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Exports In 2022, Ghana exported $2.02M in Stearic Acid, making it the 75th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 119th most exported product in Ghana. The main destination of Stearic Acid exports from Ghana are: Nigeria ($1.17M), Senegal ($588k), Netherlands ($209k), Portugal ($22k), and Benin ($21k).

The fastest growing export markets for Stearic Acid of Ghana between 2021 and 2022 were Senegal ($277k), Netherlands ($209k), and Portugal ($22k).

Imports In 2022, Ghana imported $2.59M in Stearic Acid, becoming the 97th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 493rd most imported product in Ghana. Ghana imports Stearic Acid primarily from: India ($871k), Cote d'Ivoire ($691k), Malaysia ($543k), China ($216k), and Portugal ($76.6k).

The fastest growing import markets in Stearic Acid for Ghana between 2021 and 2022 were Cote d'Ivoire ($691k), India ($602k), and Malaysia ($461k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.02M
IMPORTS (2022)$2.59M
NET TRADE (2022)-$563k

In 2022, Ghana exported $2.02M in Stearic Acid. The main destinations of Ghana exports on Stearic Acid were Nigeria ($1.17M), Senegal ($588k), Netherlands ($209k), Portugal ($22k), and Benin ($21k).

In 2022, Ghana imported $2.59M in Stearic Acid, mainly from India ($871k), Cote d'Ivoire ($691k), Malaysia ($543k), China ($216k), and Portugal ($76.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Senegal$277k (88.8%)
Netherlands$209k (92.1k%)
Portugal$22k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY Ghana WERE (2021 - 2022):
Nigeria-$1.25M (-51.6%)
Togo-$226k (-100%)
Canada-$3.97k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Stearic Acid by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Stearic Acid’s highest export potential is N/A. With an export gap of N/A.   Stearic Acid’s highest import potential is N/A with an import gap of N/A.

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