET TRADE (2022)-$27.3M

In 2022, Ghana exported $25.6k in Seed Oils. The main destinations of Ghana exports on Seed Oils were United Kingdom ($25.2k), South Africa ($214), Canada ($97), Namibia ($67), and Belgium ($4).

In 2022, Ghana imported $27.3M in Seed Oils, mainly from Turkey ($18M), Ukraine ($6.22M), Portugal ($1.3M), Italy ($379k), and Spain ($311k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
United Kingdom$25.2k (1%)
South Africa$214 (1%)
Canada$97 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Ghana WERE (2021 - 2022):
United Arab Emirates-$5.4k (-100%)
Singapore-$131 (-100%)
Niger-$66 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Ghana's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $23.7k
TOP IMPORT POTENTIALSpain+ $391k

Seed Oils’s highest export potential is United Kingdom. With an export gap of $23.7k.   Seed Oils’s highest import potential is Spain with an import gap of $391k.

See methodology.

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