Ghana’s 2024 Trade Report – Gold, Cocoa, Oil & the Big Surplus

In 2024, Ghana recorded a massive GH₵ 44.7 billion trade surplus, largely fueled by three commodities—gold (~55%), crude oil (~18%), and cocoa (~8%)—which together made up ~79% of the nation’s exports.

On the other hand, imports were led by mineral fuels, machinery, vehicles, electronics, cereals, and pharmaceuticals. Top suppliers included China, India, Netherlands, USA, and Russia.

The Trade Vision blog offers a deep dive into Ghana’s trade flows, partner breakdown, and economic signals.