Import of Goods Value from Ghana (1990-2023)

Import of Goods Value from Ghana (1990-2023)

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TGM StatBox. (2024). Import of Goods Value from Ghana (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Ghana
Published date: 2024
Note: Merchandise imports by product group (Million US dollars), as defined by the World Trade Organization (WTO), refers to the total value of goods imported into a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Ghana’s imports have steadily risen from $1.2B in 1990 to $14.6B in 2022, showcasing its economic growth and increased reliance on external goods. The period from 2005 to 2008 saw notable growth, with imports rising from $5.3B to $10.2B, fueled by investments in infrastructure and growing demand for industrial goods.

After peaking at $17.7B in 2012, imports declined due to economic challenges and currency depreciation. Recent years, including $14.6B in 2022, reflect gradual recovery supported by international trade partnerships and infrastructure development. Ghana’s import trends highlight its growing economy and the importance of trade in supporting industrialization.

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