Ghana GH: Goods Trade: % of GDP data was reported at 55.092 % in 2017. This records a decrease from the previous number of 56.173 % for 2016. Ghana GH: Goods Trade: % of GDP data is updated yearly, averaging 54.154 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 93.196 % in 2000 and a record low of 25.347 % in 1991. Ghana GH: Goods Trade: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: Trade Statistics. Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.; ; World Trade Organization, and World Bank GDP estimates.; Weighted average;

The statistic shows Ghana's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, Ghana's trade surplus amounted to around 2.65 billion U.S. dollars.

Ghana trade to gdp ratio for 2023 was 69.04%, a 1.08% decline from 2022.

<ul style='margin-top:20px;'>

<li>Ghana trade to gdp ratio for 2022 was <strong>70.12%</strong>, a <strong>7.41% increase</strong> from 2021.</li>
<li>Ghana trade to gdp ratio for 2021 was <strong>62.71%</strong>, a <strong>3.87% decline</strong> from 2020.</li>
<li>Ghana trade to gdp ratio for 2020 was <strong>66.58%</strong>, a <strong>10.25% decline</strong> from 2019.</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Graph and download economic data for Terms of Trade for Goods for Ghana (GHATTTIX) from 2000 to 2026 about Ghana, REO, trade, and goods.

Ghana trade balance for 2023 was -735.50 million US dollars, a 25.79% increase from 2022.

<ul style='margin-top:20px;'>

<li>Ghana trade balance for 2022 was <strong>-584.73 million US dollars</strong>, a <strong>71.69% decline</strong> from 2021.</li>
<li>Ghana trade balance for 2021 was <strong>-2.07 billion US dollars</strong>, a <strong>16.33% decline</strong> from 2020.</li>
<li>Ghana trade balance for 2020 was <strong>-2.47 billion US dollars</strong>, a <strong>87.61% increase</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Ghana Imports from Zambia of Pharmaceutical products was US$484 during 2023, according to the United Nations COMTRADE database on international trade. Ghana Imports from Zambia of Pharmaceutical products - data, historical chart and statistics - was last updated on July of 2025.

Ghana Exports: Timber Products data was reported at 16.170 USD mn in Sep 2018. This records a decrease from the previous number of 19.050 USD mn for Aug 2018. Ghana Exports: Timber Products data is updated monthly, averaging 16.170 USD mn from Mar 2005 (Median) to Sep 2018, with 141 observations. The data reached an all-time high of 30.740 USD mn in Apr 2016 and a record low of 9.600 USD mn in Jan 2014. Ghana Exports: Timber Products data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.JA001: Trade Balance Statistics.

Ghana Exports of miscellaneous chemical products to Jordan was US$799 during 2022, according to the United Nations COMTRADE database on international trade. Ghana Exports of miscellaneous chemical products to Jordan - data, historical chart and statistics - was last updated on June of 2025.

Ghana Imports from United Kingdom of Pharmaceutical products was US$3.94 Million during 2023, according to the United Nations COMTRADE database on international trade. Ghana Imports from United Kingdom of Pharmaceutical products - data, historical chart and statistics - was last updated on June of 2025.

Key information about Ghana Total Trade of Goods and Services: % of Nominal GDP

• Ghana Total Trade of Goods & Services: % of Nominal GDP recorded 69.353 % in Dec 2024, compared with 64.388 % in the previous year.
• Ghana Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 2006 to Dec 2024, with an averaged value of 44.392 %.
• The data reached an all-time high of 70.115 % in Dec 2022 and a record low of -8.858 % in Dec 2015.

CEIC calculates annual Total Trade of Goods and Services as % of Nominal GDP from annual Total Trade of Goods and Services and annual Nominal GDP. Ghana Statistical Service provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency, both based on SNA 2008. Total Trade of Goods and Services as % of Nominal GDP prior to 2013 is calculated from Total Trade of Goods and Services based on SNA 1993. Total Trade of Goods and Services as % of Nominal GDP prior to 2006 is calculated from Nominal GDP and Total Trade of Goods and Services both sourced from the International Monetary Fund.

Ghana Exports of miscellaneous chemical products to Cuba was US$949 during 2023, according to the United Nations COMTRADE database on international trade. Ghana Exports of miscellaneous chemical products to Cuba - data, historical chart and statistics - was last updated on June of 2025.

Ghana Imports from Mexico of Ceramic products was US$1.47 Thousand during 2022, according to the United Nations COMTRADE database on international trade. Ghana Imports from Mexico of Ceramic products - data, historical chart and statistics - was last updated on July of 2025.

Ghana Exports of textile products and articles, for technical use to United Kingdom was US$5 during 2018, according to the United Nations COMTRADE database on international trade. Ghana Exports of textile products and articles, for technical use to United Kingdom - data, historical chart and statistics - was last updated on July of 2025.

The export value of food products in Ghana reached roughly *** billion U.S. dollars in 2022. Compared to previous year, which registered an export value that amounted to approximately *** billion U.S. dollars, the value decreased by about *** million U.S. dollars. Over the observed period, the highest value was registered in 2015, at approximately *** billion U.S. dollars. The Netherlands was the main destination for Ghanaian food exports in 2022.

Ghana Imports from Jordan of Pharmaceutical products was US$593.84 Thousand during 2023, according to the United Nations COMTRADE database on international trade. Ghana Imports from Jordan of Pharmaceutical products - data, historical chart and statistics - was last updated on July of 2025.

Ghana Exports of chocolate and other food products containing cocoa to Angola was US$204 during 2023, according to the United Nations COMTRADE database on international trade. Ghana Exports of chocolate and other food products containing cocoa to Angola - data, historical chart and statistics - was last updated on July of 2025.

Ghana Exports of dairy products, eggs, honey, edible products to United Arab Emirates was US$122 during 2023, according to the United Nations COMTRADE database on international trade. Ghana Exports of dairy products, eggs, honey, edible products to United Arab Emirates - data, historical chart and statistics - was last updated on July of 2025.

As of 2021, around 717 metric tons of chocolate products were exported from Ghana, accumulating a value of approximately 2.5 million U.S. dollars. Exports of this product increased significantly in volume between 2017 and 2019. Overall, in 2021, Ghana imported more products made of chocolate than it exported. Production of cocoa beans in the country has been increasing minimally.

Ghana Exports: Cocoa Products data was reported at 110.200 USD mn in Dec 2024. This records a decrease from the previous number of 131.870 USD mn for Nov 2024. Ghana Exports: Cocoa Products data is updated monthly, averaging 77.120 USD mn from Jun 2021 (Median) to Dec 2024, with 43 observations. The data reached an all-time high of 140.830 USD mn in Oct 2024 and a record low of 32.600 USD mn in Feb 2024. Ghana Exports: Cocoa Products data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.JA001: Trade Balance Statistics.

Ghana Imports of Miscellaneous chemical products was US$468.32 Million during 2023, according to the United Nations COMTRADE database on international trade. Ghana Imports of Miscellaneous chemical products - data, historical chart and statistics - was last updated on July of 2025.