Country intelligence · GHA · 2024

Ghana trade profile

In 2024, Ghana recorded $18.3B in merchandise exports and $16.9B in imports, producing a $1.4B trade surplus. Exports changed +19.6% from the previous year, while imports changed -21.8%.[1]

Exports

$18.3B

+19.6%

Imports

$16.9B

-21.8%

Trade balance

$1.4B

surplus

Active partners

270

17 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$18.3B$16.9B$1.4B+19.6%
2023$15.3B$21.6B-$6.3B-11.3%
2022$17.3B$21.2B-$3.9B+24.2%
2021$13.9B$23.4B-$9.5B+6.6%
2020$13.0B$13.6B-$543.5M-12.3%
2019$14.9B$15.6B-$741.8M-1.4%
2018$15.1B$14.6B$444.2M+16.2%
2017$13.0B$15.2B-$2.2B+25.0%
2016$10.4B$14.4B-$4.0B-15.5%
2015$12.3B$16.9B-$4.6B-13.6%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 71 · Precious metals and stones

35 active HS6 lines · 78 export partners

$7.1B
2

HS 27 · Mineral fuels and oils

43 active HS6 lines · 61 export partners

$4.9B
3

HS 18 · HS chapter

11 active HS6 lines · 135 export partners

$2.6B
4

HS 08 · HS chapter

67 active HS6 lines · 109 export partners

$588.5M
5

HS 26 · HS chapter

20 active HS6 lines · 30 export partners

$455.2M
6

HS 15 · HS chapter

46 active HS6 lines · 120 export partners

$259.8M
7

HS 40 · HS chapter

75 active HS6 lines · 108 export partners

$216.6M
8

HS 44 · HS chapter

101 active HS6 lines · 130 export partners

$179.4M

Leading export markets

Destinations rank bilateral export flows from Ghana; growth describes each corridor rather than the whole economy.

1

Switzerland

Annual change +18.9% · 3-year CAGR 17.3%

$3.7B
2

United Arab Emirates

Annual change +95.8% · 3-year CAGR 54.9%

$2.6B
3

China

Annual change +34.0% · 3-year CAGR 14.9%

$2.1B
4

India

Annual change -0.1% · 3-year CAGR -4.9%

$1.2B
5

United States

Annual change -19.9% · 3-year CAGR -6.6%

$1.1B
6

Netherlands

Annual change +28.2% · 3-year CAGR 3.4%

$765.4M
7

Burkina Faso

Annual change +32.2% · 3-year CAGR 19.0%

$638.5M
8

Canada

Annual change +42.4% · 3-year CAGR 11.5%

$577.1M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.