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Ghana Trade Summary

2003

Ghana exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR GHANA 2003

Overall Exports and Imports for Ghana 2003

Exports and imports of Ghana in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,324 million.
  • The total value of imports (CIF) was 3,210 million.
  • At the HS6 digit level, 1,280 products were exported to 139 countries and 4,177 products were imported from 179 countries.

Ghana top 5 Export and Import partners 2003

Top five countries to which Ghana exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Ghana exports to Switzerland worth US$ 588 million, with a partner share of 25.29 percent.
  2. Ghana exports to United Kingdom worth US$ 465 million, with a partner share of 19.99 percent.
  3. Ghana exports to Netherlands worth US$ 274 million, with a partner share of 11.79 percent.
  4. Ghana exports to Belgium worth US$ 114 million, with a partner share of 4.90 percent.
  5. Ghana exports to Germany worth US$ 113 million, with a partner share of 4.88 percent.

Top five countries from which Ghana imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Ghana imports from Nigeria worth US$ 600 million, with a partner share of 18.68 percent.
  2. Ghana imports from United States worth US$ 226 million, with a partner share of 7.04 percent.
  3. Ghana imports from United Kingdom worth US$ 219 million, with a partner share of 6.82 percent.
  4. Ghana imports from Germany worth US$ 219 million, with a partner share of 6.82 percent.
  5. Ghana imports from China worth US$ 180 million, with a partner share of 5.60 percent.

Ghana Top 5 Productsexports imports at HS 6 digit level 2003

The top five exported HS 6 digit level products to world by Ghana along with trade value are:

  1. Ghana exported Cocoa beans, whole or broken, raw or roasted , worth US$ 676,090.00 million.
  2. Ghana exported Prepared or preserved tuna, skipjack and bonito , worth US$ 99,982.57 million.
  3. Ghana exported Wood, nes sawn or chipped lengthwise, sliced or , worth US$ 87,557.46 million.
  4. Ghana exported Cotton, carded or combed , worth US$ 33,560.32 million.
  5. Ghana exported Pineapples, fresh or dried , worth US$ 33,402.58 million.

The top five imported HS 6 digit level products from world by Ghana along with trade value are

  1. Ghana imported Petroleum oils and oils obtained from bituminou , worth US$ 576,465.43 million.
  2. Ghana imported Automobiles with reciprocating piston engine di , worth US$ 171,494.39 million.
  3. Ghana imported Broken rice , worth US$ 100,709.79 million.
  4. Ghana imported Diesel powered trucks with a GVW exc five tonne , worth US$ 51,513.95 million.
  5. Ghana imported Cane or beet sugar, containing added flavouring , worth US$ 45,156.38 million.

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Ghana in 2003 are below

  • The maximum rate of tariff in percentage on any product was 233.14 percent.
  • The simple average tariff across all products was 12.52 percent.
  • The trade weighted average tariff was 9.05 .
  • The total duty free imports in thousands of US dollars were 958,219.31 and duty free tariff line items share was 14.20 percent.

Development Indicators 2003

Key Development Indicators of Ghana in 2003 are below

  • Ghana GDP in current US dollar was 7,633 million.
  • GNI per capita, Atlas method (current US$) was 310.00 .
  • Ghana Trade balance: as % of GDP was -15.93.
  • Trade balance in current US$ was -1,216.00 million.
  • Trade as percentage of GDP was 97.29 .
  • Trade in services as percentage of GDP was 20.33 .

Trade Indicators 2003

Trade Indicators for Ghana in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 2.33.
  • World Growth in percentage was 8.09 and Ghana Country Growth was 6.73 .