2022
Exports
$370kWorld Rnk 59 / 109
Flag Rnk 224 / 885
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates
-0.15Rnk 597 / 1025
2022
Imports
$4.54MWorld Rnk 51 / 183
Flag Rnk 427 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $370k in Nitrites and Nitrates, making it the 59th largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 224th most exported product in Ghana. The main destination of Nitrites and Nitrates exports from Ghana are: Niger ($115k), Togo ($115k), Burkina Faso ($77.8k), Cote d'Ivoire ($57.6k), and Senegal ($4.67k).

The fastest growing export markets for Nitrites and Nitrates of Ghana between 2021 and 2022 were Togo ($114k), Niger ($67.7k), and Senegal ($4.67k).

Imports In 2022, Ghana imported $4.54M in Nitrites and Nitrates, becoming the 51st largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 427th most imported product in Ghana. Ghana imports Nitrites and Nitrates primarily from: South Africa ($2.95M), Malaysia ($714k), Belgium ($288k), Spain ($247k), and China ($162k).

The fastest growing import markets in Nitrites and Nitrates for Ghana between 2021 and 2022 were Malaysia ($511k), Spain ($211k), and Netherlands ($90.2k).

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 Nitrites and Nitrates. 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)$370k
IMPORTS (2022)$4.54M
NET TRADE (2022)-$4.17M

In 2022, Ghana exported $370k in Nitrites and Nitrates. The main destinations of Ghana exports on Nitrites and Nitrates were Niger ($115k), Togo ($115k), Burkina Faso ($77.8k), Cote d'Ivoire ($57.6k), and Senegal ($4.67k).

In 2022, Ghana imported $4.54M in Nitrites and Nitrates, mainly from South Africa ($2.95M), Malaysia ($714k), Belgium ($288k), Spain ($247k), and China ($162k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Togo$114k (12.4k%)
Niger$67.7k (143%)
Senegal$4.67k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites and Nitrates BY Ghana WERE (2021 - 2022):
Cote d'Ivoire-$131k (-69.5%)
Burkina Faso-$78.5k (-50.2%)
Nigeria-$58.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Nitrites and Nitrates were:
Chile $587M
China $269M
In 2022, Ghana's main importing competitors in Nitrites and Nitrates were:

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSenegal+ $3.11k
TOP IMPORT POTENTIALChina+ $159k

Nitrites and Nitrates’s highest export potential is Senegal. With an export gap of $3.11k.   Nitrites and Nitrates’s highest import potential is China with an import gap of $159k.

See methodology.

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