2022
Exports
$53.7kWorld Rnk 107 / 145
Flag Rnk 406 / 885
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$891kWorld Rnk 113 / 209
Flag Rnk 651 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $53.7k in Synthetic Rubber, making it the 107th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 406th most exported product in Ghana. The main destination of Synthetic Rubber exports from Ghana are: Togo ($24.5k), Benin ($23.7k), Burkina Faso ($5.5k), Turkey ($19), and Singapore ($3).

The fastest growing export markets for Synthetic Rubber of Ghana between 2021 and 2022 were Togo ($24.5k), Benin ($19.7k), and Burkina Faso ($5.5k).

Imports In 2022, Ghana imported $891k in Synthetic Rubber, becoming the 113th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 651st most imported product in Ghana. Ghana imports Synthetic Rubber primarily from: Germany ($517k), India ($154k), United Arab Emirates ($95.5k), Italy ($29k), and United States ($27.7k).

The fastest growing import markets in Synthetic Rubber for Ghana between 2021 and 2022 were Germany ($286k), United Arab Emirates ($58k), and Singapore ($20.7k).

Latest Trends

Oct 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 Synthetic Rubber. 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)$53.7k
IMPORTS (2022)$891k
NET TRADE (2022)-$838k

In 2022, Ghana exported $53.7k in Synthetic Rubber. The main destinations of Ghana exports on Synthetic Rubber were Togo ($24.5k), Benin ($23.7k), Burkina Faso ($5.5k), Turkey ($19), and Singapore ($3).

In 2022, Ghana imported $891k in Synthetic Rubber, mainly from Germany ($517k), India ($154k), United Arab Emirates ($95.5k), Italy ($29k), and United States ($27.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Togo$24.5k (1%)
Benin$19.7k (503%)
Burkina Faso$5.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Ghana WERE (2021 - 2022):
Canada-$571k (-100%)
Cote d'Ivoire-$44.2k (-100%)
Netherlands-$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 Synthetic Rubber were:
In 2022, Ghana's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.03k
TOP IMPORT POTENTIALGermany+ $199k

Synthetic Rubber’s highest export potential is China. With an export gap of $2.03k.   Synthetic Rubber’s highest import potential is Germany with an import gap of $199k.

See methodology.

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