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Ghana

Ghana ranked No. 81 in total trade value through June with a total of $982.12 million. Exports totaled $385.74 million and Imports totaled $596.37 million, a deficit of $210.63 million.

January – June 2019

Top Trading Ports

Total Trade: $982.12 million

RankPortTotal YTD
1Port of Long Beach $214,265,149
2Port of Newark $202,382,855
3Port of Houston $116,014,855
4Port of Philadelphia $86,109,279
5Port of New York $75,510,358
6Port of Bellingham, Wash. $41,110,961
7Port of Savannah, Ga. $40,807,427
8Houston’s George Bush Intercontinental Airport, Texas $39,563,885
9Port of New Orleans $23,628,814
10Port of Charleston $20,951,374

U.S. trade with Ghana rose to $982.12 million through June

Ghana’s trade with the United States rose to $982.12 million through the first six months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 40.3 percent above its total trade during the same time period last year. Ghana’s exports increased 5.39 percent while imports rose 78.54 percent. The U.S. deficit with Ghana was $210.63 million.

Through June, 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 Port of Philadelphia; 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 Houston No. 3 Port of Long Beach No. 4 Port of New York and No. 5 Port of New Orleans. In the current time period, the top five accounted for 70.69 percent of Ghana’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Long Beach rose 198.73 percent to $214.27 million.
    Exports rose 361.37 percent to $4.06 million. Imports rose 196.71 percent to $210.21 million.
  • Trade with No. 2 Port of Newark rose 8.57 percent to $202.38 million.
    Exports fell 21.3 percent to $13.9 million. Imports rose 11.69 percent to $188.48 million.
  • Trade with No. 3 Port of Houston rose 56.67 percent to $116.01 million.
    Exports rose 60.06 percent to $112.83 million. Imports fell 10.41 percent to $3.19 million.
  • Trade with No. 4 Port of Philadelphia rose 224.2 percent to $86.11 million.
    Exports fell 17.65 percent to $754,865. Imports rose 232.84 percent to $85.35 million.
  • Trade with No. 5 Port of New York rose 31.35 percent to $75.51 million.
    Exports fell 6.6 percent to $51.87 million. Imports rose 1110.57 percent to $23.64 million.

Ghana ranked No. 81 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 87.

Meanwhile, total U.S. trade with the world increased to $2.06 trillion, down 0.14 percent compared to the same period last year. The nation’s exports dropped 0.75 percent to $823.61 billion; imports climbed 0.28 percent to $1.24 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $412.15 billion, up compared to the same period of last year when the deficit was $402.47 billion.

The top five U.S. exports to Ghana by value through June were the categories of Motor vehicles for transporting people; Chicken and other poultry; Gasoline, other fuels; Plastics; and Meteorological, hydraulic and survey equipment, respectively. They accounted for 37.51 percent of total exports to Ghana.

The value of the top five categories of U.S. imports from Ghana –– Oil; Cocoa Beans; Cocoa Paste, Defatted or Not 1803; Rubber; and Cocoa powder, not sweetened –– accounted for 91.03 percent of all inbound shipments.

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

  • Motor vehicles for transporting people fell 12.82 percent compared to last year to $61.57 million.
  • Chicken and other poultry rose 41.28 percent compared to last year to $27.56 million.
  • Gasoline, other fuels fell 27.45 percent compared to last year to $23.05 million.
  • Plastics rose 378.65 percent compared to last year to $16.34 million.
  • Meteorological, hydraulic and survey equipment rose 591.32 percent compared to last year to $16.18 million.

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

  • Oil rose 159.3 percent compared to last year to $348.16 million.
  • Cocoa Beans rose 65.61 percent compared to last year to $157.88 million.
  • Cocoa Paste, Defatted or Not 1803 rose 5.05 percent compared to last year to $19.87 million.
  • Rubber rose 7.79 percent compared to last year to $10.83 million.
  • Cocoa powder, not sweetened rose 17.45 percent compared to last year to $6.12 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.