Soya bean oil imports in Ghana: data, top suppliers and prices
Ghana imported $2.9 million of soya bean oil in 2024 (2.1 thousand tonnes). That is 14% less than in 2023. Over 2017-2024 it shrank by about 9% a year on average. The peak in this period was 2022, at $7.8 million.
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 | $2.9M | 2.1K t |
| 2023 | $3.4M | 2.6K t |
| 2022 | $7.8M | 4.7K t |
| 2021 | $7.4M | 6.6K t |
| 2020 | $6.3M | 6.0K t |
| 2019 | $2.7M | 3.9K t |
| 2018 | $4.2M | 4.3K t |
| 2017 | $5.5M | 5.1K t |
Where Ghana imports soya bean oil from
Netherlands alone supplied 59% of it. Among the main suppliers, Thailand grew fastest (+813% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Netherlands | $1.7M | 60% |
| Togo | $714K | 24% |
| Spain | $195K | 6.7% |
| Thailand | $139K | 4.7% |
| Brazil | $53K | 1.8% |
| India | $48K | 1.6% |
| Ukraine | $38K | 1.3% |
| Lebanon | $1K | 0% |
| South Korea | $0K | 0% |
Product types under HS 1507
| 1507.90 | Refined soybean oil | 76% |
| 1507.10 | Crude soybean oil | 24% |
Codes and full descriptions: HS heading 1507.
Average import price per kg
The average declared value was about $1.41 per kg, 41% above the world average of $1.00. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Ghana?
The shipment records behind Ghana soya bean oil imports (HS 1507): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
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 1507: Soya-bean oil and its fractions; whether or not refined, but not chemically modified.
Common questions
What is the value of soya bean oil imported by Ghana?
Ghana imported soya bean oil worth $2.9 million in 2024, the latest year with complete public data, about 2.1 thousand tonnes. That ranks it 112th of 211 countries worldwide, with 0% of world imports. The value was down 14% on 2023.
Which countries supply soya bean oil to Ghana?
The Netherlands was the largest supplier with 59% of the value ($1.7 million), followed by Togo (24%) and Spain (7%). The top three together account for 90%, out of 9 supplier countries in total. Thailand grew fastest among the top ten, up 813% on the year.
What is the average import price of soya bean oil per kg?
The average declared import value was about $1.41 per kg in 2024, 41% above the world average of $1.00 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of soya bean oil to Ghana changed since 2017?
Imports went from $5.5 million in 2017 to $2.9 million in 2024, a fall of 46%. The peak was 2022 at $7.8 million. Over 8 years the average was $5.0 million a year.
What is the HS code for soya bean oil?
The HS code for soya bean oil is heading 1507. In Ghana the largest six-digit codes were 1507.90 (76% of the value) and 1507.10 (24%).
How can I find the companies behind this trade?
Shipment-level records for Ghana reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
Soya bean oil product types in Ghana
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