2022
Exports | Imports
$29.5M | $1.94MWorld Rnk 32 / 139
Flag Rnk 26 / 885
World Rnk 101 / 200
Flag Rnk 543 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.35Rnk 115 / 124
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 957 / 1025

About

Exports In 2022, Ghana exported $29.5M in Soybeans, making it the 32nd largest exporter of Soybeans in the world. At the same year, Soybeans was the 26th most exported product in Ghana. The main destination of Soybeans exports from Ghana are: United States ($15.3M), Turkey ($7.13M), India ($4.48M), Canada ($1.27M), and Togo ($791k).

The fastest growing export markets for Soybeans of Ghana between 2021 and 2022 were United States ($7.89M), Canada ($1.27M), and Togo ($752k).

Imports In 2022, Ghana imported $1.94M in Soybeans, becoming the 101st largest importer of Soybeans in the world. At the same year, Soybeans was the 543rd most imported product in Ghana. Ghana imports Soybeans primarily from: Burkina Faso ($1.37M), Togo ($461k), United States ($107k), Belgium ($821), and Netherlands ($232).

The fastest growing import markets in Soybeans for Ghana between 2021 and 2022 were Burkina Faso ($378k), Togo ($283k), and Belgium ($821).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soybeans from Ghana to the United States.

Latest Trends

Feb 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 Soybeans. 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)$29.5M
IMPORTS (2022)$1.94M
NET TRADE (2022)$27.6M

In 2022, Ghana exported $29.5M in Soybeans. The main destinations of Ghana exports on Soybeans were United States ($15.3M), Turkey ($7.13M), India ($4.48M), Canada ($1.27M), and Togo ($791k).

In 2022, Ghana imported $1.94M in Soybeans, mainly from Burkina Faso ($1.37M), Togo ($461k), United States ($107k), Belgium ($821), and Netherlands ($232).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
United States$7.89M (107%)
Canada$1.27M (1%)
Togo$752k (1.97k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Ghana WERE (2021 - 2022):
India-$4.42M (-49.6%)
Turkey-$2.37M (-24.9%)
Vietnam-$286k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Soybeans were:
In 2022, Ghana's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

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