Ghana

Compare Ghana →

GH · GHA · BACI 288 · latest data 2024

Exports

$16.0B USD, nominal · 2024

= $16,030 M29.0% over 5 yrs (down)

Imports

$20.4B USD, nominal · 2024

= $20,391 M15.3% over 5 yrs (up)

Trade balancedeficit

−$4.4B USD, nominal · 2024

= −$4,361 M

Total trade

$36.4B USD, nominal · 2024

= $36,421 M9.6% over 5 yrs (down)

World position: #82 of 225 exporters · top half · #83 of 225 importers · top half · 2024
World export share since 1995: +0.0 pp

Trade timeline

Ghana's exports grew from $1.5B in 1995 to $16.0B in 2024; the 2024 balance was −$4.4B.

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Exports, imports, trade balance and total trade of Ghana per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$1,457 M	$1,791 M	−$334 M	$3,247 M
1996	$2,629 M	$3,021 M	−$392 M	$5,649 M
1997	$1,780 M	$3,716 M	−$1,935 M	$5,496 M
1998	$1,930 M	$3,478 M	−$1,548 M	$5,407 M
1999	$1,970 M	$3,458 M	−$1,488 M	$5,428 M
2000	$2,344 M	$3,473 M	−$1,129 M	$5,818 M
2001	$2,024 M	$3,569 M	−$1,545 M	$5,592 M
2002	$1,728 M	$3,335 M	−$1,607 M	$5,063 M
2003	$2,224 M	$4,164 M	−$1,940 M	$6,388 M
2004	$2,305 M	$3,823 M	−$1,519 M	$6,128 M
2005	$3,960 M	$6,061 M	−$2,101 M	$10,021 M
2006	$4,195 M	$6,372 M	−$2,177 M	$10,568 M
2007	$5,182 M	$9,057 M	−$3,874 M	$14,239 M
2008	$6,429 M	$11,227 M	−$4,798 M	$17,655 M
2009	$6,799 M	$8,398 M	−$1,599 M	$15,196 M
2010	$7,971 M	$10,787 M	−$2,816 M	$18,758 M
2011	$15,134 M	$15,342 M	−$208 M	$30,476 M
2012	$18,284 M	$17,448 M	$837 M	$35,732 M
2013	$18,150 M	$17,075 M	$1,075 M	$35,226 M
2014	$17,288 M	$18,229 M	−$941 M	$35,517 M
2015	$14,917 M	$17,844 M	−$2,926 M	$32,761 M
2016	$16,456 M	$14,863 M	$1,593 M	$31,318 M
2017	$17,315 M	$15,473 M	$1,843 M	$32,788 M
2018	$21,833 M	$14,683 M	$7,150 M	$36,516 M
2019	$22,591 M	$17,685 M	$4,906 M	$40,275 M
2020	$13,942 M	$16,612 M	−$2,669 M	$30,554 M
2021	$22,179 M	$21,867 M	$311 M	$44,046 M
2022	$29,397 M	$21,060 M	$8,336 M	$50,457 M
2023	$27,112 M	$20,421 M	$6,691 M	$47,533 M
2024	$16,030 M	$20,391 M	−$4,361 M	$36,421 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.1% in 2024; export rank #100 → #82.

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World export and import share in percent, and world ranks, of Ghana per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.03%	0.04%	#100	#99
1996	0.05%	0.06%	#85	#87
1997	0.03%	0.07%	#100	#81
1998	0.03%	0.06%	#93	#85
1999	0.03%	0.06%	#94	#83
2000	0.04%	0.05%	#100	#91
2001	0.03%	0.06%	#108	#92
2002	0.03%	0.05%	#110	#96
2003	0.03%	0.05%	#107	#92
2004	0.02%	0.04%	#115	#102
2005	0.04%	0.06%	#99	#93
2006	0.03%	0.05%	#106	#97
2007	0.04%	0.06%	#101	#90
2008	0.04%	0.07%	#102	#90
2009	0.05%	0.07%	#90	#93
2010	0.05%	0.07%	#92	#92
2011	0.08%	0.09%	#77	#85
2012	0.10%	0.10%	#74	#82
2013	0.10%	0.09%	#74	#86
2014	0.09%	0.10%	#78	#84
2015	0.09%	0.11%	#75	#83
2016	0.11%	0.09%	#71	#88
2017	0.10%	0.09%	#73	#85
2018	0.11%	0.08%	#72	#88
2019	0.12%	0.10%	#71	#84
2020	0.08%	0.10%	#79	#82
2021	0.10%	0.10%	#73	#81
2022	0.12%	0.09%	#72	#80
2023	0.12%	0.09%	#70	#82
2024	0.07%	0.09%	#82	#83

30 rows

Trading partners

China was Ghana's top trading partner in 2024, at 32.5% of total trade; the top five partners covered 63.8%.

Year

Top partner share: 32.5%
Top-5 share: 63.8%
Partners: 126
Partner HHI (0–1): 0.138

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Switzerland $4.3B

China $2.0B

India $1.7B

United States $1.2B

Netherlands $727M

South Africa $647M

Burkina Faso $573M

Italy $513M

France $508M

Brazil $435M

Germany $265M

Malaysia $247M

United Kingdom $235M

Belgium $199M

Türkiye $173M

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Top partners of Ghana in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	China	$1,996 M	$9,841 M	$11,837 M	−$7,845 M
#2	Switzerland	$4,277 M	$73 M	$4,349 M	$4,204 M
#3	India	$1,700 M	$1,286 M	$2,986 M	$414 M
#4	United States	$1,202 M	$876 M	$2,078 M	$325 M
#5	Netherlands	$727 M	$1,253 M	$1,980 M	−$525 M
#6	South Africa	$647 M	$345 M	$992 M	$302 M
#7	Belgium	$199 M	$607 M	$807 M	−$408 M
#8	Brazil	$435 M	$337 M	$771 M	$98 M
#9	United Kingdom	$235 M	$513 M	$748 M	−$279 M
#10	Italy	$513 M	$220 M	$733 M	$293 M
#11	France	$508 M	$224 M	$731 M	$284 M
#12	Burkina Faso	$573 M	$84 M	$658 M	$489 M
#13	Germany	$265 M	$316 M	$582 M	−$51 M
#14	Türkiye	$173 M	$399 M	$573 M	−$226 M
#15	Malaysia	$247 M	$254 M	$502 M	−$7 M

15 rows

Products & sectors

Product composition of Ghana's trade in 2024.

Year

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The product table loads with the product data for 2024.

Concentration & risk

Ghana's export partners concentrated over 1995–2024 — HHI 0.094 → 0.113, a moderately concentrated export base across 125 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Ghana per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.094	0.074	73	66
1996	0.114	0.066	119	164
1997	0.087	0.058	125	163
1998	0.074	0.051	125	163
1999	0.071	0.046	127	161
2000	0.091	0.051	146	156
2001	0.076	0.042	137	161
2002	0.074	0.038	119	158
2003	0.063	0.051	156	179
2004	0.068	0.051	129	120
2005	0.074	0.043	160	157
2006	0.080	0.042	150	163
2007	0.091	0.045	158	170
2008	0.098	0.048	159	168
2009	0.144	0.044	159	165
2010	0.144	0.052	160	164
2011	0.079	0.057	170	175
2012	0.108	0.068	170	169
2013	0.088	0.067	168	177
2014	0.073	0.056	172	176
2015	0.101	0.075	173	181
2016	0.132	0.069	164	188
2017	0.126	0.076	174	183
2018	0.124	0.074	171	186
2019	0.113	0.097	173	183
2020	0.097	0.179	148	133
2021	0.092	0.087	171	200
2022	0.113	0.087	175	197
2023	0.115	0.111	172	205
2024	0.113	0.247	125	113

30 rows

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