Margarine imports in Ghana: data, top suppliers and prices
Ghana imported $51.5 million of margarine in 2024 (38.6 thousand tonnes). Its share of world imports was 1%. Value rose 24% on 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $51.5M | 38.6K t |
| 2023 | $41.6M | 35.8K t |
| 2022 | $57.4M | 37.1K t |
| 2021 | $62.0M | 57.1K t |
| 2020 | $47.5M | 48.3K t |
| 2019 | $44.6M | 48.3K t |
| 2018 | $55.0M | 45.6K t |
| 2017 | $44.6M | 43.2K t |
Where Ghana imports margarine from
Netherlands alone supplied 61% of it. Among the main suppliers, Netherlands grew fastest (+94% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Netherlands | $31.3M | 61% |
| Indonesia | $17.8M | 34% |
| Malaysia | $934K | 1.8% |
| Cote d'Ivoire | $839K | 1.6% |
| Singapore | $154K | 0.3% |
| France | $152K | 0.3% |
| Turkey | $133K | 0.3% |
| Belgium | $75K | 0.2% |
| Sri Lanka | $55K | 0.1% |
| Brazil | $52K | 0.1% |
Product types under HS 1517
| 1517.10 | Margarine (solid) | 82% |
| 1517.90 | Edible fat blends and spreads | 18% |
Codes and full descriptions: HS heading 1517.
Average import price per kg
The average declared value was about $1.34 per kg, 20% below the world average of $1.68, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Margarine exports from Ghana
Exports of margarine by Ghana reached $10.2 million in 2024 (4.4 thousand tonnes). One buyer market dominates: Nigeria accounted for 54% of the value. Among the main buyer markets, Nigeria grew fastest (+85% on the year before).
| Destination | Value | Share |
|---|---|---|
| Nigeria | $5.5M | 54% |
| Cote d'Ivoire | $4.4M | 43% |
| Niger | $91K | 0.9% |
| Togo | $79K | 0.8% |
| Burkina Faso | $29K | 0.3% |
| Gambia | $16K | 0.2% |
| Canada | $11K | 0.1% |
| Finland | $7K | 0.1% |
| United States | $5K | 0% |
| Kenya | $1K | 0% |
Who is behind these numbers in Ghana?
The shipment records behind Ghana margarine imports (HS 1517): 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 1517: Margarine; edible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats and oils or their fractions of heading 15.16.
Common questions
What is the value of margarine imported by Ghana?
Ghana imported margarine worth $51.5 million in 2024, the latest year with complete public data, about 38.6 thousand tonnes. That ranks it 46th of 223 countries worldwide, with 1% of world imports. The value was up 24% on 2023.
Which countries supply margarine to Ghana?
The Netherlands was the largest supplier with 61% of the value ($31.3 million), followed by Indonesia (34%) and Malaysia (2%). The top three together account for 97%, out of 18 supplier countries in total. Brazil grew fastest among the top ten, up 141% on the year.
What is the average import price of margarine per kg?
The average declared import value was about $1.34 per kg in 2024, 20% below the world average of $1.68 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of margarine to Ghana changed since 2017?
Imports went from $44.6 million in 2017 to $51.5 million in 2024, an increase of 15%. The peak was 2021 at $62.0 million. Over 8 years the average was $50.5 million a year.
Does Ghana also export margarine?
Yes. Ghana exported $10.2 million worth of this product in 2024, mainly to Nigeria, Cote d'Ivoire and Niger. On balance Ghana is a net importer of this product, by about $41.3 million a year.
What is the HS code for margarine?
The HS code for margarine is heading 1517. In Ghana the largest six-digit codes were 1517.10 (82% of the value) and 1517.90 (18%).
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
Margarine product types in Ghana
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