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Ghana Trade Summary

2017

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 2017

Overall Exports and Imports for Ghana 2017

Exports and imports of Ghana in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 14,359 million.
  • The total value of imports (CIF) was 12,718 million.
  • At the HS6 digit level, 1,980 products were exported to 150 countries and 4,160 products were imported from 180 countries.

Ghana top 5 Export and Import partners 2017

Top five countries to which Ghana exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Ghana exports to India worth US$ 2,689 million, with a partner share of 18.73 percent.
  2. Ghana exports to China worth US$ 2,381 million, with a partner share of 16.59 percent.
  3. Ghana exports to Switzerland worth US$ 1,660 million, with a partner share of 11.56 percent.
  4. Ghana exports to South Africa worth US$ 910 million, with a partner share of 6.34 percent.
  5. Ghana exports to Netherlands worth US$ 885 million, with a partner share of 6.16 percent.

Top five countries from which Ghana imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Ghana imports from China worth US$ 2,134 million, with a partner share of 16.78 percent.
  2. Ghana imports from United States worth US$ 1,200 million, with a partner share of 9.44 percent.
  3. Ghana imports from United Kingdom worth US$ 1,099 million, with a partner share of 8.64 percent.
  4. Ghana imports from Spain worth US$ 755 million, with a partner share of 5.93 percent.
  5. Ghana imports from Belgium worth US$ 719 million, with a partner share of 5.65 percent.

Ghana Top 5 Productsexports imports at HS 6 digit level 2017

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 5,673,955.04 (US$ Thousands).
  2. Ghana exported Petroleum oils and oils obtained from bituminou , worth 3,619,656.14 (US$ Thousands).
  3. Ghana exported Cocoa beans, whole or broken, raw or roasted , worth 1,642,051.96 (US$ Thousands).
  4. Ghana exported Cashew nuts, fresh or dried , worth 296,338.24 (US$ Thousands).
  5. Ghana exported Cocoa paste, wholly or partly defatted , worth 282,219.42 (US$ Thousands).

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

  1. Ghana imported Cement clinkers , worth 748,383.05 (US$ Thousands).
  2. Ghana imported Automobiles with reciprocating piston engine di , worth 570,935.51 (US$ Thousands).
  3. Ghana imported Spelt, common wheat and meslin , worth 301,676.07 (US$ Thousands).
  4. Ghana imported Broken rice , worth 297,278.96 (US$ Thousands).
  5. Ghana imported Diesel powered trucks with a GVW not exceeding , worth 272,238.52 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Ghana in 2017 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 12.33 percent.
  • The trade weighted average tariff was 10.61 .
  • The total duty free imports in thousands of US dollars were 1,113,954.96 and duty free tariff line items share was 11.46 percent.

Development Indicators 2017

Key Development Indicators of Ghana in 2017 are below

  • Ghana GDP in current US dollar was 60,406 million.
  • GNI per capita, Atlas method (current US$) was 1,820.00 .
  • Ghana Trade balance: as % of GDP was -2.79.
  • Trade balance in current US$ was -1,688.00 million.
  • Trade as percentage of GDP was 70.55 .
  • Trade in services as percentage of GDP was 26.61 .

Trade Indicators 2017

Trade Indicators for Ghana in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 2.67.
  • World Growth in percentage was 5.17 and Ghana Country Growth was 2.11 .