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2023
Flag → Flag
Exports $1.05BRnk 80 / 220
2023
Flag → Flag
Top Product $265MCars
2023
Flag → Flag
Exports $10.7BRnk 6 / 172
2023
Flag → Flag
Top Product $1.23BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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 GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$2,260CURRENT US$
Rnk 152 / 196
2013-2023
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GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195

About

United States-Ghana Trade: In 2023, United States exported $1.05B to Ghana. The main products that United States exported to Ghana were Cars ($265M), Refined Petroleum ($107M), and Crude Petroleum ($75.5M). Over the past 5 years the exports of United States to Ghana have increased at an annualized rate of 0.49%, from $1.03B in 2018 to $1.05B in 2023.

In 2023, United States did not export any services to Ghana.

Ghana-United States Trade: In 2023, Ghana exported $1.74B to United States. The main products that Ghana exported to United States were Crude Petroleum ($1.23B), Cocoa Beans ($154M), and Cocoa Paste ($68.7M). Over the past 5 years the exports of Ghana to United States have increased at an annualized rate of 22.7%,  from $625M in 2018 to $1.74B in 2023.

In 2023, Ghana did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Company data: In 2023, leading companies such as Barry Callebaut (7) and Chevron (3) were at the forefront of exporting goods from Ghana to the United States. Conversely, Plot Enterprise (6) and Other (4) were notable for importing products to Ghana from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $74.2M and imported $92.5M from Ghana, resulting in a negative trade balance of $18.3M. Between November 2023 and November 2024 the exports of United States have increased by $10.9M (17.3%) from $63.2M to $74.2M, while imports increased by $2.1M (2.33%) from $90.4M to $92.5M.

Trade In November 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 November 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 November 2024 the exports of United States were mainly from Texas ($20M), New York ($7.92M), Georgia ($6.29M), New Jersey ($5.48M), and Virginia ($3.49M), while imports destinations were mainly New Jersey ($61.2M), New York ($5.98M), Florida ($5.6M), California ($5.07M), and Maryland ($4.55M).

Growth In November 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 (gliders, balloons, and powered... ($407k or 194%). In November 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

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$10.9M(17.3%)
IMPORT GROWTH (November 2023 - November 2024)$2.1M(2.33%)
MAIN EXPORTER (November 2024)Texas$20M

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.

For full datasets download visit Bulk Download page.

Explore Ghana and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $1.05B to Ghana. The main products exported from United States to Ghana were Cars ($265M), Refined Petroleum ($107M), and Crude Petroleum ($75.5M). During the last 5 years the exports of United States to Ghana have increased at an annualized rate of 1.78%, from $4.97B in 2018 to $1.05B in 2023.

In 2018, Ghana exported $1.74B to United States. The main products exported from Ghana to United States were Crude Petroleum ($1.23B), Cocoa Beans ($154M), and Cocoa Paste ($68.7M). During the last 5 years the exports of Ghana to United States have increased at an annualized rate of 6.09%, from $7.95B in 2023 to $1.74B in 2018.

Exports from United States (Flag) to Ghana (Flag) (2023)

Exports from Ghana (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Ghana
Top DestinationSwitzerland$6.49B

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 2023, countries that imported more from United States than Ghana included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Ghana than United States included Burkina Faso ($574M), Mali ($165M), and Uganda ($237M).

Difference in imports from Ghana (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Ghana

Flow
Scale

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

During 2023, United States had a large net trade with Ghana in the exports of Transportation ($313M), Mineral Products ($251M), and Machines ($122M).

During 2018, Ghana had a large net trade with United States in the exports of Mineral Products ($1.23B), Foodstuffs ($313M), and Vegetable Products ($43.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Ghana+$91MRefined Petroleum
Top Product Potential Ghana United States+$824MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Ghana. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Ghana (Flag) (2023)

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