Loading..

Ghana Trade Summary

2023

Ghana exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2023

Overall Exports and Imports for Ghana 2023

Exports and imports of Ghana in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 16,875 million.
  • The total value of imports (CIF) was 16,394 million.
  • At the HS6 digit level, 2,416 products were exported to 157 countries and 4,171 products were imported from 207 countries.

Ghana top 5 Export and Import partners 2023

Top five countries to which Ghana exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Ghana exports to Switzerland worth US$ 3,079 million, with a partner share of 18.25 percent.
  2. Ghana exports to South Africa worth US$ 1,974 million, with a partner share of 11.70 percent.
  3. Ghana exports to United Arab Emirates worth US$ 1,713 million, with a partner share of 10.15 percent.
  4. Ghana exports to China worth US$ 1,377 million, with a partner share of 8.16 percent.
  5. Ghana exports to India worth US$ 1,178 million, with a partner share of 6.98 percent.

Top five countries from which Ghana imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Ghana imports from China worth US$ 3,073 million, with a partner share of 18.74 percent.
  2. Ghana imports from Netherlands worth US$ 1,574 million, with a partner share of 9.60 percent.
  3. Ghana imports from India worth US$ 1,057 million, with a partner share of 6.45 percent.
  4. Ghana imports from Russian Federation worth US$ 1,052 million, with a partner share of 6.42 percent.
  5. Ghana imports from United States worth US$ 993 million, with a partner share of 6.06 percent.

Ghana Top 5 Productsexports imports at HS 6 digit level 2023

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 7,632,173.31 (US$ Thousands).
  2. Ghana exported Petroleum oils and oils obtained from bituminou , worth 3,984,854.97 (US$ Thousands).
  3. Ghana exported Cocoa beans, whole or broken, raw or roasted , worth 1,107,355.82 (US$ Thousands).
  4. Ghana exported Cocoa paste, not defatted , worth 330,660.25 (US$ Thousands).
  5. Ghana exported Manganese ores and concentrates, with a mangane , worth 314,317.14 (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 4,912,327.51 (US$ Thousands).
  2. Ghana imported Cement clinkers , worth 288,655.42 (US$ Thousands).
  3. Ghana imported Automobiles with reciprocating piston engine di , worth 274,643.20 (US$ Thousands).
  4. Ghana imported Other worked grains of other cereals, nes , worth 247,861.73 (US$ Thousands).
  5. Ghana imported Herbicides, anti-sprouting products and plant g , worth 211,724.67 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Ghana in 2023 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 12.89 percent.
  • The trade weighted average tariff was 13 .
  • The total duty free imports in thousands of US dollars were 977,576.52 and duty free tariff line items share was 4.60 percent.

Development Indicators 2023

Key Development Indicators of Ghana in 2023 are below

  • Ghana GDP in current US dollar was 80,547 million.
  • GNI per capita, Atlas method (current US$) was 2,280.00 .
  • Ghana Trade balance: as % of GDP was -0.85.
  • Trade balance in current US$ was -682.00 million.
  • Trade as percentage of GDP was 64.39 .
  • Trade in services as percentage of GDP was 24.70 .

Trade Indicators 2023

Trade Indicators for Ghana in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 3.20.
  • World Growth in percentage was -3.13 and Ghana Country Growth was -7.33 .