2022
Exports
$32.7kWorld Rnk 108 / 153
Flag Rnk 452 / 885
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.5Rnk 1019 / 1025
2022
Imports
$84.2kWorld Rnk 130 / 197
Flag Rnk 922 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $32.7k in Insect Resins, making it the 108th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 452nd most exported product in Ghana. The main destination of Insect Resins exports from Ghana are: India ($32.4k), Denmark ($190), France ($105), and Germany ($4).

The fastest growing export markets for Insect Resins of Ghana between 2021 and 2022 were India ($32.4k), Denmark ($190), and France ($105).

Imports In 2022, Ghana imported $84.2k in Insect Resins, becoming the 130th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 922nd most imported product in Ghana. Ghana imports Insect Resins primarily from: France ($21.4k), India ($17k), United States ($16k), United Arab Emirates ($14.7k), and Burkina Faso ($7.18k).

The fastest growing import markets in Insect Resins for Ghana between 2021 and 2022 were United States ($16k), United Arab Emirates ($14.7k), and Burkina Faso ($7.18k).

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 Insect Resins. 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)$32.7k
IMPORTS (2022)$84.2k
NET TRADE (2022)-$51.5k

In 2022, Ghana exported $32.7k in Insect Resins. The main destinations of Ghana exports on Insect Resins were India ($32.4k), Denmark ($190), France ($105), and Germany ($4).

In 2022, Ghana imported $84.2k in Insect Resins, mainly from France ($21.4k), India ($17k), United States ($16k), United Arab Emirates ($14.7k), and Burkina Faso ($7.18k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
India$32.4k (1%)
Denmark$190 (1%)
France$105 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Ghana WERE (2021 - 2022):
United Kingdom-$2.83k (-100%)
Belgium-$115 (-100%)
Bahrain-$85 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $51.4k
TOP IMPORT POTENTIALIndia+ $20.3k

Insect Resins’s highest export potential is India. With an export gap of $51.4k.   Insect Resins’s highest import potential is India with an import gap of $20.3k.

See methodology.

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