2023
Exports
$290kWorld Rnk 89 / 150
Flag Rnk 350 / 1037
2023
PRODUCT COMPLEXITY IN Seed Oils
-0.97Rnk 825 / 1025
2023
Imports
$19MWorld Rnk 84 / 216
Flag Rnk 184 / 1177
2023
ECONOMIC COMPLEXITY of Ghana
-0.97Rnk 109 / 132

About

Exports In 2023, Ghana exported $290k in Seed Oils, making it the 89th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 350th most exported product in Ghana. The main destination of Seed Oils exports from Ghana are: Djibouti ($143k), Benin ($49.3k), Burkina Faso ($45.1k), United Kingdom ($41.3k), and Cote d'Ivoire ($7.71k).

The fastest growing export markets for Seed Oils of Ghana between 2022 and 2023 were Djibouti ($143k), Benin ($49.3k), and Burkina Faso ($45.1k).

Imports In 2023, Ghana imported $19M in Seed Oils, becoming the 84th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 184th most imported product in Ghana. Ghana imports Seed Oils primarily from: Turkey ($8.67M), Ukraine ($3.67M), Romania ($1.61M), Spain ($914k), and United Arab Emirates ($868k).

The fastest growing import markets in Seed Oils for Ghana between 2022 and 2023 were United Arab Emirates ($767k), Spain ($673k), and Tunisia ($281k).

Latest Trends

Dec 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 (2023)$290k
IMPORTS (2023)$19M
NET TRADE (2023)-$18.7M

In 2023, Ghana exported $290k in Seed Oils. The main destinations of Ghana exports on Seed Oils were Djibouti ($143k), Benin ($49.3k), Burkina Faso ($45.1k), United Kingdom ($41.3k), and Cote d'Ivoire ($7.71k).

In 2023, Ghana imported $19M in Seed Oils, mainly from Turkey ($8.67M), Ukraine ($3.67M), Romania ($1.61M), Spain ($914k), and United Arab Emirates ($868k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Ghana WERE (2022 - 2023):
Djibouti$143k (1%)
Benin$49.3k (1%)
Burkina Faso$45.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Ghana WERE (2022 - 2023):
South Africa-$214 (-100%)
Canada-$100 (-92.6%)
Namibia-$73 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ghana's main exporting competitors in Seed Oils were:
Ukraine $5.26B
Russia $3.51B
Turkey $1.38B
In 2023, Ghana's main importing competitors in Seed Oils were:
India $2.43B
China $1.62B
Turkey $1.47B

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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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