# Ghana to Austria HS 270900 new corridor signal

This page reviews a reported new-corridor signal for oils: petroleum oils and oils obtained from bituminous minerals, crude. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 100/100
- Reported period: 2024
- Buyer market imports: $1.8B
- Buyer market growth: +7.0%
- Current exporter share: 0.3%
- Share gap: 34.6%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $1.8B
- Three-year buyer-import projection: $1.9B
- Supplier countries observed: 19
- Average buyer imports: $2.2B
- Historical buyer-import peak: $6.6B
- Full-history buyer-import CAGR: +2.6%
- Latest buyer-import annual change: +7.0%

## Competition landscape

- Top supplier: Kazakhstan
- Top supplier share: 34.9%
- Market concentration: 2,354
- Exporter share: 0.3%
- Share gap to peer benchmark: 34.6%

## Access profile

- Applied tariff: 6.9%
- MFN tariff: 9.4%
- Preferential tariff: 5.6%
- Approximate distance: 5,004 km
- Trade agreement: Not reported
- Business entry time: 21 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $53.3K
- GDP per-person growth: -0.6%
- Population: 8,956k
- GDP: $477.1B
- GDP five-year CAGR: +3.8%
- Investment rate: 25.1%
- Savings rate: 27.8%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $5.7M | +0.0% |

## Broader route context

Broader Ghana to Austria route exports provide route context only; they are not presented as HS 270900 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $16.8M | +0.0% |
| 1996 | $14.3M | -15.1% |
| 1997 | $9.7M | -31.7% |
| 1998 | $9.4M | -3.2% |
| 1999 | $12.0M | +27.6% |
| 2000 | $11.8M | -2.0% |
| 2001 | $14.7M | +24.7% |
| 2002 | $8.9M | -39.5% |
| 2003 | $3.4M | -62.3% |
| 2004 | $6.8M | +100.8% |
| 2005 | $5.3M | -21.0% |
| 2006 | $4.4M | -18.2% |
| 2007 | $1.5M | -64.9% |
| 2008 | $2.3M | +49.0% |
| 2009 | $6.5M | +182.8% |
| 2010 | $4.2M | -35.3% |
| 2011 | $16.0M | +283.2% |
| 2012 | $13.9M | -13.0% |
| 2013 | $6.0M | -57.1% |
| 2014 | $13.1M | +119.2% |
| 2015 | $22.8M | +73.8% |
| 2016 | $15.0M | -33.9% |
| 2017 | $1.9M | -87.5% |
| 2018 | $5.4M | +187.3% |
| 2019 | $4.6M | -14.2% |
| 2020 | $3.2M | -30.7% |
| 2021 | $7.0M | +116.3% |
| 2022 | $3.3M | -52.7% |
| 2023 | $4.4M | +34.7% |
| 2024 | $9.4M | +112.0% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Ghana to China, Hong Kong SAR | HS 710239 | New corridor | $6.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gha-hkg-710239) |
| Ghana to Taiwan | HS 848690 | New corridor | $5.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gha-twn-848690) |
| Ghana to BGR | HS 270900 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gha-bgr-270900) |
| Ghana to Romania | HS 851712 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gha-rou-851712) |
| Ghana to Egypt | HS 120190 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gha-egy-120190) |
| Ghana to Indonesia + Timor-Leste | HS 851762 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gha-idn-851762) |
| Ghana to Taiwan | HS 880330 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gha-twn-880330) |
| Ghana to CHN | HS 901320 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gha-chn-901320) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.