Exports in Ghana

Ghana - Exports
Exports contract at fastest pace in almost four years in December
In December, the last month for which data are available, exports fell 23.2% over the same month of the previous year, which was notably below the 19.0% drop tallied in November. December’s print marked the largest decline since January 2010. Imports fell 8.1% annually in December, which was an improvement compared to November’s 15.1% fall.
As a result of the sharp drop in exports, the trade deficit worsened, totaling USD 320 million in December (November: USD 260 million) and was well below the USD 140 billion deficit recorded in the same month of the previous year. The 12-month moving sum of the trade deficit widened from USD 1.3 billion in November to USD 1.5 billion in December.
FocusEconomics Consensus Forecast panelists project that merchandise exports will decline 5.2% in 2015, while imports will fall 2.3%. For 2016, the panel expects exports to increase 9.9% and imports to rise 9.9% also.
Ghana - Exports Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Exports (USD billion) | 10.3 | 11.1 | 13.8 | 14.9 | 15.7 |
Ghana Facts
Value | Change | Date | |
---|---|---|---|
Exchange Rate | 5.70 | 0.0 % | Jan 01 |
Stock Market | 0.1 | 0.0 % | Dec 31 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
Ghana: Inflation comes in at highest level since January 2004 in April
May 11, 2022
Consumer prices rose a seasonally-adjusted 5.17% in April over the previous month, picking up from the 4.02% increase logged in March.
-
Ghana: PMI picks up in April but stays below the 50 mark
May 5, 2022
The S&P Global Purchasing Managers’ Index (PMI) came in at 48.3 in April, up from March's 47.2.
-
Ghana: Inflation comes in at highest level since August 2009 in March
April 13, 2022
Consumer prices increased a seasonally-adjusted 4.05% from the previous month in March, accelerating from February's 2.33% rise.
-
Ghana: PMI continues decline in March
April 6, 2022
The S&P Global Purchasing Managers’ Index (PMI) came in at 47.2 in March, down from February's 49.6.
-
Ghana: Central Bank anticipates meeting, hikes policy rate by 250 basis points
March 21, 2022
At an unexpected meeting on 21 March—the meeting was originally scheduled for 23–25 March—the Monetary Policy Committee of the Bank of Ghana (BoG) decided to hike its policy rate by 250 basis points to 17.00%.