Here are the Top 5 Import Origins of Ghana:
Rank 5. The Netherlands (5.0%)
- The Netherlands and Ghana have maintained uninterrupted diplomatic relations since 1701. The strong historical and cultural ties between Ghana and the Netherlands mainly focus on the Dutch cultural heritage in Ghana. In partnership with a range of other parties, the Netherlands has restored a fort and several houses of Dutch origin, notably in the village of Elmina. Activities in Ghana are funded from the Ministry of Foreign Affairs cultural program. Dutch civil society is actively involved in promoting Ghana’s development. Within its co-financing framework, the Dutch government funds 11 alliances of Dutch.
Rank 4. The United Kingdom (5.0%)
- Trade relations between UK and Ghana is being facilitated by the UK Trade & Investment (UKTI) section of the British High Commission, a section dedicated to helping UK companies succeed in Ghana. UKTI Ghana helps companies in Britain increase their competitiveness through overseas trade in Ghana.
Rank 3. Belgium-Luxembourg (5.2%)
- Belgium-Luxembourg is the top exporter of Frozen Vegetables, Photographic Film, Iron Sheet Piling, Looms, Antifreeze, Zinc Oxide and Peroxide, Video Cameras, Hydrogen peroxide, Vegetable and Mineral Carvings, and Felt Carpets.
Rank 2. United States (9.6%)
- Ghana is currently U.S. 91st largest goods trading partner with $1.4 billion in total (two way) goods trade during 2013. Goods exports totaled $1.1 billion; Goods imports totaled $366 million. The U.S. goods trade surplus with Ghana was $701 million in 2013. U.S. goods exports to Ghana in 2013 were $1.1 billion, down 19.3% ($255 million) from 2012. The top export categories (2-digit HS) in 2013 were: Vehicles ($266 million), Machinery ($200 million), Mineral Fuel (oil) ($110 million), Meat (poultry) ($83 million), and Cereals (rice) ($79 million). U.S. agricultural exports in 2013 were $190 million. Leading categories include: poultry meat ($83 million) and rice ($69 million). The U.S. and Ghana signed a Trade & Investment Framework Agreement (TIFA) in 1999. The fifth U.S.-Ghanaian TIFA Council Meeting was held in January 2008. Later that year, the United States and Mauritius launched bilateral investment treaty negotiations. That year, the U.S. and Ghana also opened exploratory discussions on the possibilities of negotiating a bilateral investment treaty (BIT).
Rank 1. China (20%)
- Ghanaian entrepreneurs have long been taking steps in the Chinese direction but cannot afford to lower their profit margins any more without deteriorating their quality of life. This is mainly due to the fact that African entrepreneurs do not operate far away from relatives and friends but have to attend to various social obligations in the extended family. However, having fine‐tuned their commercial strategies to the West African cultural and entrepreneurial context, local traders have an important advantage over the Chinese migrant entrepreneurs – that is, the deep understanding of local consumer tastes and behaviors. Local importers still set general consumer trends while Chinese entrepreneurs only fulfill such a position in the low‐price segment of such commodities. Local traders additionally benefit from their ability to personalize economic relations, a strategy aimed at securing the continuing loyalty of regular customers, not least in the presence of cheaper competitors like the Chinese.