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Ghana Trade Summary

2021

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 2021

Overall Exports and Imports for Ghana 2021

Exports and imports of Ghana in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 14,823 million.
  • The total value of imports (CIF) was 17,848 million.
  • At the HS6 digit level, 2,458 products were exported to 153 countries and 4,217 products were imported from 203 countries.

Ghana top 5 Export and Import partners 2021

Top five countries to which Ghana exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Ghana exports to Switzerland worth US$ 2,413 million, with a partner share of 16.28 percent.
  2. Ghana exports to South Africa worth US$ 1,971 million, with a partner share of 13.29 percent.
  3. Ghana exports to China worth US$ 1,386 million, with a partner share of 9.35 percent.
  4. Ghana exports to India worth US$ 1,336 million, with a partner share of 9.01 percent.
  5. Ghana exports to Canada worth US$ 852 million, with a partner share of 5.75 percent.

Top five countries from which Ghana imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Ghana imports from China worth US$ 3,677 million, with a partner share of 20.60 percent.
  2. Ghana imports from United Kingdom worth US$ 1,319 million, with a partner share of 7.39 percent.
  3. Ghana imports from United States worth US$ 1,150 million, with a partner share of 6.44 percent.
  4. Ghana imports from India worth US$ 1,034 million, with a partner share of 5.80 percent.
  5. Ghana imports from Belgium worth US$ 792 million, with a partner share of 4.44 percent.

Ghana Top 5 Productsexports imports at HS 6 digit level 2021

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 5,080,011.69 (US$ Thousands).
  2. Ghana exported Petroleum oils and oils obtained from bituminou , worth 3,772,892.18 (US$ Thousands).
  3. Ghana exported Cocoa beans, whole or broken, raw or roasted , worth 1,370,363.02 (US$ Thousands).
  4. Ghana exported Cocoa paste, not defatted , worth 401,363.48 (US$ Thousands).
  5. Ghana exported Cocoa butter, fat and oil , worth 365,816.42 (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, etc, (excl. crude); preparation , worth 2,440,232.39 (US$ Thousands).
  2. Ghana imported Automobiles with reciprocating piston engine di , worth 606,278.18 (US$ Thousands).
  3. Ghana imported Cement clinkers , worth 403,802.17 (US$ Thousands).
  4. Ghana imported Palm oil (excl. crude) and liquid fractions , worth 336,641.43 (US$ Thousands).
  5. Ghana imported Guts, bladders and stomachs of animals (excl. f , worth 306,812.69 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Ghana in 2021 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 12.84 percent.
  • The trade weighted average tariff was 10.51 .
  • The total duty free imports in thousands of US dollars were 692,626.03 and duty free tariff line items share was 8.24 percent.

Development Indicators 2021

Key Development Indicators of Ghana in 2021 are below

  • Ghana GDP in current US dollar was 79,156 million.
  • GNI per capita, Atlas method (current US$) was 2,300.00 .
  • Ghana Trade balance: as % of GDP was 1.39.
  • Trade balance in current US$ was 1,096.00 million.
  • Trade as percentage of GDP was 58.43 .
  • Trade in services as percentage of GDP was 27.18 .

Trade Indicators 2021

Trade Indicators for Ghana in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 3.08.
  • World Growth in percentage was 12.50 and Ghana Country Growth was 4.12 .