2022
Exports
$1.54kWorld Rnk 100 / 133
Flag Rnk 724 / 885
2022
PRODUCT COMPLEXITY IN Silk Fabrics
0.43Rnk 394 / 1025
2022
Imports
$49.1kWorld Rnk 126 / 192
Flag Rnk 960 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $1.54k in Silk Fabrics, making it the 100th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 724th most exported product in Ghana. The main destination of Silk Fabrics exports from Ghana are: Togo ($1.07k), South Africa ($159), Norway ($158), Netherlands ($126), and Portugal ($32).

The fastest growing export markets for Silk Fabrics of Ghana between 2021 and 2022 were Togo ($1.07k), South Africa ($159), and Norway ($158).

Imports In 2022, Ghana imported $49.1k in Silk Fabrics, becoming the 126th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 960th most imported product in Ghana. Ghana imports Silk Fabrics primarily from: South Korea ($28k), China ($15.4k), Italy ($3.25k), South Africa ($2.4k), and Turkey ($19).

The fastest growing import markets in Silk Fabrics for Ghana between 2021 and 2022 were South Korea ($28k), China ($15.4k), and Italy ($3.25k).

Latest Trends

Jul 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 Silk Fabrics. 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)$1.54k
IMPORTS (2022)$49.1k
NET TRADE (2022)-$47.5k

In 2022, Ghana exported $1.54k in Silk Fabrics. The main destinations of Ghana exports on Silk Fabrics were Togo ($1.07k), South Africa ($159), Norway ($158), Netherlands ($126), and Portugal ($32).

In 2022, Ghana imported $49.1k in Silk Fabrics, mainly from South Korea ($28k), China ($15.4k), Italy ($3.25k), South Africa ($2.4k), and Turkey ($19).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Togo$1.07k (1%)
South Africa$159 (1%)
Norway$158 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Ghana WERE (2021 - 2022):
Sweden-$583 (-100%)
Portugal-$402 (-92.6%)
Canada-$76 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Ghana's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $465
TOP IMPORT POTENTIALChina+ $19.6k

Silk Fabrics’s highest export potential is United States. With an export gap of $465.   Silk Fabrics’s highest import potential is China with an import gap of $19.6k.

See methodology.

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