Overview In June 2023, Norway exported NOK119M and imported NOK2.36M from Ghana, resulting in a positive trade balance of NOK116M. Between June 2022 and June 2023 the exports of Norway have decreased by NOK-8.21M (-6.46%) from NOK127M to NOK119M, while imports increased by NOK1.2M (103%) from NOK1.16M to NOK2.36M.
Trade In June 2023, the top exports of Norway to Ghana were Fish (not marine mammals), crustaceans, molluscs... (NOK5.82M), Miscellaneous edible products and preparations (NOK2.46M), Organic chemicals (NOK1.66M), Dairy products and birds' eggs (NOK1.1M), and Manufactures of metals, n.e.s. (NOK1.02M). In June 2023 the top imports of Norway from Ghana were Machinery specialized for particular industries (NOK2.2M), Professional, scientific and controlling instruments and... (NOK389k), Articles of apparel and clothing accessories (NOK280k), Vegetables and fruit (NOK238k), and General industrial machinery and equipment, n.e.s.,... (NOK76k).
Growth In June 2023, the decrease in Norway's year-by-year exports to Ghana was explained primarily by an decrease in product exports in Chemical materials and products, n.e.s. (NOK-29.8M or -100%), Miscellaneous manufactured articles, n.e.s. (NOK-2.22M or -90.6%), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK-570k or -88.5%). In June 2023, the increase in Norway's year-by-year imports from Ghana was explained primarily by an increase in product imports in Miscellaneous edible products and preparations (NOK18k or 1.8k%), Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK18k or 69.2%), and Fixed vegetable fats and oils, crude,... (NOK15k or 68.2%).