Ghana recorded a trade surplus of 370.70 USD Million in December of 2020. source: Bank of Ghana

Balance of Trade in Ghana averaged -146.51 USD Million from 2004 until 2020, reaching an all time high of 482.13 USD Million in February of 2020 and a record low of -733.10 USD Million in October of 2013. This page provides - Ghana Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Balance of Trade - values, historical data and charts - was last updated on February of 2021.

Balance of Trade in Ghana is expected to be 200.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Ghana to stand at 520.00 in 12 months time. In the long-term, the Ghana Balance of Trade is projected to trend around 100.00 USD Million in 2022 and -50.00 USD Million in 2023, according to our econometric models.

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Ghana Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
370.70 -24.30 482.13 -733.10 2004 - 2020 USD Million Monthly

Ghana Trade Last Previous Highest Lowest Unit
Balance of Trade 370.70 -24.30 482.13 -733.10 USD Million [+]
Current Account -709.30 -663.00 327.96 -2184.01 USD Million [+]
Current Account to GDP -2.80 -3.10 0.10 -11.90 percent [+]
Imports 919.30 1185.80 1707.00 65.23 USD Million [+]
Exports 1290.00 1161.50 1437.07 141.92 USD Million [+]
Capital Flows -112.00 437.30 3067.60 -621.92 USD Million [+]
Gold Reserves 8.74 8.74 8.74 8.71 Tonnes [+]
Oil Exports 291.20 211.80 470.09 0.00 USD Million [+]
Terrorism Index 1.74 1.56 1.74 0.00 [+]
Crude Oil Production 194.00 196.00 218.00 1.40 BBL/D/1K [+]
External Debt 24300.00 24000.00 24300.00 2310.06 USD Million [+]

Ghana Balance of Trade
Ghana's main exports are gold, cocoa beans and timber products. Others include tuna, aluminum, manganese ore, diamonds and horticulture. It's main exports partners are Netherlands, Burkina Faso, South Africa and United Kingdom. Ghana imports mostly industrial supplies, capital and consumer goods and foodstuffs. It's main imports partners are China, United States, Belgium, United Kingdom and France.