Tag: Export
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Free Trade Agreements least benefit Ghana
Ghana has benefitted little from Free Trade Agreements (FTA) it has signed over the last decade. The development has also contributed to widening the country’s trade deficit recorded over the period. According to a latest research conducted by IMANI Africa, Ghana has made little use of agreements with other ECOWAS countries and the US. It…
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Ghana’s exports rise to $ 8.9 billion
Ghana is benefitting from increased revenue from her exports which is ultimately expected to reduce the country’s burden on imports and correct the Balance of Trade (B0T). The latest figures by the Bank of Ghana indicate that the country received 8.95 billion dollars from her exports in August 2017 compared to the estimated 7 billion…
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Non-traditional exports decline by 2.3% in 2016
Ghana’s Non-Traditional Exports for 2016, dropped by 2.3%. The figure dropped from 2.5 billion dollars in 2015 to 2.4 billion dollars between 2015 and 2016. Despite the drop within the twelve months period, the Non-Traditional exports contributed about 23 percent to total exports in 2016. The 2016 contribution represented an increase compared to the previous…