Ghana Export Data: Brief Overview of the Top Trade Partners
Ghana, being located on the Gateway to West Africa, has a long Atlantic Ocean coastline, contributing towards the maritime trade through ports like Tema and Takoradi. Accompanied by the maritime trade, the well-developed infrastructure of the transportation ports and the strategic geographical location within the leading trade destination estates have indulged the export services of Ghana to a huge extent. Ghana Import Data says the tropical climatic condition and the fertile soils of the nation Ghana have promoted the non-oil sector as a crucial contributor towards the export economy. The natural resource endowment due to the strategic location in the Guinea gold belt has significantly contributed to the mining sector recording almost 12% of the export share.
The relative political stability of the nation based on nutrition, health, and foreign and international relations show that both are related factors, such as agriculture and mining. The continuous efforts of the government authorities to improve the proper fulfillment of the global stock commodity has led the annual export valuation to a rate of 18 billion US dollars in 2024 a significant increase from the valuation of 11 billion US dollars. Import Globals with Ghana trade data highlights the categorized regional shipments of different globally-sought commodities from the trade firms of the nation towards other targeted destinations for a proper briefing of the potential marketing zones that can be helpful for business owners looking to expand their services worldwide.
THE LEADING VARIANTS OF GOODS EXPORTED FROM GHANA IN 2024
Ghana, with rich and diverse natural landscapes and mineral fuel reserves, has introduced a diversification in export portfolio to fulfill the globally growing demands. According to the Ghana Export Data, the top 10 leading regions of goods exported from the nation in 2024 are,
- Gold — The export trade value of Gold from Ghana in 2024–4.2 billion US dollars
- Cocoa beans — The export trade value of Cocoa beans from Ghana in 2024–3.4 billion US dollars
- Oil- The export trade value of Oil from Ghana in 2024–2.8 billion US dollars
- Wood and wood products- The export trade value of Wood and wood products from Ghana in 2024–1.7 billion US dollars
- Aluminum- The export trade value of Aluminum from Ghana in 2024–1.5 billion US dollars
- Diamonds- The export trade value of Diamonds from Ghana in 2024–1 billion US dollars
- Fruits and vegetables- The export trade value of Fruits and vegetables from Ghana in 2024–900 million US dollars
- Fish- The export trade value of Fish from Ghana in 2024–700 million US dollars
- Textiles- The export trade value of Textiles from Ghana in 2024–600 million US dollars
- Cereals — The export trade value of Cereals from Ghana in 2024–500 million US dollars
THE TOP 10 EXPORT TRADE PARTNERS OF GHANA IN 2024
Due to the strategic geographical location of Ghana and between different central regions across the globe, fostering the feasible exchange of goods via the well-developed transportation ports has built up trade relationships with top trade estates. According to the Ghana Customs Data, the top 10 export trade partners of the nation with which it trades most of the goods that are being manufactured in its industrial sectors in 2024 are,
- China — The valuation of the goods exported from Ghana to China in 2024–3.8 billion US dollars
Top 5 variants of goods exported
1. Cocoa beans
2. Gold
3. Oil
4. Timber
5. Pineapple
2. India- The valuation of the goods exported from Ghana to India in 2024–2.7 billion US dollars
Top 5 variants of goods exported
1. Cashew nuts
2. Shea butter
3. Cassava
4. Coffee
5. Teak wood
3. Netherlands- The valuation of the goods exported from Ghana to the Netherlands in 2024–2.2 billion US dollars
Top 5 variants of goods exported
1. Teak wood
2. Rubber
3. Bananas
4. Sesame seeds
5. Aluminum products
4. South Africa- The valuation of the goods exported from Ghana to South Africa in 2024–1.5 billion US dollars
Top 5 variants of goods exported
1. Oil
2. Cocoa beans
3. Timber
4. Bauxite
5. Diamonds
5. Switzerland- The valuation of the goods exported from Ghana to Switzerland in 2024–1.2 billion US dollars
Top 5 variants of goods exported
1. Shea butter
2. Pineapples
3. Cashews
4. Cotton
5. Manganese ore
- France- The valuation of the goods exported from Ghana to France in 2024–1 billion US dollars
Top 5 variants of goods exported
1. Coffee
2. Rubber
3. Coconuts
4. Mangoes
5. Yams
7. United Kingdom- The valuation of the goods exported from Ghana to the United Kingdom in 2024–870 million US dollars
Top 5 variants of goods exported
1. Medicinal plants
2. Coconuts
3. Timber
4. Pineapples
5. Vegetables
8. Burkina Faso- The valuation of the goods exported from Ghana to Burkina Faso in 2024–654 million US dollars
Top 5 variants of goods exported
1. Vanilla beans
2. Woodcrafts
3. Cotton
4. Coconuts
5. Cassava
9. United Arab Emirates- The valuation of the goods exported from Ghana to the United Arab Emirates in 2024–424 million US dollars
Top 5 variants of goods exported
1. Palm oil
2. Seafood
3. Shea nuts
4. Beans
5. Breadfruit
10. Germany- The valuation of the goods exported from Ghana to Germany in 2024–352 million US dollars
Top 5 variants of goods exported
1. Okra
2. Maize
3. Peanuts
4. Cashew apples
5. Sorghum
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