Ghana recorded a trade surplus of 967.10 USD Million in April of 2025. This dataset provides - Ghana Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Key information about Ghana's Trade Balance

• Ghana's Trade Balance recorded a surplus of 565.0 USD mn in Dec 2024, compared with a surplus of 644.7 USD mn in the previous month
• Ghana's Trade Balance data is updated monthly, available from Mar 2005 to Dec 2024, with an averaged value of -82.2 USD mn
• The data reached an all-time high of 682.3 USD mn in Aug 2024 and a record low of -733.1 USD mn in Oct 2013

• In the latest reports, Ghana's Total Exports reached 1.8 USD bn in Dec 2024, an increase of 9.5% YoY (year-on-year)
• Total Imports recorded 1.3 USD bn in Dec 2024, an increase of 9.5% YoY (year-on-year)

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.

In 2023, the trade deficit of services in Ghana amounted to about **** billion U.S. dollars. A positive value means a trade surplus, a negative trade balance means a trade deficit.

Ghana GH: Trade Balance data was reported at 1.585 USD bn in 2017. This records an increase from the previous number of -775.651 USD mn for 2016. Ghana GH: Trade Balance data is updated yearly, averaging -70.751 USD mn from Dec 1948 (Median) to 2017, with 70 observations. The data reached an all-time high of 5.495 USD bn in 2011 and a record low of -4.747 USD bn in 2008. Ghana GH: Trade Balance data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.DOT: Trade Balance: by Country: Annual.

Ghana GH: Trade Balance: Advanced Economies: Israel data was reported at -37.904 USD mn in 2017. This records an increase from the previous number of -49.263 USD mn for 2016. Ghana GH: Trade Balance: Advanced Economies: Israel data is updated yearly, averaging -1.933 USD mn from Dec 1948 (Median) to 2017, with 66 observations. The data reached an all-time high of 2.939 USD mn in 2000 and a record low of -143.600 USD mn in 2013. Ghana GH: Trade Balance: Advanced Economies: Israel data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.DOT: Trade Balance: by Country: Annual.

In the second quarter of 2023, Ghana's current account balance amounted to a surplus of ***** million U.S. dollars, showing a huge improvement from the same period in 2022, when the country registered a deficit of ***** million U.S. dollars. Furthermore, in the period under review, the lowest deficit recorded on the country's imports and exports of goods and services, transfers, and payments made to foreign investors was reported in the third quarter of 2021, at minus *** billion U.S. dollars.

Ghana's total Imports in 2023 were valued at US$16.39 Billion, according to the United Nations COMTRADE database on international trade. Ghana's main import partners were: China, the Netherlands and India. The top three import commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Exports were valued at US$16.87 Billion. In 2023, Ghana had a trade surplus of US$480.29 Million.

Ghana Trade Balance: Quarterly data was reported at 315.930 USD mn in Sep 2018. This records a decrease from the previous number of 564.780 USD mn for Jun 2018. Ghana Trade Balance: Quarterly data is updated quarterly, averaging -671.900 USD mn from Mar 2005 (Median) to Sep 2018, with 55 observations. The data reached an all-time high of 912.630 USD mn in Mar 2017 and a record low of -1.638 USD bn in Sep 2012. Ghana Trade Balance: Quarterly data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Ghana – Table GH.JA001: Trade Balance Statistics.

Ghana's total Exports in 2023 were valued at US$16.87 Billion, according to the United Nations COMTRADE database on international trade. Ghana's main export partners were: Switzerland, South Africa and the United Arab Emirates. The top three export commodities were: Pearls, precious stones, metals, coins; Mineral fuels, oils, distillation products and Cocoa and cocoa preparations. Total Imports were valued at US$16.39 Billion. In 2023, Ghana had a trade surplus of US$480.29 Million.

Ghana GH: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data was reported at 28.528 USD mn in 2017. This records an increase from the previous number of -143.072 USD mn for 2016. Ghana GH: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data is updated yearly, averaging -5.548 USD mn from Dec 1948 (Median) to 2017, with 69 observations. The data reached an all-time high of 28.528 USD mn in 2017 and a record low of -163.735 USD mn in 1986. Ghana GH: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.DOT: Trade Balance: by Country: Annual.

Ghana Exports: Quarterly data was reported at 3.789 USD bn in Jun 2018. This records a decrease from the previous number of 4.059 USD bn for Mar 2018. Ghana Exports: Quarterly data is updated quarterly, averaging 2.570 USD bn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 4.118 USD bn in Mar 2012 and a record low of 257.220 USD mn in Jun 2005. Ghana Exports: Quarterly 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 Trade Balance: Local Currency data was reported at -383.600 GHS mn in Jun 2016. This records a decrease from the previous number of 695.300 GHS mn for May 2016. Ghana Trade Balance: Local Currency data is updated monthly, averaging -18.162 GHS mn from Jan 2010 (Median) to Jun 2016, with 66 observations. The data reached an all-time high of 3,681.700 GHS mn in Mar 2015 and a record low of -3,047.500 GHS mn in Jun 2015. Ghana Trade Balance: Local Currency data remains active status in CEIC and is reported by Ghana Statistical Service. The data is categorized under Global Database’s Ghana – Table GH.JA001: Trade Balance Statistics.

Ghana GH: Trade Balance: Advanced Economies: Korea data was reported at -68.366 USD mn in Mar 2018. This records a decrease from the previous number of -51.876 USD mn for Dec 2017. Ghana GH: Trade Balance: Advanced Economies: Korea data is updated quarterly, averaging -11.627 USD mn from Dec 1966 (Median) to Mar 2018, with 175 observations. The data reached an all-time high of 0.585 USD mn in Mar 1994 and a record low of -132.148 USD mn in Jun 2013. Ghana GH: Trade Balance: Advanced Economies: Korea data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.DOT: Trade Balance: by Country: Quarterly.

Ghana GH: Trade Balance: Countries or Area Not Specified data was reported at -11.663 USD mn in 2017. This records an increase from the previous number of -387.493 USD mn for 2016. Ghana GH: Trade Balance: Countries or Area Not Specified data is updated yearly, averaging -1.212 USD mn from Dec 1950 (Median) to 2017, with 30 observations. The data reached an all-time high of 86.224 USD mn in 1999 and a record low of -402.070 USD mn in 2015. Ghana GH: Trade Balance: Countries or Area Not Specified data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.DOT: Trade Balance: by Country: Annual.

Ghana GH: Trade Balance: Advanced Economies: Cyprus data was reported at -1.700 USD mn in 2017. This records a decrease from the previous number of -0.776 USD mn for 2016. Ghana GH: Trade Balance: Advanced Economies: Cyprus data is updated yearly, averaging -0.100 USD mn from Dec 1953 (Median) to 2017, with 57 observations. The data reached an all-time high of 21.876 USD mn in 2000 and a record low of -31.438 USD mn in 2009. Ghana GH: Trade Balance: Advanced Economies: Cyprus data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.DOT: Trade Balance: by Country: Annual.

Ghana GH: Trade Balance data was reported at 455.786 USD mn in May 2018. This records a decrease from the previous number of 708.931 USD mn for Apr 2018. Ghana GH: Trade Balance data is updated monthly, averaging -21.769 USD mn from Jan 1960 (Median) to May 2018, with 638 observations. The data reached an all-time high of 2.331 USD bn in Nov 2012 and a record low of -658.990 USD mn in Jul 2008. Ghana GH: Trade Balance data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.DOT: Trade Balance: by Country: Monthly.

Ghana GH: Trade Balance: Advanced Economies: United Kingdom data was reported at -155.633 USD mn in Mar 2018. This records an increase from the previous number of -181.937 USD mn for Dec 2017. Ghana GH: Trade Balance: Advanced Economies: United Kingdom data is updated quarterly, averaging -16.008 USD mn from Mar 1960 (Median) to Mar 2018, with 215 observations. The data reached an all-time high of 108.839 USD mn in Mar 2003 and a record low of -379.335 USD mn in Sep 2016. Ghana GH: Trade Balance: Advanced Economies: United Kingdom data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.DOT: Trade Balance: by Country: Quarterly.

Ghana GH: Trade Balance data was reported at 1.100 USD bn in Mar 2018. This records an increase from the previous number of 100.191 USD mn for Dec 2017. Ghana GH: Trade Balance data is updated quarterly, averaging -57.303 USD mn from Mar 1960 (Median) to Mar 2018, with 215 observations. The data reached an all-time high of 3.336 USD bn in Dec 2012 and a record low of -1.413 USD bn in Jun 2008. Ghana GH: Trade Balance data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.DOT: Trade Balance: by Country: Quarterly.