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Ghana Trade Summary

2007

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 2007

Overall Exports and Imports for Ghana 2007

Exports and imports of Ghana in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,534 million.
  • The total value of imports (CIF) was 7,278 million.
  • At the HS6 digit level, 1,434 products were exported to 134 countries and 4,232 products were imported from 165 countries.

Ghana top 5 Export and Import partners 2007

Top five countries to which Ghana exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Ghana exports to South Africa worth US$ 1,312 million, with a partner share of 37.13 percent.
  2. Ghana exports to Netherlands worth US$ 426 million, with a partner share of 12.05 percent.
  3. Ghana exports to Switzerland worth US$ 210 million, with a partner share of 5.95 percent.
  4. Ghana exports to United Kingdom worth US$ 210 million, with a partner share of 5.94 percent.
  5. Ghana exports to Burkina Faso worth US$ 163 million, with a partner share of 4.61 percent.

Top five countries from which Ghana imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Ghana imports from China worth US$ 806 million, with a partner share of 11.07 percent.
  2. Ghana imports from United States worth US$ 556 million, with a partner share of 7.64 percent.
  3. Ghana imports from Nigeria worth US$ 503 million, with a partner share of 6.90 percent.
  4. Ghana imports from Belgium worth US$ 431 million, with a partner share of 5.92 percent.
  5. Ghana imports from United Kingdom worth US$ 411 million, with a partner share of 5.65 percent.

Ghana Top 5 Productsexports imports at HS 6 digit level 2007

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

  1. Ghana exported Gold in oth semi-manufactured forms,non-monetar , worth 1,458,654.82 (US$ Thousands).
  2. Ghana exported Cocoa beans, whole or broken, raw or roasted , worth 896,390.16 (US$ Thousands).
  3. Ghana exported Wood, nes sawn or chipped lengthwise, sliced or , worth 90,093.33 (US$ Thousands).
  4. Ghana exported Cocoa butter, fat and oil , worth 85,708.97 (US$ Thousands).
  5. Ghana exported Veneer sheets and sheets for plywood and other , worth 61,506.30 (US$ Thousands).

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 790,643.01 (US$ Thousands).
  2. Ghana imported Automobiles with reciprocating piston engine di , worth 380,069.05 (US$ Thousands).
  3. Ghana imported Cement clinkers , worth 209,263.93 (US$ Thousands).
  4. Ghana imported Diesel powered trucks with a GVW not exceeding , worth 190,810.29 (US$ Thousands).
  5. Ghana imported Broken rice , worth 124,897.93 (US$ Thousands).

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Ghana in 2007 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 13.03 percent.
  • The trade weighted average tariff was 8.96 .
  • The total duty free imports in thousands of US dollars were 1,790,085.84 and duty free tariff line items share was 13.20 percent.

Development Indicators 2007

Key Development Indicators of Ghana in 2007 are below

  • Ghana GDP in current US dollar was 24,827 million.
  • GNI per capita, Atlas method (current US$) was 770.00 .
  • Ghana Trade balance: as % of GDP was -16.30.
  • Trade balance in current US$ was -4,048.00 million.
  • Trade as percentage of GDP was 65.35 .
  • Trade in services as percentage of GDP was 15.43 .

Trade Indicators 2007

Trade Indicators for Ghana in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 2.39.
  • World Growth in percentage was 7.58 and Ghana Country Growth was 10.28 .