Abstract

The Ghana International Merchandise Trade Data 2022 serves a comprehensive repository of information detailing Ghana's imports and exports for the year 2022. The dataset's primary objectives include informing evidence-based policies and facilitating comprehensive research on trade dynamics. Sourced from the Customs Division of the Ghana Revenue Authority, the dataset follows the International Merchandise Trade Statistics Manual of the United Nations, ensuring methodological rigor. This structured dataset containing key indicators like trade values, partner countries, and commodity codes, presents an invaluable resource for understanding Ghana's trade patterns.

Geographic coverage

National coverage of all international trade with the rest of the world

Analysis unit

Countries, commodities

Universe

All exports and imports under the general trade system, as outlined in the International Merchandise Trade Statistics Manual of the United Nations.

Mode of data collection

Other [oth]

The share of total exports from European Union member states which goes to other EU countries underwent a decline from its early 2000s high point during the global financial crisis, great recession and Eurozone crisis(2007-2012), before rebounding back to around 62 percent of total exports in the early 2020s. This share is a good indicator of the relative importance of intra-EU trade, that is, trade governed by the "four freedoms" of the European Single Market (freedom of movement for goods, services, capital, and labor), vis-a-vis international trade with partners outside of the European Union.

It is worth keeping in mind that the United Kingdom, a key trading partner of many European Union countries, left the EU in 2020, meaning that the country was added to the extra-EU share. The fact that this did not have a notable effect on the share of exports going to extra-EU countries points to the declining relative importance of the UK as a trade partner for the EU.

The Atlas of Economic Complexity maintains trade data in multiple international classification systems. This data set contains trade flows classified via Harmonized System (HS) 2012. HS data offers a contemporary and detailed classification of goods, but covers a relatively short time period: Categorizes approximately 5,200 goods Coverage starts in year 2012 Categories break down to 1-, 2-, 4-, or 6-digit detail levels (though country reporting can be less reliable at the 6-digit level) Raw data on trade in goods is provided by United Nations Statistical Division (COMTRADE). The data is then cleaned by Growth Lab researchers using the Bustos-Yildirim Method which uses bilateral trade flows to account for inconsistent reporting and provides more reliable accounting. A data dictionary for this repository describing columns within these files can be found under "hs12_data_dictionary.csv".

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