# Ghana to BGR 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: $2.8B
- Buyer market growth: -2.7%
- Current exporter share: 1.2%
- Share gap: 27.4%

## 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: $2.8B
- Three-year buyer-import projection: $3.3B
- Supplier countries observed: 33
- Average buyer imports: $1.8B
- Historical buyer-import peak: $4.4B
- Full-history buyer-import CAGR: +5.8%
- Latest buyer-import annual change: -2.7%

## Competition landscape

- Top supplier: Kazakhstan
- Top supplier share: 28.6%
- Market concentration: 1,943
- Exporter share: 1.2%
- Share gap to peer benchmark: 27.4%

## Access profile

- Applied tariff: 14.1%
- MFN tariff: 15.1%
- Preferential tariff: 13.5%
- Approximate distance: 4,738 km
- Trade agreement: Not reported
- Business entry time: 23 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $11.6K
- GDP per-person growth: +9.3%
- Population: 6,899k
- GDP: $80.3B
- GDP five-year CAGR: +10.6%
- Investment rate: 25.6%
- Savings rate: 23.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $34.9M | +0.0% |

## Broader route context

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

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $296.9K | +0.0% |
| 1996 | $273.4K | -7.9% |
| 1997 | $492.3K | +80.0% |
| 1998 | $257.1K | -47.8% |
| 1999 | $1.2M | +374.5% |
| 2000 | $422.2K | -65.4% |
| 2001 | $213.2K | -49.5% |
| 2002 | $88.5K | -58.5% |
| 2003 | $178.2K | +101.3% |
| 2004 | $576.0K | +223.3% |
| 2005 | $390.8K | -32.1% |
| 2006 | $267.6K | -31.5% |
| 2007 | $265.5K | -0.8% |
| 2008 | $897.8K | +238.2% |
| 2009 | $1.8M | +98.6% |
| 2010 | $3.6M | +99.7% |
| 2011 | $1.6M | -53.8% |
| 2012 | $764.2K | -53.5% |
| 2013 | $4.5M | +484.3% |
| 2014 | $21.3M | +376.4% |
| 2015 | $23.5M | +10.3% |
| 2016 | $22.1M | -6.0% |
| 2017 | $15.0M | -32.2% |
| 2018 | $5.1M | -65.6% |
| 2019 | $4.6M | -11.2% |
| 2020 | $4.0M | -11.9% |
| 2021 | $3.7M | -7.2% |
| 2022 | $6.2M | +64.6% |
| 2023 | $8.0M | +30.7% |
| 2024 | $47.1M | +485.5% |

## 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 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 Austria | HS 270900 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gha-aut-270900) |
| 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.