Coconut and palm kernel oil exports from Ghana: data, top buyers and prices
In 2024, Ghana exported coconut and palm kernel oil worth $5.1 million (3.6 thousand tonnes). Value fell 13% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $11.5 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $5.1M | 3.6K t |
| 2023 | $5.8M | 6.6K t |
| 2022 | $11.5M | 6.4K t |
| 2021 | $9.2M | 5.5K t |
| 2020 | $4.6M | 4.9K t |
| 2019 | $3.0M | 3.7K t |
| 2018 | $3.6M | 4.5K t |
| 2017 | $4.3M | 3.6K t |
Where Ghana exports coconut and palm kernel oil to
One buyer market dominates: Germany accounted for 50% of the value. Among the main buyer markets, Germany grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Germany | $2.6M | 50% |
| India | $707K | 14% |
| United States | $410K | 8.1% |
| Uganda | $354K | 7% |
| Canada | $331K | 6.5% |
| Morocco | $283K | 5.6% |
| Switzerland | $131K | 2.6% |
| Netherlands | $117K | 2.3% |
| United Kingdom | $69K | 1.4% |
| Italy | $45K | 0.9% |
Product types under HS 1513
| 1513.21 | Crude palm kernel or babassu oil | 76% |
| 1513.29 | Refined palm kernel or babassu oil | 11% |
| 1513.11 | Crude coconut oil | 6.9% |
| 1513.19 | Refined coconut oil | 6.3% |
Codes and full descriptions: HS heading 1513.
Average export price per kg
The average declared value was about $1.41 per kg, close to the world average of $1.40.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Coconut and palm kernel oil imports to Ghana
Imports of coconut and palm kernel oil by Ghana reached $1.8 million in 2024 (1.2 thousand tonnes). Malaysia alone supplied 90% of it. Among the main suppliers, Indonesia grew fastest (+295% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Malaysia | $1.7M | 90% |
| Indonesia | $184K | 10% |
| India | $2K | 0.1% |
| Cote d'Ivoire | $1K | 0.1% |
| Belgium | $0K | 0% |
| South Africa | $0K | 0% |
Who is behind these numbers in Ghana?
The shipment records behind Ghana coconut and palm kernel oil exports (HS 1513): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1513: Coconut (copra), palm kernel or babassu oil and their fractions; whether or not refined but not chemically modified.
Common questions
What is the value of coconut and palm kernel oil exported by Ghana?
Ghana exported coconut and palm kernel oil worth $5.1 million in 2024, the latest year with complete public data, about 3.6 thousand tonnes. That ranks it 37th of 152 countries worldwide, with 0% of world exports. The value was down 13% on 2023.
Which countries buy coconut and palm kernel oil from Ghana?
Germany was the largest buyer with 50% of the value ($2.6 million), followed by India (14%) and the United States (8%). The top three together account for 72%, out of 30 buyer countries in total. Canada grew fastest among the top ten, up 298% on the year.
What is the average export price of coconut and palm kernel oil per kg?
The average declared export value was about $1.41 per kg in 2024, close to the world average of $1.40 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of coconut and palm kernel oil from Ghana changed since 2017?
Exports went from $4.3 million in 2017 to $5.1 million in 2024, an increase of 19%. The peak was 2022 at $11.5 million. Over 8 years the average was $5.9 million a year.
Does Ghana also import coconut and palm kernel oil?
Yes. Ghana imported $1.8 million worth of this product in 2024, mainly from Malaysia, Indonesia and India. On balance Ghana is a net exporter of this product, by about $3.2 million a year.
What is the HS code for coconut and palm kernel oil?
The HS code for coconut and palm kernel oil is heading 1513. In Ghana the largest six-digit codes were 1513.21 (76% of the value) and 1513.29 (11%).
How can I find the companies behind this trade?
EximDataX has a direct customs feed for Ghana, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
Same product, other countries
World coconut and palm kernel oil trade: top importers and exporters
Coconut and palm kernel oil product types in Ghana
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