The Ghana Statistical Service (GSS) has revealed that in 2022 the country’s imports exceeded its exports by some 4.5 billion cedis.
In its latest 2022 trade vulnerability report, the statistical Service disclosed that In total, Ghana spent some 148.6 billion cedis on imports while raising Ghc144.1 billion cedis from exports in 2022.
The report also reveals that Ghana in 2022 imported from some 209 countries while exporting to only 161 countries…
Four countries (Switzerland, China, Canada and South Africa) accounts for over half of all exports in 2022 with six countries (China, UK, Netherlands, USA, India and Switzerland) being source of about half of all imports.
This is according to a latest trade vulnerability report by the Ghana Statistical Service which reveals Ghana’s 2022 imports exceeded exports by some 4.5 billion cedis.
The report which also disclosed that Ghana spent some 148.6 billion cedis on imports while raising 144.1 billion cedis from exports in 2022, adds that 2/3rds of all export revenue came from only two commodities, gold and oil.