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Ghana Trade Summary

2016

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 2016

Overall Exports and Imports for Ghana 2016

Exports and imports of Ghana in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 10,656 million.
  • The total value of imports (CIF) was 11,361 million.
  • At the HS6 digit level, 1,797 products were exported to 127 countries and 4,208 products were imported from 185 countries.

Ghana top 5 Export and Import partners 2016

Top five countries to which Ghana exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Ghana exports to Switzerland worth US$ 1,869 million, with a partner share of 17.54 percent.
  2. Ghana exports to India worth US$ 1,558 million, with a partner share of 14.62 percent.
  3. Ghana exports to United Arab Emirates worth US$ 1,427 million, with a partner share of 13.40 percent.
  4. Ghana exports to China worth US$ 942 million, with a partner share of 8.84 percent.
  5. Ghana exports to Vietnam worth US$ 549 million, with a partner share of 5.15 percent.

Top five countries from which Ghana imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Ghana imports from China worth US$ 1,965 million, with a partner share of 17.29 percent.
  2. Ghana imports from United Kingdom worth US$ 1,107 million, with a partner share of 9.74 percent.
  3. Ghana imports from United States worth US$ 882 million, with a partner share of 7.76 percent.
  4. Ghana imports from Belgium worth US$ 577 million, with a partner share of 5.08 percent.
  5. Ghana imports from India worth US$ 528 million, with a partner share of 4.64 percent.

Ghana Top 5 Productsexports imports at HS 6 digit level 2016

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 4,344,962.25 (US$ Thousands).
  2. Ghana exported Cocoa beans, whole or broken, raw or roasted , worth 1,886,218.73 (US$ Thousands).
  3. Ghana exported Petroleum oils and oils obtained from bituminou , worth 1,079,145.47 (US$ Thousands).
  4. Ghana exported Cashew nuts, fresh or dried , worth 987,422.28 (US$ Thousands).
  5. Ghana exported Coniferous wood sawn or chipped lengthwise, sli , worth 315,115.03 (US$ Thousands).

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

  1. Ghana imported Automobiles with reciprocating piston engine di , worth 559,074.53 (US$ Thousands).
  2. Ghana imported Broken rice , worth 244,438.79 (US$ Thousands).
  3. Ghana imported Cement clinkers , worth 238,455.40 (US$ Thousands).
  4. Ghana imported Diesel powered trucks with a GVW not exceeding , worth 201,419.75 (US$ Thousands).
  5. Ghana imported Other printed matter, nes , worth 188,287.50 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Ghana in 2016 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 12.30 percent.
  • The trade weighted average tariff was 10.79 .
  • The total duty free imports in thousands of US dollars were 716,704.93 and duty free tariff line items share was 10.80 percent.

Development Indicators 2016

Key Development Indicators of Ghana in 2016 are below

  • Ghana GDP in current US dollar was 56,165 million.
  • GNI per capita, Atlas method (current US$) was 1,750.00 .
  • Ghana Trade balance: as % of GDP was -5.49.
  • Trade balance in current US$ was -3,084.00 million.
  • Trade as percentage of GDP was 67.88 .
  • Trade in services as percentage of GDP was 24.85 .

Trade Indicators 2016

Trade Indicators for Ghana in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 2.81.
  • World Growth in percentage was -1.35 and Ghana Country Growth was 3.20 .