2022
Exports
$357kWorld Rnk 103 / 194
Flag Rnk 229 / 885
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$4.32MWorld Rnk 78 / 223
Flag Rnk 433 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $357k in Spices, making it the 103rd largest exporter of Spices in the world. At the same year, Spices was the 229th most exported product in Ghana. The main destination of Spices exports from Ghana are: United Kingdom ($135k), United States ($90.4k), Canada ($44.3k), Vietnam ($23.4k), and Netherlands ($15.3k).

The fastest growing export markets for Spices of Ghana between 2021 and 2022 were Vietnam ($23.4k), Canada ($13.1k), and Togo ($5.03k).

Imports In 2022, Ghana imported $4.32M in Spices, becoming the 78th largest importer of Spices in the world. At the same year, Spices was the 433rd most imported product in Ghana. Ghana imports Spices primarily from: United States ($1.79M), India ($1.33M), United Arab Emirates ($388k), United Kingdom ($307k), and Sri Lanka ($211k).

The fastest growing import markets in Spices for Ghana between 2021 and 2022 were India ($799k), United States ($565k), and Sri Lanka ($211k).

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 Spices. 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)$357k
IMPORTS (2022)$4.32M
NET TRADE (2022)-$3.97M

In 2022, Ghana exported $357k in Spices. The main destinations of Ghana exports on Spices were United Kingdom ($135k), United States ($90.4k), Canada ($44.3k), Vietnam ($23.4k), and Netherlands ($15.3k).

In 2022, Ghana imported $4.32M in Spices, mainly from United States ($1.79M), India ($1.33M), United Arab Emirates ($388k), United Kingdom ($307k), and Sri Lanka ($211k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Vietnam$23.4k (1%)
Canada$13.1k (41.8%)
Togo$5.03k (11.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Ghana WERE (2021 - 2022):
United States-$205k (-69.4%)
United Kingdom-$92.4k (-40.6%)
Netherlands-$34.5k (-69.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $155k
TOP IMPORT POTENTIALIndia+ $495k

Spices’s highest export potential is United States. With an export gap of $155k.   Spices’s highest import potential is India with an import gap of $495k.

See methodology.

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