List of Ghana’s 2023 top 10 imports

Based on latest trade report released by the Ghana Statistical Service, I will share with you List of Ghana’s 2023 top 10 imports.

In the year 2023 alone, Ghana spent GH¢ 180.7 Billion on imports and the leading source of import was China, with an import value of GH₵33.9 billion.

India and the United Arab Emirates were also cited as primary sources of imports from Asia.

Shea nuts, second-hand vehicles, petroleum products (diesel, super, light oils), and cereal grains were some of the items Ghana imported the most in the year 2023.

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Newsghana24 highlights the commodities that made up Ghana’s top 10 imports in 2023:

Diesel – automotive gas oil (AGO)

The import value for this was pegged at GH₵27,124,156,236 with share of imports, 15.0%

Light oils, motor spirit, super

Its import value was estimated at GH₵22,306,927,869 with its share of imports representing 12.3%.

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Cement clinkers

Import value was GH₵3,181,100,871

. Medium oils, Kerosine type jet fuel (ATK)

Import value was GH₵2,775,951,499

Cereal grains. The import value was GH₵2,731,537,768

Secondhand vehicles with engine sizes ranging between 1500cc to 3000cc

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Import value for this goods was GH₵2,511,977,822

Herbicides, anti-sprouting products and plant-growth regulators

Import value was GH₵2,285,925,048

Self-propelled bulldozers

Import value was GH₵2,274,925,130

Rice, semi-milled or wholly milled rice, packaged 5kg or bulk

Import value was GH₵2,025,747,980

Shea nuts (karate nuts)

Import value cost GH₵2,018,979,619

All other products combined cost GH₵111,435,416,578, accounting for 61.7% of total imports.

Total imports in 2023 hit GH₵180,672,646,419 (100%).

In 2022, Ghana was the number 77 economy in the world in terms of GDP (current US$), the number 79 in total exports, the number 87 in total imports, the number 147 economy in terms of GDP per capita (current US$) and the number 122 most complex economy according to the Economic Complexity Index (ECI) .

EXPORTS

The top exports of Ghana are Gold ($9.53B), Crude Petroleum ($5.21B), Cocoa Beans ($1.08B), Coconuts, Brazil Nuts, and Cashews ($501M), and Cocoa Paste ($450M), exporting mostly to United Arab Emirates ($4.72B), Switzerland ($3.37B), United States ($2.83B), India ($2.04B), and China ($2.01B).

IMPORTS

The top imports of Ghana are Refined Petroleum ($1.79B), Coated Flat-Rolled Iron ($410M), Cars ($358M), Rice ($318M), and Special Purpose Ships ($314M), importing mostly from China ($7.91B), Netherlands ($1.26B), India ($1.01B), United States ($938M), and Cote d’Ivoire ($685M).

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