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

- Chat OEC
  New
- Company Explorer
  PREMIUM
- Trend Explorer
  PRO
- - Tree map
  - Stacked
  - Network
  - Map
  - Scatter
- Data Availability
- - API Documentation
    PRO
  - Notebooks
  - Data Explorer
    PRO
- - Bill of Lading
    PREMIUM
  - National Datasets
    PREMIUM
  - Product Datasets
  - International Datasets
- - ECI Countries (2022)
  - PCI Products (2022)
  - ECI, PCI (1964-2017)
- - Pick 5
  - Connectrade
  - Tradle
  - Trivia
- - Store

Pricing

United States (USA) and Ghana (GHA) Trade

2022

→

Exports $938MRnk 82 / 219

2022

→

About

United States-Ghana Trade: In 2022, United States exported $938M to Ghana. The main products that United States exported to Ghana were Cars ($130M), Petroleum Gas ($95.2M), and Refined Petroleum ($87M). Over the past 5 years the exports of United States to Ghana have increased at an annualized rate of 0.85%, from $899M in 2017 to $938M in 2022.

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

Ghana-United States Trade: 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). Over the past 5 years the exports of Ghana to United States have increased at an annualized rate of 30.5%, from $747M in 2017 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 1.47), and 2 in total exports ($1.95T). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

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

August, 2024

About

Overview In August 2024, United States exported $83.7M and imported $103M from Ghana, resulting in a negative trade balance of $18.9M. Between August 2023 and August 2024 the exports of United States have increased by $19.4M (30.2%) from $64.3M to $83.7M, while imports decreased by $-135M (-56.9%) from $238M to $103M.

Trade In August 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 August 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 August 2024 the exports of United States were mainly from Texas ($29.8M), Georgia ($8.16M), North Carolina ($6.95M), New York ($5.78M), and New Jersey ($4.03M), while imports destinations were mainly New Jersey ($79.7M), New York ($6.25M), Illinois ($5.62M), Florida ($3.33M), and Maryland ($2.22M).

Growth In August 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 ($407k or 194%). In August 2024, the decrease in United States's year-by-year imports from Ghana was explained primarily by an decrease in product imports in Crude Petroleum ($-167M or -83.1%), Commodities not elsewhere specified ($-741k or -60.6%), and Other Pure Vegetable Oils ($-327k or -63.6%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (August 2023 - August 2024)$19.4M(30.2%)

IMPORT GROWTH (August 2023 - August 2024)$-135M(-56.9%)

MAIN EXPORTER (August 2024)Texas$29.8M

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

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

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 5 years the exports of United States to Ghana have increased at an annualized rate of 0.85%, from $899M in 2017 to $938M in 2022.

In 2017, 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 5 years the exports of Ghana to United States have increased at an annualized rate of 30.5%, from $747M in 2022 to $2.83B in 2017.

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 2022, countries that imported more from United States than Ghana included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Ghana than United States included 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 2017, Ghana had a large net trade with United States in the exports of Mineral Products ($2.36B), Foodstuffs ($313M), and Textiles ($41.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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.

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Year

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 () and Ghana () (2022)

Keep Exploring

United States
Gabon
United States
Guinea
Saint Vincent and the Grenadines
Ghana
British Virgin Islands
Ghana

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world

Follow @OECtoday on

Created, Designed, and Developed by:

In collaboration with

About the OEC Privacy Policy Terms