In addition to revisions to source data for the November statistics, the seasonally adjusted goods data were revised for January through November so that the totals of the seasonally adjusted months equal the annual totals. Annual revisions: Each June, not seasonally adjusted goods data are revised to redistribute monthly data that arrived too late for inclusion in the month of transaction. Computer services consist of hardware- and software-related services and data processing services. Overall commodity exports from Ghana decreased by 1.93% compared to 2018. This adjustment for price change is done using the Fisher chain-weighted methodology. Goods are initially classified under the Harmonized Commodity Description and Coding System (Harmonized System), which is an internationally accepted standard for the commodity classification of traded goods. Services are shown in eleven broad categories. Exports to Europe were Lumber (Air Dried), Lumber (Kiln Dried), Sliced Veneer, Processed L/ Mouldings, Transport covers all modes of transportation, including air, sea, rail, road, space, and pipeline. The next release of the ITAs is scheduled for March 24, 2022. The deficit with China increased $6.0 billion to $34.1 billion in December. Export: 100%: Jan 2021 to . Ghana Imports - September 2022 Data - 2004-2021 Historical - October Forecast - Chart Ghana Imports Summary Forecast Stats Download Imports in Ghana increased to 1453.60 USD Million in June from 1351.70 USD Million in May of 2022. source: Bank of Ghana 1Y 5Y 10Y 25Y MAX Chart Compare Export API Embed Ghana Imports Ghana imports for 2021 was $22.13B, a 77.55% increase from 2020. Africa: Algeria, Angola, Benin, Botswana, British Indian Ocean Territories, Burkina Faso, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Comoros, Congo (Brazzaville), Congo (Kinshasa), Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, French Southern and Antarctic Lands, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mayotte, Morocco, Mozambique, Namibia, Niger, Nigeria, Reunion, Rwanda, St. Helena, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe. The United States, Turkey, India, Indonesia, and Belgium are the remaining suppliers. Pearls, Precious Stones & Metals (32.65%), Mineral Oils & Fuels (29.43%), Cocoa (15.70%), Ores, Slag & Ash (1.90%) and Edible Fruits & Nuts (1.80%) were the top 5 exports of Ghana in 2021. Intra-African exports were 16.6% of total exports in 2017, compared with 68.1% in Europe, 59.4% in Asia, 55.0% in America and 7.0% in Oceania. The interpolation methodology used by BEA is the modified Denton proportional first difference method. Such products constitute a significant part of all items covered in the selected classification code. Pharmaceutical preparations increased $1.0 billion. July 30, 2020. Along with the India Export Import data, InfodriveIndia also Aluminium Sheets And Circles Buyers Importers TradeFord is a growing Manufacturer Directory and B2B Marketplace connecting Global Aluminium Sheets And Circles Importers, Exporters, Suppliers, Traders and Manufacturers at a reliable, common platform. This change is also reflected in the 2021 export and import classification concordances that are released . The Census data only include imports of goods by U.S. military agencies that enter the U.S. customs territory. Undocumented shipments: Federal regulations require importers, exporters, or their agents to report all merchandise shipments above established exemption levels. International Trade Administration This statistic is not included in your account. Business travel covers goods and services acquired for use by persons whose primary purpose for travel is for business (including goods and services for which business travelers are reimbursed by employers). Trade surplus 1.9% of GDP The Bank of Ghana 's Summary of Economic and Financial Data for the first quarter of 2022, has revealed that Ghana's exports outweighed imports by $1.33 billion. - Includes (1) charges for the use of proprietary rights, such as patents, trademarks, copyrights, and franchises, and (2) charges for licenses to reproduce and/or distribute intellectual property embodied in produced originals (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). You need at least a Starter Account to use this feature. Industrial supplies and materials increased $0.5 billion. Rapid urbanization and gains in economic growth continue to stimulate an emerging middle class who embrace Western brands, products, and lifestyles. Goods by Selected Countries and Areas Census Basis (exhibits 14 and 14a). The most recent exports are led by Gold ($5.93B), Crude Petroleum ($2.71B), Cocoa Beans ($1.28B), Cocoa Paste ($414M), and Coconuts, Brazil Nuts, and Cashews ($361M). Annual Summary for 2021. Foods, feeds, and beverages decreased $1.1 billion. Exports of goods on a Census basis increased $329.6 billion. Euro Area: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain. The December figures show surpluses, in billions of dollars, with South and Central America ($5.4), Hong Kong ($1.9), Brazil ($1.2), Singapore ($0.8), and United Kingdom ($0.6). Services supplied by and to governments are classified to specific services categories when source data permit. Purchases can be either for own use or for gifts to others. Financial services increased $17.7 billion. Agricultural goods are defined by the U.S. Department of Agriculture (USDA) based on World Trade Organization guidance; they consist of non-fishery food products, raw fibers, feeds, and derivatives. Other revisions: For December and January statistical month releases, each prior month of the most recent full year is revised so that the totals of the seasonally adjusted months equal the annual totals. Show publisher information Year-over-year, the average goods and services deficit increased $9.9 billion from the three months ending in December 2020. The deflators are primarily based on the monthly price indexes published by the BLS using techniques developed for the NIPAs by BEA. Eritrea, Eswatini, Ethiopia, French Southern and Antarctic Lands, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali . and over 1Mio. Other business services increased $26.8 billion. Europe: Albania, Andorra, Armenia, Austria, Azerbaijan, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Georgia, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Kazakhstan, Kosovo, Kyrgyzstan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Moldova, Monaco, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Russia, San Marino, Serbia, Slovakia, Slovenia, Spain, Svalbard-Jan Mayen Island, Sweden, Switzerland, Tajikistan, Turkey, Turkmenistan, Ukraine, United Kingdom, Uzbekistan, Vatican City. Manufactured goods conform to the NAICS; they consist of goods that have been mechanically, physically, or chemically transformed. Ghana exports for 2021 was $23.21B, a 59.89% increase from 2020. Exports are valued at the f.a.s. Other petroleum products increased $18.2 billion. Exports increased $40.4 billion to $271.6 billion and imports increased $75.8 billion to $491.3 billion. Data are in current U.S. dollars. You can contact us for yearly, monthly or quarterly ghana trade statistics. They include government and non-government shipments of goods and exclude shipments between the United States and its territories and possessions; transactions with U.S. military, diplomatic, and consular installations abroad; U.S. goods returned to the United States by its Armed Forces; personal and household effects of travelers; and in-transit shipments. Real Goods in 2012 Dollars Census Basis (exhibit 11). Please do not hesitate to contact me. Ghana imports for 2020 was $12.46B, a 53.68% decline from 2019. December imports were $308.9 billion, $4.8 billion more than November imports. Data include projections. Dollars). Pharmaceutical preparations increased $24.1 billion. Imports from the United States ($156.6 million) constituted about eight percent of the total import value. Exports increased $394.1 billion or 18.5 percent. (not included elsewhere) - Consists of maintenance and repair services performed by residents of one country on goods that are owned by residents of another country. In 2021, 30.87 billion U.S. dollars of goods and services are expected to be imported into Ghana. See "U.S. Read more July 21, 2022 2021 NTEs Stats - General Performance NTE earnings for the period under review (January to December 2021) amounted to US$3.330 billion, reflecting an increase of. Ghana's imports of all types of fertilizers were $173 million in 2019, $109 million in 2020, and $79 million in 2021. However, quarterly statistics on goods on a BOP basis and on services that are seasonally adjusted by geography are shown in exhibit 20. Correspondingly, the volume of crude oil imports declined from 2,188,215 bbl in 2020 to 201,821 bbl. Gain industry specific insights through our trade intelligence platform. Import of goods to Ghana 2021 Published by Aaron O'Neill Aaron O'Neill Research expert covering historical data Get in touch with us now , Oct 26, 2022 The statistic shows the value of goods. Adjustments that exhibit significant seasonal patterns are seasonally adjusted. Advertising Information. With an estimated population ofroughly 31 million, Ghanas market remains relatively advanced compared to others in Africa, despite the significant dip in economic growth recorded in recent years, mainly because of the impact of the COVID-19 pandemic. You can only download this statistic as a Premium user. This site uses cookies to optimize functionality and give you the best possible experience. However, the customs value for imports for certain Canadian and Mexican goods is the point of origin in Canada or Mexico. Trade statistics in the Advance Report, released on average 24 to 26 calendar days after the end of the reference month, reflect nearly complete coverage of goods trade, while statistics in the FT-900, released on average 34 to 36 calendar days after the end of the reference month, reflect complete coverage. Learn more about how Statista can support your business. Revision procedure (goods on a BOP basis and services). The ideal entry-level account for individual users. For November 2021, unadjusted exports of goods were revised up $0.1 billion and unadjusted imports of goods were revised up less than $0.1 billion. Inland freight in Canada and Mexico - This addition is made for inland freight in Canada and Mexico. Imports of services increased $74.7 billion to $535.0 billion in 2021. ghana had a total export of 16,768,275.19 in thousands of us$ and total imports of 10,439,795.45 in thousands of us$ leading to a positive trade balance of 6,328,479.74 in thousands of us$ the effectively applied tariff weighted average (customs duty) for ghana is 10.02% and the most favored nation (mfn) weighted average tariff is 10.53%.the Because only goods trade on a Census basis by principal end-use category is available in the Advance Report, BEA applies adjustments, such as BOP and coverage adjustments, to the Advance Report statistics to produce detailed estimates for incorporation into the advance GDP estimate. U.S. exportsof agricultural andrelated products to Ghana in 2021 were $156.6 million, an increase of about 48.0 percent over the previous years value ($105.6 million). Orlando Family Magazine . A paid subscription is required for full access. Other revisions: The release for December statistical month contains revisions to goods for January through November of the most recent year; the release for January statistical month contains revisions to both goods and services for all months of the most recent year. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal. Other automotive parts and accessories increased $0.6 billion. The Census Bureau recommends that data users incorporate this information into their analyses, as nonsampling errors could impact the conclusion drawn from the results. Government goods and services n.i.e. Data are in current U.S. dollars. There is high demand for imported food products, especially intermediate, and consumer-ready products, due to limited selection of products provided by the underdeveloped domestic agricultural and food-processing sector. Exports of services increased $60.9 billion to $766.6 billion in 2021. They have a negligible effect on aggregate import, export, and balance of trade statistics. Data for U.S. exports to Canada are derived from import data compiled by Canada. December exports were $228.1 billion, $3.4 billion more than November exports. The code contains products whose technology is from a recognized high technology field (e.g., biotechnology). For total exports and imports, data users should refer to the by-commodity and by-service . The value of merchandise exports from Ghana totalled $ 16.7 billion in 2019. U.S. grocery items entering Ghana can be re-exported to neighboring West African countries(a market of over 400 million people). From 2015 most of the company's revenue came from selling access to . Total value of U.S. trade in goods worldwide 2004-2021, Total value of U.S. trade in goods with China 2011-2021, California's imports and exports of goods 2017-2021. Find your business prospects from our Ghana Trade Data 2021-22 and boost your market revenue. Net balance of payments adjustments decreased $0.2 billion. Medical equipment increased $12.3 billion. Corporate solution including all features. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $80.7 billion in December, up $1.4 billion from $79.3 billion in November, revised. The statistics provide detail on U.S. trade in services by type and by country and area and detail on services supplied through affiliates by industry and by country and area. Business travel also includes expenditures by border, seasonal, and other short-term workers in their economy of employment. This product- and commodity-based measure of advanced technology differs from broader NAICS-based measures, which include all goods produced by a particular industry group, regardless of the level of technology embodied in the goods.
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