Q2 2024: China remains Ghana’s largest importer – GSS
Gas oil and motor spirit super dominated Ghana’s imports market in the second quarter of 2024, according to the Ghana Statistical Service.
Together, the two commodities contributed 24.7% of the total import value of GH₵58.8 billion, at GH₵7.3 billion and GH₵7.2 billion, respectively.
China remained Ghana’s largest import partner, supplying GH₵12.3 billion worth of goods, or 20.9% of total imports.
The UAE ranked second with GH₵9.1 billion (15.4%), followed by the United Kingdom at GH₵5.2 billion (8.8%).
On the export side, Ghana's exports to the United Arab Emirates (UAE) reached GH₵15 billion in the same period, securing its position as the country’s top export destination,
The UAE accounted for 23.3% of Ghana's total exports during this period.
Switzerland followed closely behind with exports worth GH₵13.2 billion, making up 20.5% of the total, while South Africa ranked third with GH₵8.3 billion, representing 12.9%.
The Export and Import Unit Value Indices (UVIs) also highlighted significant price changes, with export prices surging 40.5% year-on-year, driven largely by rising gold prices. Meanwhile, import prices rose by 18.9%.
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