Tag: trade surplus
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Ghana’s Trade ‘Surplus’ Masks Inflation-Driven Economic Strain, Data Reveals
Ghana’s 2024 trade figures tell two conflicting stories: a glowing GH₵44.7 billion nominal surplus and a grim GH₵4.7 billion real deficit.
The stark discrepancy, revealed...
Ghana’s Trade Surplus Masks Underlying Deficit as Commodity Prices Fuel Export Boom
Ghana’s trade balance surged to a record GHȼ44.7 billion surplus in 2024, a dramatic leap from GHȼ5.3 billion the previous year, according to the...
Ghana Achieves Trade Surplus in Q2 2024, Fueled by Rising Gold Exports
Ghana’s total trade value for the second quarter (Q2) of 2024 stood at GH₵123.0 billion, comprising GH₵64.2billion in exports and GH₵58.8billion in imports.
The country...
Ghana Records GH₵11.5 Billion Trade Surplus in Q1 2024
According to the Ghana Statistical Service, Ghana recorded a trade surplus in the first quarter (Q1) of 2024. Specifically, a total of 59.5 billion...
Ghana’s trade surplus in first 2 months of 2023 hits US$752.8m
Ghana’s total import bill declined by 11.8 per cent year-on-year to US$2.0 billion, driven by compression in non-oil imports, Bank of Ghana Governor Ernest...
