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Ghana Trade Summary

2008

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 2008

Overall Exports and Imports for Ghana 2008

Exports and imports of Ghana in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,033 million.
  • The total value of imports (CIF) was 9,058 million.
  • At the HS6 digit level, 1,523 products were exported to 144 countries and 4,219 products were imported from 165 countries.

Ghana top 5 Export and Import partners 2008

Top five countries to which Ghana exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Ghana exports to South Africa worth US$ 1,774 million, with a partner share of 44.00 percent.
  2. Ghana exports to Netherlands worth US$ 474 million, with a partner share of 11.75 percent.
  3. Ghana exports to India worth US$ 215 million, with a partner share of 5.33 percent.
  4. Ghana exports to United Kingdom worth US$ 149 million, with a partner share of 3.69 percent.
  5. Ghana exports to Malaysia worth US$ 128 million, with a partner share of 3.16 percent.

Top five countries from which Ghana imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Ghana imports from China worth US$ 1,061 million, with a partner share of 11.71 percent.
  2. Ghana imports from Nigeria worth US$ 791 million, with a partner share of 8.73 percent.
  3. Ghana imports from United States worth US$ 693 million, with a partner share of 7.66 percent.
  4. Ghana imports from Belgium worth US$ 455 million, with a partner share of 5.02 percent.
  5. Ghana imports from United Kingdom worth US$ 393 million, with a partner share of 4.34 percent.

Ghana Top 5 Productsexports imports at HS 6 digit level 2008

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 US$ 1,721,855.90 million.
  2. Ghana exported Cocoa beans, whole or broken, raw or roasted , worth US$ 1,031,154.22 million.
  3. Ghana exported Cashew nuts, fresh or dried , worth US$ 119,196.72 million.
  4. Ghana exported Gold in unwrought forms non-monetary , worth US$ 92,335.66 million.
  5. Ghana exported Wood, nes sawn or chipped lengthwise, sliced or , worth US$ 83,708.61 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$ 1,150,218.74 million.
  2. Ghana imported Automobiles with reciprocating piston engine di , worth US$ 394,377.16 million.
  3. Ghana imported Cement clinkers , worth US$ 249,097.00 million.
  4. Ghana imported Diesel powered trucks with a GVW not exceeding , worth US$ 210,876.30 million.
  5. Ghana imported Spelt, common wheat and meslin , worth US$ 186,490.77 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Ghana in 2008 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 12.97 percent.
  • The trade weighted average tariff was 8.58 .
  • The total duty free imports in thousands of US dollars were 2,507,962.44 and duty free tariff line items share was 13.21 percent.

Development Indicators 2008

Key Development Indicators of Ghana in 2008 are below

  • Ghana GDP in current US dollar was 28,679 million.
  • GNI per capita, Atlas method (current US$) was 1,120.00 .
  • Ghana Trade balance: as % of GDP was -19.46.
  • Trade balance in current US$ was -5,580.00 million.
  • Trade as percentage of GDP was 69.51 .
  • Trade in services as percentage of GDP was 14.29 .

Trade Indicators 2008

Trade Indicators for Ghana in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 2.40.
  • World Growth in percentage was 7.43 and Ghana Country Growth was 15.40 .