Soybeans exports from Ghana: data, top buyers and prices
In 2024, Ghana exported soybeans worth $54.7 million (87.7 thousand tonnes). Value fell 30% from 2023. Over 2017-2024 the trade grew strongly, by about 75% a year on average. The peak in this period was 2023, at $78.4 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $54.7M | 87.7K t |
| 2023 | $78.4M | 115.3K t |
| 2022 | $39.3M | 43.1K t |
| 2021 | $30.8M | 51.4K t |
| 2020 | $7.3M | 13.5K t |
| 2019 | $13.3M | 18.2K t |
| 2018 | $1.9M | 3.7K t |
| 2017 | $1.1M | 2.9K t |
Where Ghana exports soybeans to
Most of it went to Pakistan (47%), United States (27%), Canada (24%). Among the main buyer markets, Pakistan grew fastest (+473% on the year before).
| Destination | Value | Share |
|---|---|---|
| Pakistan | $25.8M | 47% |
| United States | $14.7M | 27% |
| Canada | $13.1M | 24% |
| Turkey | $1.1M | 2.1% |
| Netherlands | $0K | 0% |
| Belgium | $0K | 0% |
| Denmark | $0K | 0% |
| Ireland | $0K | 0% |
| India | $0K | 0% |
| Egypt | $0K | 0% |
Product types under HS 1201
| 1201.90 | Soya beans: other than seed, whether or not broken | 100% |
| 1201.10 | Soybean seeds | 0% |
Codes and full descriptions: HS heading 1201.
Average export price per kg
The average declared value was about $0.62 per kg, 32% above the world average of $0.47. 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.
Soybeans imports to Ghana
In 2024, Ghana imported soybeans worth $596 thousand (3.0 thousand tonnes). Burkina Faso alone supplied 94% of it.
| Supplier country | Value | Share |
|---|---|---|
| Burkina Faso | $561K | 94% |
| Togo | $35K | 5.9% |
| Netherlands | $0K | 0% |
| India | $0K | 0% |
Who is behind these numbers in Ghana?
The shipment records behind Ghana soybeans exports (HS 1201): 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 1201: Soya beans, whether or not broken.
Common questions
What is the value of soybeans exported by Ghana?
Ghana exported soybeans worth $54.7 million in 2024, the latest year with complete public data, about 87.7 thousand tonnes. That ranks it 27th of 140 countries worldwide, with 0% of world exports. The value was down 30% on 2023.
Which countries buy soybeans from Ghana?
Pakistan was the largest buyer with 47% of the value ($25.8 million), followed by the United States (27%) and Canada (24%). The top three together account for 98%, out of 11 buyer countries in total. Denmark grew fastest among the top ten, up 500% on the year.
What is the average export price of soybeans per kg?
The average declared export value was about $0.62 per kg in 2024, 32% above the world average of $0.47 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of soybeans from Ghana changed since 2017?
Exports went from $1.1 million in 2017 to $54.7 million in 2024. The peak was 2023 at $78.4 million. Over 8 years the average was $28.4 million a year.
Does Ghana also import soybeans?
Yes. Ghana imported $596 thousand worth of this product in 2024, mainly from Burkina Faso, Togo and the Netherlands. On balance Ghana is a net exporter of this product, by about $54.1 million a year.
What is the HS code for soybeans?
The HS code for soybeans is heading 1201. In Ghana all of this trade was declared under the six-digit code 1201.90. It sits in HS chapter 12 (oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit, industrial or medicinal plants; straw and fodder). The full list of codes and descriptions is on the HS 1201 page.
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.
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