Indonesia was the largest exporter of animal fats and oils to Ghana in 2023.
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Indonesia recorded exports to Ghana totaling US$156.44 million as of December 2023. This represents a 13.47% decrease compared to the previous year's exports, which reached US$180.79 million.
Indonesia's trade record with Ghana shows an upward trend in exports over the past 10 years. The lowest export value was US$108.06 million, while the highest reached US$212.27 million.
Of the 97 products (two-digit HS codes) exported to Ghana, 35 were worth more than one billion dollars. Furthermore, according to Trademap data, 45 main Indonesian products are exported to Ghana annually. In other words, these products are the mainstay of Indonesian exports to Ghana. The remaining products are largely those also exported to other countries.
The following is a list of the top five products exported from Indonesia to Ghana, ordered by value from highest to lowest:
1. Animal, vegetable or microbial fats and oils and their fractions
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their fractions are grouped with Prepared edible fats. Exports of this product to Ghana ranked first, with Indonesia exporting US$65.56 million. This represents an increase compared to the previous period, which recorded US$56,096 thousand.
2. Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial
Second, Indonesia's largest export was Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial. Exports to Ghana in 2023 totaled US$25.41 million. This figure is lower than the previous period, which reached US$25,478 thousand.
3. Paper and Paperboard
Exports of Paper and Paperboard to Ghana were among the largest. In 2023, Indonesia recorded exports of US$21.94 million. Other countries in the top five export destinations include the United States, Germany, France, the United Kingdom, and Italy.
4. Nuclear reactors, boilers, machinery and mechanical appliances
Indonesia exported this product to a single country. Exports of Nuclear reactors, boilers, machinery and mechanical appliances to Ghana were the largest. In 2023, Indonesia recorded exports of US$10.64 million. Five other countries that are sources of Nuclear reactors, boilers, machinery and mechanical appliances exports are the United States, China, Germany, the United Kingdom, and Mexico.
5. Organic chemicals
Exports of Organic chemicals to Ghana are currently the largest. Indonesia exported US$6.56 million to this country. Other major export destinations for Organic chemicals include the United States, China, Germany, Belgium, and India.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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