2023
Exports
$15.6BWorld Rnk 10 / 167
Flag Rnk 1 / 1037
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$1.88MWorld Rnk 115 / 174
Flag Rnk 534 / 1177
2023
ECONOMIC COMPLEXITY of Ghana
-0.97Rnk 109 / 132

About

Exports In 2023, Ghana exported $15.6B in Gold, making it the 10th largest exporter of Gold in the world. At the same year, Gold was the 1st most exported product in Ghana. The main destination of Gold exports from Ghana are: Switzerland ($6.41B), United Arab Emirates ($4.88B), India ($1.85B), South Africa ($1.66B), and Turkey ($492M).

The fastest growing export markets for Gold of Ghana between 2022 and 2023 were Turkey ($483M), United Arab Emirates ($269M), and Uganda ($234M).

Imports In 2023, Ghana imported $1.88M in Gold, becoming the 115th largest importer of Gold in the world. At the same year, Gold was the 534th most imported product in Ghana. Ghana imports Gold primarily from: Argentina ($1.63M), United Arab Emirates ($225k), Australia ($18.6k), and Germany ($130).

The fastest growing import markets in Gold for Ghana between 2022 and 2023 were Argentina ($1.63M), United Arab Emirates ($225k), and Australia ($15.4k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$15.6B
IMPORTS (2023)$1.88M
NET TRADE (2023)$15.6B

In 2023, Ghana exported $15.6B in Gold. The main destinations of Ghana exports on Gold were Switzerland ($6.41B), United Arab Emirates ($4.88B), India ($1.85B), South Africa ($1.66B), and Turkey ($492M).

In 2023, Ghana imported $1.88M in Gold, mainly from Argentina ($1.63M), United Arab Emirates ($225k), Australia ($18.6k), and Germany ($130).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Ghana WERE (2022 - 2023):
Turkey$483M (5.31k%)
Uganda$234M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Ghana WERE (2022 - 2023):
India-$1.01B (-35.3%)
Switzerland-$11.2M (-0.17%)
United States-$9.23M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ghana's main exporting competitors in Gold were:
In 2023, Ghana's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $495M
TOP IMPORT POTENTIALBenin+ $144k

Gold’s highest export potential is India. With an export gap of $495M.   Gold’s highest import potential is Benin with an import gap of $144k.

See methodology.

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