Export of Goods Value from Ghana (1990-2023)

Export of Goods Value from Ghana (1990-2023)

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TGM StatBox. (2024). Export of Goods Value from Ghana (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Ghana
Published date: 2024
Note: Merchandise exports by product group – annual (Million US dollars), as defined by the World Trade Organization (WTO), measures the total value of goods exported from a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Ghana's export values expanded from $897 million in 1990 to $16.6 billion in 2023, reflecting the country's resource-driven economy. Gold and cocoa were key contributors, particularly in the 1990s and early 2000s. By 2011, exports reached $12.7 billion, bolstered by the discovery and export of oil.

Challenges in global commodity prices caused dips, notably in 2015 and 2020. However, recovery was evident post-2021, with exports rising to $17.4 billion in 2022, driven by higher gold prices and increased oil production. The slight dip in 2023 indicates potential pressures from global market conditions.

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