United States (USA) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Pricing

United States (USA) and Ghana (GHA) Trade

2022

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Exports $938MRnk 82 / 219

2022

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About

United States-Ghana In 2022, United States exported $938M to Ghana. The main products that United States exported to Ghana are Cars ($130M), Petroleum Gas ($95.2M), and Refined Petroleum ($87M). During the last 27 years the exports of United States to Ghana have increased at an annualized rate of 6.76%, from $160M in 1995 to $938M in 2022.

In 2022, United States did not export any services to Ghana.

Ghana-United States In 2022, Ghana exported $2.83B to United States. The main products that Ghana exported to United States were Crude Petroleum ($2.36B), Cocoa Beans ($145M), and Cocoa Paste ($87.5M). During the last 27 years the exports of Ghana to United States have increased at an annualized rate of 10.3%, from $201M in 1995 to $2.83B in 2022.

In 2022, Ghana did not export any services to United States.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Ghana ranked 115 in the Economic Complexity Index (ECI -1.35), and 79 in total exports ($20B).

COMPANIES In 2023, leading companies such as BARRY CALLEBAUT USA LLC (182) were at the forefront of exporting goods from Ghana to the United States. Conversely, PLOT ENTERPRISE (156) and COCOA MARKETING COMPANY (GH) LTD (26) were notable for importing Ghana products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $106M and imported $125M from Ghana, resulting in a negative trade balance of $18.7M. Between January 2023 and January 2024 the exports of United States have increased by $64.1M (153%) from $41.9M to $106M, while imports increased by $46.3M (59%) from $78.4M to $125M.

Trade In January 2024, the top exports of United States to Ghana were Cars ($7.29M), Petroleum Coke ($5.91M), Poultry Meat ($4.35M), Ethylene Polymers ($2.57M), and Sulfate Chemical Woodpulp ($1.99M). In January 2024 the top imports of United States from Ghana were Crude Petroleum ($33.8M), Cocoa Beans ($12.5M), Cocoa Paste ($8.77M), Cocoa Powder ($6.94M), and Knit Sweaters ($2.76M).

Origins In January 2024 the exports of United States were mainly from Maine ($50M), Texas ($19.7M), Georgia ($5.8M), New York ($4.48M), and Maryland ($2.67M), while imports destinations were mainly New Jersey ($100M), Maryland ($5.08M), Pennsylvania ($3.94M), Florida ($3.41M), and South Carolina ($2.98M).

Growth In January 2024, the increase in United States's year-by-year exports to Ghana was explained primarily by an increase in product exports in Rubber Tires ($1.33M or 576%), Sulfate Chemical Woodpulp ($614k or 44.7%), and Aircraft Parts ($407k or 194%). In January 2024, the increase in United States's year-by-year imports from Ghana was explained primarily by an increase in product imports in Cocoa Beans ($9.3M or 295%), Cocoa Paste ($6.06M or 224%), and Cocoa Powder ($4.27M or 160%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$64.1M(153%)

IMPORT GROWTH (January 2023 - January 2024)$46.3M(59%)

MAIN EXPORTER (January 2024)Maine$50M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Ghana and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $938M to Ghana. The main products exported from United States to Ghana were Cars ($130M), Petroleum Gas ($95.2M), and Refined Petroleum ($87M). During the last 27 years the exports of United States to Ghana have increased at an annualized rate of 6.76%, from $160M in 1995 to $938M in 2022.

In 2022, Ghana exported $2.83B to United States. The main products exported from Ghana to United States were Crude Petroleum ($2.36B), Cocoa Beans ($145M), and Cocoa Paste ($87.5M). During the last 27 years the exports of Ghana to United States have increased at an annualized rate of 10.3%, from $201M in 1995 to $2.83B in 2022.

Exports from United States () to Ghana () (2022)

Exports from Ghana () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Ghana
Top DestinationUnited Arab Emirates$4.72B

This map shows whether countries import more from United States or Ghana. Each country is colored based on the difference in imports they receive from United States and Ghana or the difference in the growth in imports.

In 2021, countries that imported more from United States than Ghana were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Ghana than United States were Burkina Faso ($285M).

Difference in imports from Ghana () and United States () (2022)

Comparative Advantage United States - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between United States and Ghana by product, considering products traded by both, United States and Ghana.

During 2022, United States had a large net trade with Ghana in the exports of Transportation ($198M), Mineral Products ($194M), and Machines ($139M).

During 2022, Ghana had a large net trade with United States in the exports of Mineral Products ($2.36B), Foodstuffs ($313M), and Textiles ($41.3M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more United States has comparative advantage over Ghana. Similarly, the more yellow a dot/product is, the more Ghana has comparative advantage over United States.

Product Space of United States () and Ghana () (2022)

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