Tag: import
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Ghana’s 2022 imports exceeded exports by GH₵4.5bn
Ghana faced a notable trade imbalance in 2022, as indicated by the inaugural Trade Vulnerability Report from the Ghana Statistical Service. The report reveals that the country’s imports exceeded its exports by GH₵4.5 billion, underscoring a significant economic challenge. The most striking contrast emerged in September, during which imports surpassed exports by over GHS4 billion.…
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Ghana’s imports drop marginally in 2017
Ghana’s imports have dropped marginally between 2016 and 2017, figures from the Bank of Ghana have shown. The country’s imports declined from 12.9 billion dollars in 2016 to 12.7 billion dollars in 2017. This translates into a drop of 1.7 percent within the one year period. Total exports also reached 13.7 billion dollars from 11…
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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…