Market research

Coconuts, Brazil nuts and cashews market in Ghana

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

Ghana's market for coconuts, Brazil nuts and cashews displayed considerable volatility from 2018 to 2023, with the overall volume expanding by 26.6%. The market started at 294.7 thousand tonnes in 2018, contracted to 259.5 thousand tonnes the following year, then surged by 32% to 341.4 thousand tonnes in 2020.

After a decline to 295.8 thousand tonnes in 2021, the market entered a period of sustained growth, climbing to 367.3 thousand tonnes in 2022 and reaching 373.2 thousand tonnes in 2023. This increase was underpinned by a steady rise in domestic production, which grew from 576.5 thousand tonnes to 731.8 thousand tonnes over the same period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Ghana
  1. 5.1.1. Annual dynamics of production in Ghana in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Ghana in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Ghana in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Ghana by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Ghana, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Ghana by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Ghana in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Ghana by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Ghana, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Ghana by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Ghana in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Ghana by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Ghana, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Ghana by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Ghana in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Ghana by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Ghana, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Ghana by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coconuts, Brazil nuts and cashews in Ghana

In kind, 2017-2020, K t

Between 2017 and 2020, Ghana ranked 13th globally in the production of coconuts, Brazil nuts, and cashews.

Top producers of coconuts, Brazil nuts and cashews, 2017-2020

Source: SHEV.io

World map of production of coconuts, Brazil nuts and cashews, 2017-2020

Source: SHEV.io

In 2020, Ghana produced 622.4 K t of coconuts, Brazil nuts, and cashews, representing a 9.1% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 13%, which translates to an annualized rate of 4.2%. The most significant drop occurred in 2019, with a decline of 1.0%.

Annual dynamics of production in Ghana in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.7%	(1.0%)	9.1%	4.2%

Source: SHEV.io

Exports coconuts, Brazil nuts and cashews from Ghana

Exports in kind, K t

Following two consecutive years of growth, Ghana's exports of coconuts, Brazil nuts, and cashews decreased in 2020. That year, exports totaled 307.0 K t, down 1.4% from 2019. From 2017 to 2020, exports rose by 23%, corresponding to an annualized growth rate of 7.2%. The peak was reached in 2019 at 311.3 K t, while the largest increase of 13.0% was recorded in 2018.

Annual dynamics of product's exports from Ghana in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.0%	10.4%	(1.4%)	7.2%

Source: SHEV.io

From 2017 to 2020, Ghana's exports of coconuts, Brazil nuts, and cashews were primarily directed toward India and Vietnam. Together, these two countries accounted for 85.7% of total export volumes, with other destinations playing a minor role.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Ghana in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

In 2020, Ghana's export value for coconuts, Brazil nuts, and cashews reached 368.8 M $ US, reflecting a substantial increase of 49.9% compared to 2019. Over the 2017–2020 period, exports grew by 23.7%, with a compound annual growth rate (CAGR) of 7.3%. The lowest value was recorded in 2019 at 246.1 M $ US, while the highest was in 2018 at 460.2 M $ US. The most significant decline occurred in 2019, dropping by 46.5%, whereas the largest increase of 54.4% was observed in 2018.

Annual dynamics of product's exports from Ghana in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	54.4%	(46.5%)	49.9%	7.3%

Source: SHEV.io

Between 2017 and 2020, Vietnam and India were the leading buyers of coconuts, Brazil nuts, and cashews from Ghana in value terms, together comprising 90.5% of total exports. Other trading partners contributed only marginally.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Ghana in value, 2017-2020

Source: SHEV.io

Imports coconuts, Brazil nuts and cashews to Ghana

Imports in kind, K t

The market displayed an unstable trend throughout the period. Imports reached their lowest point in 2019 and peaked in 2020, with a 2 148-fold difference between these years. In 2020, Ghana imported 25.9 K t of coconuts, Brazil nuts, and cashews, which represents an increase of 214 687.0% compared to the previous year. The minimum value was recorded in 2019 at 0.0 K t, and the largest decline of 75.6% also occurred in 2019.

Annual dynamics of product's imports to Ghana in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.4%	(75.6%)	214 687.0%	719.9%

Source: SHEV.io

From 2017 to 2020, Burkina Faso dominated Ghana's imports of coconuts, Brazil nuts, and cashews in volume, accounting for 83.6% of the total. The remaining imports were spread across a diverse group of smaller countries.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Ghana in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

The market experienced volatility during the observed period. Import values fell to a minimum in 2019 and rose to a maximum in 2020, showing an 810-fold variation. In 2020, Ghana's import value for coconuts, Brazil nuts, and cashews amounted to 18.2 M $ US, marking a sharp rise of 80 879.9% compared to 2019. The lowest value was recorded in 2019 at 0.0 M $ US, and the most significant decline of 90.2% also took place in that year.

Annual dynamics of product's imports to Ghana in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	621.9%	(90.2%)	80 879.9%	729.6%

Source: SHEV.io

Between 2017 and 2020, Burkina Faso was the primary source for Ghana's imports of coconuts, Brazil nuts, and cashews in value terms, representing 85.9% of the total. Other origins played a much less significant role.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Ghana in value, 2017-2020

Source: SHEV.io