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Ghana

Ghana ranked No. 80 in total trade value through February with a total of $299.9 million. Exports totaled $116.53 million and Imports totaled $183.37 million, a deficit of $66.85 million.

January – February 2019

Top Trading Ports

Total Trade: $299.9 million

RankPortTotal YTD
1Port of Long Beach $120,983,230
2Port of Newark $29,558,014
3Port of Houston $26,367,671
4Houston’s George Bush Intercontinental Airport, Texas $26,155,330
5Port of New York $20,484,144
6Port of Philadelphia $17,322,348
7Port of Savannah, Ga. $9,451,530
8Port of New Orleans $6,676,337
9Port of Charleston $5,753,168
10Port of Baltimore, Md. $5,701,141

U.S. trade with Ghana rose to $299.9 million through February

Ghana’s trade with the United States rose to $299.9 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 132.78 percent above its total trade during the same time period last year. Ghana’s exports increased 50.52 percent while imports rose 256.65 percent. The U.S. deficit with Ghana was $66.85 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Long Beach; No. 2 Port of Newark; No. 3 Port of Houston; No. 4 Houston’s George Bush Intercontinental Airport, Texas; and No. 5 Port of New York. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of New York No. 3 Port of Houston No. 4 Port of Savannah, Ga. and No. 5 Port of Baltimore, Md.. In the current time period, the top five accounted for 74.54 percent of Ghana’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Long Beach rose 45473 percent to $120.98 million.
    Exports rose 1734.23 percent to $2.32 million. Imports rose 85290 percent to $118.66 million.
  • Trade with No. 2 Port of Newark fell 28.05 percent to $29.56 million.
    Exports fell 39.3 percent to $3.28 million. Imports fell 26.34 percent to $26.28 million.
  • Trade with No. 3 Port of Houston rose 86.35 percent to $26.37 million.
    Exports rose 78.92 percent to $24.43 million. Imports rose 289.85 percent to $1.94 million.
  • Trade with No. 4 Houston’s George Bush Intercontinental Airport, Texas rose 569.53 percent to $26.16 million.
    Exports rose 609.44 percent to $26.11 million. Imports fell 78.18 percent to $49,468.
  • Trade with No. 5 Port of New York rose 31.58 percent to $20.48 million.
    Exports fell 5.99 percent to $14.1 million. Imports rose 1018.44 percent to $6.39 million.

Ghana ranked No. 80 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 105.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Ghana by value through February were the categories of Motor vehicles for transporting people; Meteorological, hydraulic and survey equipment; Poultry, fresh, chilled or frozen; Taps, cocks and valves for pipes, tanks; and Machinery for heating and sterilizing, respectively. They accounted for 43.48 percent of total exports to Ghana.

The value of the top five categories of U.S. imports from Ghana –– Oil; Cocoa Beans; Gasoline, other fuels; Cocoa Paste, Defatted or Not 1803; and Rubber –– accounted for 91.84 percent of all inbound shipments.

Looking more closely at U.S. exports to Ghana:

  • Motor vehicles for transporting people fell 11.29 percent compared to last year to $16.61 million.
  • Meteorological, hydraulic and survey equipment rose 6317.6 percent compared to last year to $15.87 million.
  • Poultry, fresh, chilled or frozen rose 4.98 percent compared to last year to $7.11 million.
  • Taps, cocks and valves for pipes, tanks rose 442.73 percent compared to last year to $5.85 million.
  • Machinery for heating and sterilizing rose 1828.5 percent compared to last year to $5.22 million.

Looking more closely at U.S. imports from Ghana:

  • Oil rose 237634 percent compared to last year to $118.58 million.
  • Cocoa Beans rose 4.88 percent compared to last year to $35.19 million.
  • Gasoline, other fuels totaled $5.99 million. The previous year, there were no imports in this category.
  • Cocoa Paste, Defatted or Not 1803 rose 49.18 percent compared to last year to $5.75 million.
  • Rubber fell 23.97 percent compared to last year to $2.89 million.

In the latest annual figures available, Ghana recorded $1.64 billion in trade with the United States. At year’s end, its were New York City; Houston; Los Angeles; Jacksonville/Tampa; and Philadelphia. Total U.S. exports to Ghana were $ 885.68 million and imports from Ghana were $749.97 million. The U.S. surplus with Ghana was $135.71 million.