Overview In February 2023, Belgium exported €59.9M and imported €8.74M from Ghana, resulting in a positive trade balance of €51.2M. Between February 2022 and February 2023 the exports of Belgium have decreased by €-11.9M (-16.6%) from €71.8M to €59.9M, while imports increased by €1.36M (18.4%) from €7.38M to €8.74M.
Trade In February 2023, the top exports of Belgium to Ghana were Mineral fuels, mineral oils and products... (€27.4M), Pharmaceutical products (€8.66M), Machinery, mechanical appliances, & parts (€5.56M), Cars, tractors, trucks & parts thereof. (€4.13M), and Meat & edible offal (€1.26M). In February 2023 the top imports of Belgium from Ghana were Cocoa & cocoa preparations (€3.83M), Animal or vegetable fats, oils, &... (€1.96M), Wood, wood articles, & charcoal (€336k), Copper articles (€88.7k), and Edible fruits, nuts & fruit peels (€79.8k).
Growth In February 2023, the decrease in Belgium's year-by-year exports to Ghana was explained primarily by an decrease in product exports in Beverages, spirits, & vinegar (€-548k or -47.1%), Live animals (€-365k or -87%), and Plastics & articles thereof (€-242k or -52%). In February 2023, the increase in Belgium's year-by-year imports from Ghana was explained primarily by an increase in product imports in Animal or vegetable fats, oils, &... (€1.38M or 235%), Wood, wood articles, & charcoal (€195k or 139%), and Edible fruits, nuts & fruit peels (€33.8k or 73.4%).