2022
Exports
$3.06MWorld Rnk 64 / 175
Flag Rnk 101 / 885
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2022
Imports
$38.2MWorld Rnk 23 / 223
Flag Rnk 115 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $3.06M in Soups and Broths, making it the 64th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 101st most exported product in Ghana. The main destination of Soups and Broths exports from Ghana are: Togo ($1.87M), United Kingdom ($457k), Netherlands ($276k), Senegal ($204k), and United States ($60k).

The fastest growing export markets for Soups and Broths of Ghana between 2021 and 2022 were Togo ($777k), Senegal ($204k), and Netherlands ($100k).

Imports In 2022, Ghana imported $38.2M in Soups and Broths, becoming the 23rd largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 115th most imported product in Ghana. Ghana imports Soups and Broths primarily from: Cote d'Ivoire ($11.2M), United Kingdom ($9.45M), Spain ($8.82M), Nigeria ($5.06M), and France ($1.96M).

The fastest growing import markets in Soups and Broths for Ghana between 2021 and 2022 were United Kingdom ($2.98M), Spain ($2.37M), and Nigeria ($2.37M).

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 Soups and Broths. 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)$3.06M
IMPORTS (2022)$38.2M
NET TRADE (2022)-$35.1M

In 2022, Ghana exported $3.06M in Soups and Broths. The main destinations of Ghana exports on Soups and Broths were Togo ($1.87M), United Kingdom ($457k), Netherlands ($276k), Senegal ($204k), and United States ($60k).

In 2022, Ghana imported $38.2M in Soups and Broths, mainly from Cote d'Ivoire ($11.2M), United Kingdom ($9.45M), Spain ($8.82M), Nigeria ($5.06M), and France ($1.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Togo$777k (71.5%)
Senegal$204k (1%)
Netherlands$100k (57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Ghana WERE (2021 - 2022):
United Kingdom-$177k (-27.9%)
Cote d'Ivoire-$120k (-94.6%)
Benin-$38.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Soups and Broths were:
In 2022, Ghana's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $146k
TOP IMPORT POTENTIALSenegal+ $488k

Soups and Broths’s highest export potential is United States. With an export gap of $146k.   Soups and Broths’s highest import potential is Senegal with an import gap of $488k.

See methodology.

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