Ghana recorded a trade surplus of 198 USD Million in October of 2020. source: Bank of Ghana

Balance of Trade in Ghana averaged -149.12 USD Million from 2004 until 2020, reaching an all time high of 477.96 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 November of 2020.

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 -200.00 in 12 months time. In the long-term, the Ghana Balance of Trade is projected to trend around 100.00 USD Million in 2021 and -50.00 USD Million in 2022, according to our econometric models.

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Ghana Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
198.00 196.70 477.96 -733.10 2004 - 2020 USD Million Monthly

Ghana Trade Last Previous Highest Lowest Unit
Balance of Trade 198.00 196.70 477.96 -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 900.92 1248.87 1707.00 65.23 USD Million [+]
Exports 1211.70 1169.00 1437.07 141.92 USD Million [+]
Capital Flows -112.00 437.30 3067.60 -621.92 USD Million [+]
Gold Reserves 8.74 8.70 8.74 8.70 Tonnes [+]
Oil Exports 201.70 277.30 470.09 0.00 USD Million [+]
Terrorism Index 1.56 0.16 1.56 0.00 [+]
Crude Oil Production 199.00 201.00 218.00 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.