Hydrogenated vegetable oil imports in Ghana: data, top suppliers and prices
In 2024, Ghana imported hydrogenated vegetable oil worth $2.1 million (1.3 thousand tonnes). That is 42% less than in 2023. Over 2017-2024 it shrank by about 13% a year on average. The peak in this period was 2020, at $12.0 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.1M | 1.3K t |
| 2023 | $3.7M | 2.1K t |
| 2022 | $3.5M | 1.5K t |
| 2021 | $4.6M | 4.0K t |
| 2020 | $12.0M | 18.5K t |
| 2019 | $2.9M | 3.5K t |
| 2018 | $4.5M | 3.4K t |
| 2017 | $5.6M | 7.0K t |
Where Ghana imports hydrogenated vegetable oil from
One supplier dominates: Turkey accounted for 87% of the value. Among the main suppliers, Sweden grew fastest (+88% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Turkey | $1.9M | 87% |
| Sweden | $128K | 6% |
| Belgium | $36K | 1.7% |
| Malaysia | $33K | 1.5% |
| Philippines | $28K | 1.3% |
| United States | $25K | 1.2% |
| India | $12K | 0.6% |
| South Africa | $7K | 0.3% |
| Denmark | $6K | 0.3% |
| Lebanon | $5K | 0.2% |
Average import price per kg
The average declared value was about $1.63 per kg, close to the world average of $1.58.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Hydrogenated vegetable oil exports from Ghana
In 2024, Ghana exported hydrogenated vegetable oil worth $327 thousand (99 tonnes). The largest buyer markets were Nigeria (29%), South Korea (24%), Spain (22%). Among the main buyer markets, South Korea grew fastest (+100% on the year before).
| Destination | Value | Share |
|---|---|---|
| Nigeria | $95K | 29% |
| South Korea | $78K | 24% |
| Spain | $70K | 22% |
| Canada | $43K | 13% |
| Brazil | $20K | 6% |
| Chile | $11K | 3.4% |
| Tunisia | $7K | 2.3% |
| Barbados | $1K | 0.2% |
| Ukraine | $0K | 0.1% |
| Bosnia Herzegovina | $0K | 0.1% |
Who is behind these numbers in Ghana?
The shipment records behind Ghana hydrogenated vegetable oil imports (HS 1516): 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 1516: Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared.
Common questions
What is the value of hydrogenated vegetable oil imported by Ghana?
Ghana imported hydrogenated vegetable oil worth $2.1 million in 2024, the latest year with complete public data, about 1.3 thousand tonnes. That ranks it 114th of 215 countries worldwide, with 0% of world imports. The value was down 42% on 2023.
Which countries supply hydrogenated vegetable oil to Ghana?
Turkey was the largest supplier with 87% of the value ($1.9 million), followed by Sweden (6%) and Belgium (2%). The top three together account for 94%, out of 14 supplier countries in total. Lebanon grew fastest among the top ten, up 133% on the year.
What is the average import price of hydrogenated vegetable oil per kg?
The average declared import value was about $1.63 per kg in 2024, close to the world average of $1.58 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of hydrogenated vegetable oil to Ghana changed since 2017?
Imports went from $5.6 million in 2017 to $2.1 million in 2024, a fall of 62%. The peak was 2020 at $12.0 million. Over 8 years the average was $4.9 million a year.
Does Ghana also export hydrogenated vegetable oil?
Yes. Ghana exported $327 thousand worth of this product in 2024, mainly to Nigeria, South Korea and Spain. On balance Ghana is a net importer of this product, by about $1.8 million a year.
What is the HS code for hydrogenated vegetable oil?
The HS code for hydrogenated vegetable oil is heading 1516. In Ghana all of this trade was declared under the six-digit code 1516.20. It sits in HS chapter 15 (animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). The full list of codes and descriptions is on the HS 1516 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for Ghana. Tell us your product to see it live.
Same product, other countries
World hydrogenated vegetable oil trade: top importers and exporters
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