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Ghana Trade Profile '21

Page 1

Trade Profiles

2021 Trade in commercial services

Transport

Travel Other commercial services

Industrial property

Merchandise trade Agricultural products Nonagricultural products


Ghana

Ghana

GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)

68 418 2 220 -3.3 771 34.7

Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade

Exports

75 52 60 37

Imports

87 63 53 35

MERCHANDISE TRADE Value

Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.

Annual percentage change

2020 14 472 12 429 2020 0.08

Share in world total exports (%)

2010-2020 6 1

2019 5 2

2020 -8 -7 2020 0.07

Share in world total imports (%)

Breakdown in economy's total exports

Breakdown in economy's total imports

By main commodity group, % (2019)

By main commodity group, % (2019)

Agricultural products: 24.7

Fuels and mining products: 37.2

Agricultural products: 16.4

Fuels and mining products: 3.4

Manufactures: 5.6

Other: 32.5

Manufactures: 57.8

Other: 22.5

By main destination, % (2019)

By main origin, % (2019)

China: 16.7

European Union: 15.2

Switzerland: 14.7

India: 14.2

South Africa: 11.8

Other: 27.4

European Union: 18.6 United States of America: 9.4 India: 5.6

China: 18.2 United Kingdom: 6.6 Other: 41.7

Agricultural Products Value

Top exported products (Million US$) HS1801 HS1803 HS1804 HS0801 HS1511

2019 . 1 852 410 337 246 109

Cocoa beans, whole or broken Cocoa paste Cocoa butter, fat and oil Coconuts, Brazil nuts, cashew nuts Palm oil and its fractions

Value

Top imported products (Million US$) HS1006 HS1001 HS1701 HS1511 HS1104

2019

Rice Wheat and meslin Cane or beet sugar Palm oil and its fractions Cereal grains otherwise worked

375 140 139 137 122

Share in economy's trade in agricultural products Exports 0%

20%

40%

Imports 60%

0%

HS1801

HS1006

HS1803

HS1001

HS1804

HS1701

HS0801

HS1511

HS1511

HS1104

10%

20%

30%

Million US$ Exports Imports

Value

2019 3 499 1 703

Annual percentage change

2010-2019 13 5

2018 31 3

2019 -18 -22

Non-Agricultural Products Value

Top exported products (Million US$) HS7108 HS2709 HS2602 HS1604 HS2843

2019

Gold Petroleum oils, crude Manganese ores and concentrates Prepared or preserved fish Colloidal precious metals

6 199 5 252 350 146 121

Value

Top imported products (Million US$) HS8703 HS8704 HS2523 HS2710 HS4406

2019

Motor cars for transport of persons Motor vehicles for goods transport Portland cement, aluminous cement Petroleum oils, other than crude Railway or tramway sleepers of wood

882 442 320 236 218

Share in economy's trade in non-agricultural products Exports 0%

146

Imports 50%

0%

HS7108

HS8703

HS2709

HS8704

HS2602

HS2523

HS1604

HS2710

HS2843

HS4406

5%

10%

15%

Million US$ Exports Imports

Value

2019 13 269 8 736

Annual percentage change

2010-2019 14 3

2018 16 -9

2019 3 -10

World Trade Organization – Trade Profiles 2021


Ghana TRADE IN COMMERCIAL SERVICES Value

Million US$ Commercial services exports Commercial services imports

Annual percentage change

2020

2010-2020

8 058 10 155 2020 0.16

Share in world total exports (%) Breakdown in economy's total exports

2019

2020

30 22

-18 -7

20 15

2020 0.22

Share in world total imports (%) Breakdown in economy's total imports

By main services item, % (2019)

By main services item, % (2019)

Transport: 5.1 Other commercial services: 74.9

Travel: 14.4 Goods-related services: 5.5

Transport: 21.5 Other commercial services: 72.6

By main destination

Travel: 3 Goods-related services: 2.9

By main origin

Value

FATS sales Inward (million US$) Outward (million US$)

Annual percentage change

2020 na na

2010-2020 na na

2019 na na

2020 na na

Transport Ghana

300

World

200 100 0

2010

2013

2016

Value

Million US$ Exports Imports

2019 501 2 354

Exports By sea (2019) By air (2019) By other (2019)

2020

Transport exports (Index 2010=100)

Value 369 125 7

2010-2019 4 8

Share (%)

Annual percentage change 2018 -4 0

Imports By sea (2019) By air (2019) By other (2019)

73.7 25.0 1.3

2019 11 13

Value

Share (%)

1 115 1 220 19

47.4 51.8 0.8

Travel Ghana

300

World

Value

Million US$ Exports Imports

200 100 0

2010

2013

2016

2019 1 425 328

2010-2019 10 -6

Annual percentage change 2018 11 -35

2019 51 -27

2020

Travel exports (Index 2010=100)

Other Commercial Services and Goods-related Services Million US$

Exports of OCS by main item (2019) 4.1 3.0 5.8

Value

2019

Other commercial services Exports 7 396 Imports 7 954

Other business services Construction Personal & cultural 87.2

2010-2019 40 30

2019

Goods-related services Exports Imports

Other

Annual percentage change

2010-2019

547 313

na na

2018

2019

8 8

33 29

2018

2019

na na

-7 22

INDUSTRIAL PROPERTY Patent applications, 2018 Residents

13

Non-residents

39

Trademark applications, 2018 Total

52

World Trade Organization – Trade Profiles 2021

Residents

833

Non-residents

2 591

Industrial design applications, 2018 Total

3 424

Residents

796

Non-residents

35

Total

831

147


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