Ghana Trade Balance

2005 - 2024 | Monthly | USD mn | CEIC Data

Key information about Ghana's Trade Balance

  • Ghana's Trade Balance recorded a surplus of 542.1 USD mn in Oct 2024, compared with a surplus of 479.0 USD mn in the previous month
  • Ghana's Trade Balance data is updated monthly, available from Mar 2005 to Oct 2024, with an averaged value of -86.0 USD mn
  • The data reached an all-time high of 682.3 USD mn in Aug 2024 and a record low of -733.1 USD mn in Oct 2013
The Bank of Ghana provides monthly Trade Balance in USD.

Further information about Ghana's Trade Balance

  • In the latest reports, Ghana's Total Exports reached 1.8 USD bn in Oct 2024, an increase of 2.3% YoY (year-on-year)
  • Total Imports recorded 1.3 USD bn in Oct 2024, an increase of 2.3% YoY (year-on-year)

View Ghana's Trade Balance from Mar 2005 to Oct 2024 in the chart:

Ghana Trade Balance

What was Ghana's Trade Balance in Oct 2024?

Ghana's Trade Balance recorded a surplus of 542.1 USD mn in Oct 2024, compared with a surplus of 479.0 USD mn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
542.1 Oct 2024 479.0 Sep 2024 -733.1 Oct 2013 682.3 Aug 2024 USD mn monthly Mar 2005 - Oct 2024

Trade Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) -568.9 Dec 2024 monthly Oct 1998 - Dec 2024
Algeria (USD mn) -274.8 Mar 2020 monthly Jan 2000 - Mar 2020
Argentina (USD mn) 1,017.6 Dec 2024 monthly Jan 1991 - Dec 2024
Armenia (USD mn) -374.1 Dec 2024 monthly Nov 1995 - Dec 2024
Australia (USD mn) 3,220.8 Dec 2024 monthly Jul 1971 - Dec 2024
Austria (USD mn) -201.5 Nov 2024 monthly Jan 1957 - Nov 2024
Azerbaijan (USD mn) -700.0 Dec 2024 monthly Jan 2000 - Dec 2024
Bahrain (USD mn) 4,501.7 2023 yearly 1966 - 2023
Bangladesh (USD mn) -1,555.5 Nov 2024 monthly Jul 1986 - Nov 2024
Belarus (USD mn) -360.8 Nov 2024 monthly Jan 2000 - Nov 2024
Belgium (USD mn) 583.0 Nov 2024 monthly Jan 1993 - Nov 2024
Bolivia (USD mn) -46.9 Nov 2024 monthly Oct 1994 - Nov 2024
Bosnia and Herzegovina (USD mn) -571.8 Dec 2024 monthly Jan 2000 - Dec 2024
Botswana (USD mn) -502.7 Nov 2024 monthly Jan 2001 - Nov 2024
Brazil (USD mn) 2,164.3 Jan 2025 monthly Jan 1959 - Jan 2025
Brunei (USD mn) 321.0 Nov 2024 monthly Jan 2010 - Nov 2024
Bulgaria (USD mn) -969.8 Nov 2024 monthly Jan 1995 - Nov 2024
Cambodia (USD mn) -289.8 Dec 2024 monthly Jun 2013 - Dec 2024
Canada (USD mn) 497.1 Dec 2024 monthly Jan 1988 - Dec 2024
Chile (USD mn) 3,376.5 Jan 2025 monthly Jan 1968 - Jan 2025
China (USD mn) 104,837.9 Dec 2024 monthly Jan 1992 - Dec 2024
Colombia (USD mn) -1,178.2 Dec 2024 monthly Jan 1958 - Dec 2024
Croatia (USD mn) -1,379.3 Nov 2024 monthly Jan 1993 - Nov 2024
Cyprus (USD mn) -659.7 Sep 2024 monthly Jan 1957 - Sep 2024
Czech Republic (USD mn) 2,310.1 Dec 2024 monthly Jan 1996 - Dec 2024
Denmark (USD mn) 3,687.6 Nov 2024 monthly Jan 1997 - Nov 2024
Ecuador (USD mn) 487.9 Nov 2024 monthly Mar 1992 - Nov 2024
Egypt (USD mn) -4,151.0 Dec 2024 monthly Jan 1957 - Dec 2024
Estonia (USD mn) -175.9 Nov 2024 monthly Jan 1993 - Nov 2024
European Union (USD mn) 11,366.9 Nov 2024 monthly Jan 2002 - Nov 2024
Finland (USD mn) 138.1 Nov 2024 monthly Jan 1992 - Nov 2024
France (USD mn) -4,089.3 Dec 2024 monthly Jan 2000 - Dec 2024
Georgia (USD mn) -1,106.1 Dec 2024 monthly Jan 1995 - Dec 2024
Germany (USD mn) 21,677.0 Dec 2024 monthly Jan 1957 - Dec 2024
Ghana (USD mn) 542.1 Oct 2024 monthly Mar 2005 - Oct 2024
Greece (USD mn) -3,240.7 Dec 2024 monthly Jan 2002 - Dec 2024
Hong Kong SAR, China (USD mn) -4,437.8 Dec 2024 monthly Jan 1957 - Dec 2024
Hungary (USD mn) 405.4 Dec 2024 monthly Jan 1976 - Dec 2024
Iceland (USD mn) -147.7 Jan 2025 monthly Jan 1957 - Jan 2025
India (USD mn) -21,940.0 Dec 2024 monthly Jan 1957 - Dec 2024
Indonesia (USD mn) 3,451.8 Jan 2025 monthly Jan 1967 - Jan 2025
Iran (USD mn) 31,327.0 2023 yearly 1948 - 2023
Ireland (USD mn) 10,843.5 Oct 2024 monthly Jan 1970 - Oct 2024
Israel (USD mn) -4,294.9 Dec 2024 monthly Jan 1988 - Dec 2024
Italy (USD mn) 4,085.9 Nov 2024 monthly Jan 1993 - Nov 2024
Ivory Coast (USD mn) 212.9 Oct 2024 monthly Jan 1981 - Oct 2024
Japan (USD mn) -214.3 Dec 2024 monthly Apr 1995 - Dec 2024
Jordan (USD mn) -1,236.9 Nov 2024 monthly Jan 1972 - Nov 2024
Kazakhstan (USD mn) 243.3 Nov 2024 monthly Sep 1995 - Nov 2024
Kenya (USD mn) -1,095.4 Nov 2024 monthly Oct 1992 - Nov 2024
South Korea (USD mn) -1,887.0 Jan 2025 monthly Jan 1966 - Jan 2025
Kosovo (USD mn) -492.9 Dec 2024 monthly Jan 2003 - Dec 2024
Kuwait (USD mn) 2,745.4 Sep 2024 monthly Jan 1993 - Sep 2024
Kyrgyzstan (USD mn) -538.2 Nov 2024 monthly Jan 2002 - Nov 2024
Laos (USD mn) 178.6 Sep 2024 quarterly Dec 1992 - Sep 2024
Latvia (USD mn) -132.6 Nov 2024 monthly Jan 1995 - Nov 2024
Lebanon (USD mn) -1,062.6 Dec 2023 monthly Jan 1993 - Dec 2023
Lithuania (USD mn) -682.6 Dec 2024 monthly Jan 1999 - Dec 2024
Luxembourg (USD mn) -767.9 Nov 2024 monthly Jan 1988 - Nov 2024
Macau SAR, China (USD mn) -1,257.9 Dec 2024 monthly Jan 1998 - Dec 2024
North Macedonia (USD mn) -388.4 Dec 2024 monthly Dec 1993 - Dec 2024
Malawi (USD mn) -152.1 Nov 2024 monthly Jan 1964 - Nov 2024
Malaysia (USD mn) 3,061.5 Dec 2024 monthly Jan 1990 - Dec 2024
Malta (USD mn) -144.7 Nov 2024 monthly Jan 1960 - Nov 2024
Mauritius (USD mn) -399.2 Nov 2024 monthly Jan 2006 - Nov 2024
Mexico (USD mn) -684.1 Dec 2024 monthly Jan 1993 - Dec 2024
Moldova (USD mn) -575.5 Dec 2024 monthly Jan 1992 - Dec 2024
Mongolia (USD mn) 159.3 Dec 2024 monthly Jan 1997 - Dec 2024
Montenegro (USD mn) -297.4 Dec 2024 monthly Jan 2005 - Dec 2024
Morocco (USD mn) -3,067.2 Dec 2024 monthly Jan 1957 - Dec 2024
Mozambique (USD mn) 106.5 Jun 2024 monthly Jan 2011 - Jun 2024
Myanmar (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Nepal (USD mn) -992.9 Jan 2025 monthly Aug 1974 - Jan 2025
Netherlands (USD mn) 10,772.5 Dec 2024 monthly Jan 1996 - Dec 2024
New Zealand (USD mn) 125.7 Dec 2024 monthly Jan 1960 - Dec 2024
Nigeria (USD mn) 1,027.6 Sep 2024 monthly Jan 2003 - Sep 2024
Norway (USD mn) 7,413.9 Dec 2024 monthly Jan 1957 - Dec 2024
Oman (USD mn) 1,456.4 Nov 2024 monthly Jan 1975 - Nov 2024
Pakistan (USD mn) -2,475.2 Dec 2024 monthly Jan 1968 - Dec 2024
Palestinian Territory (USD mn) -364.2 Nov 2024 monthly Jan 2011 - Nov 2024
Panama (USD mn) -994.3 Nov 2024 monthly Jan 1964 - Nov 2024
Paraguay (USD mn) -368.8 Dec 2024 monthly Jan 1994 - Dec 2024
Peru (USD mn) 2,424.4 Nov 2024 monthly Jan 1985 - Nov 2024
Philippines (USD mn) -4,135.8 Dec 2024 monthly Jan 1957 - Dec 2024
Poland (USD mn) -1,121.7 Nov 2024 monthly Jan 1986 - Nov 2024
Portugal (USD mn) -2,657.5 Nov 2024 monthly Jan 1957 - Nov 2024
Qatar (USD mn) 5,062.9 Dec 2024 monthly Jan 2014 - Dec 2024
Romania (USD mn) -3,013.9 Nov 2024 monthly Aug 1990 - Nov 2024
Russia (USD mn) 9,758.0 Oct 2024 monthly Jan 1998 - Oct 2024
Saudi Arabia (USD mn) 113,078.6 2023 yearly 1957 - 2023
Serbia (USD mn) -1,340.6 Dec 2024 monthly Jan 2001 - Dec 2024
Singapore (USD mn) 2,854.2 Dec 2024 monthly Jan 1976 - Dec 2024
Slovakia (USD mn) -733.6 Dec 2024 monthly Jan 2004 - Dec 2024
Slovenia (USD mn) -924.0 Dec 2024 monthly Nov 1991 - Dec 2024
South Africa (USD mn) 848.6 Dec 2024 monthly Oct 2004 - Dec 2024
Spain (USD mn) -5,923.4 Nov 2024 monthly Dec 1974 - Nov 2024
Sri Lanka (USD mn) -822.7 Dec 2024 monthly Jan 1982 - Dec 2024
Sudan (USD mn) -829.9 Dec 2022 monthly Jan 2003 - Dec 2022
Sweden (USD mn) 564.4 Dec 2024 monthly Jan 1957 - Dec 2024
Switzerland (USD mn) 3,564.9 Dec 2024 monthly Jan 1957 - Dec 2024

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Ghana Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.5 Jun 2024 quarterly Dec 2008 - Jun 2024
Consolidated Fiscal Balance (USD mn) -305.529 Jun 2024 monthly Jan 2008 - Jun 2024
Tax Revenue (USD mn) 776.284 Jun 2024 monthly Jan 2008 - Jun 2024
Tax Revenue: % of GDP (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Government Debt: % of GDP (%) 72.3 2023 yearly 2006 - 2023
Forecast: Government Expenditure (GHS bn) 408.854 2029 yearly 1980 - 2029
Forecast: Government Net Debt (GHS bn) 1,296.452 2029 yearly 1990 - 2029
Forecast: Government Revenue (GHS bn) 349.498 2029 yearly 1982 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.394 2028 yearly 1980 - 2028
Trade Balance (USD mn) 542.1 Oct 2024 monthly Mar 2005 - Oct 2024
Total Exports (USD mn) 1,842.1 Oct 2024 monthly Jan 2010 - Oct 2024
Total Exports Growth (%) 19.0 Oct 2024 monthly Jan 2011 - Oct 2024
Aluminum: Exports (USD th) 103,616.725 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 11,448.519 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 382.361 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,300.0 Oct 2024 monthly Mar 2005 - Oct 2024
Total Imports Growth (%) 2.3 Oct 2024 monthly Mar 2006 - Oct 2024
Imports: Medicament (USD th) 158,976.676 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 83,941.840 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 40.580 Oct 2024 monthly Feb 1985 - Oct 2024
Total Imports from USA (USD mn) 98.074 Oct 2024 monthly Jun 1995 - Oct 2024
Total Exports to China (USD mn) 129.865 Oct 2024 monthly May 1995 - Oct 2024
Total Imports from China (USD mn) 388.099 Oct 2024 monthly Jun 1986 - Oct 2024
Export Value Index (2015=100) 142.693 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 84.815 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 97.296 2021 yearly 1980 - 2021
Import Value Index (2015=100) 101.215 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -4.7 Mar 2024 quarterly Mar 2011 - Mar 2024
Current Account Balance (USD mn) 998.5 Jun 2024 quarterly Mar 2005 - Jun 2024
Current Account Balance: % of GDP (%) 5.6 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment (USD mn) 380.3 Mar 2024 quarterly Mar 2011 - Mar 2024
Foreign Direct Investment: % of GDP (%) 1.8 Mar 2024 quarterly Mar 2011 - Mar 2024
Foreign Portfolio Investment (USD mn) -308.059 Dec 2021 quarterly Mar 2011 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) 0.0 Mar 2024 quarterly Mar 2011 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -9.3 2023 yearly 1975 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 13.739 Mar 2024 quarterly Mar 2011 - Mar 2024
External Debt (USD mn) 27,908.7 Oct 2024 monthly Jan 2012 - Oct 2024
External Debt: % of GDP (%) 39.5 2023 yearly 1999 - 2023
Forecast: Current Account Balance (USD bn) -2.128 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -23,941.736 2023 yearly 2006 - 2023
BoP: Financial Account: Financial Derivatives & Employee Stock Options: Assets (USD mn) 138.453 Mar 2024 quarterly Mar 2021 - Mar 2024
BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liabilit... (USD mn) 111.654 Mar 2024 quarterly Mar 2021 - Mar 2024
BoP: Financial Account: Portfolio Investment: Assets (USD mn) -63.908 Mar 2024 quarterly Mar 2021 - Mar 2024
BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 26.798 Mar 2024 quarterly Mar 2021 - Mar 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 24.3 Aug 2024 monthly Dec 2005 - Aug 2024
Non-Performing Loans (USD mn) 1,397.674 Jun 2024 quarterly Mar 2008 - Jun 2024
Money Supply M1 (USD mn) 9,768.702 Sep 2024 quarterly Mar 1990 - Sep 2024
Money Supply M2 (USD mn) 14,509.715 Sep 2024 quarterly Mar 1990 - Sep 2024
M2 Growth (%) 44.5 Sep 2024 quarterly Mar 1991 - Sep 2024
Foreign Exchange Reserves (USD mn) 3,368.9 Jan 2024 monthly Jan 1965 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 3.820 Dec 2023 quarterly Dec 2006 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 2.4 Jan 2024 monthly Mar 2005 - Jan 2024
Gold Reserves (Metric Ton) 1,000.000 2024 yearly 2008 - 2024
Total Deposits (USD mn) 16,798.963 Oct 2024 monthly Jan 1999 - Oct 2024
Total Deposits Growth (%) 38.9 Oct 2024 monthly Jan 2000 - Oct 2024
Domestic Credit (USD mn) 18,658.7 Nov 2024 monthly Jan 1967 - Nov 2024
Domestic Credit Growth (%) 18.8 Nov 2024 monthly Jan 1968 - Nov 2024
Total Loans (USD mn) 5,796.138 Oct 2024 monthly Jan 1999 - Oct 2024
Total Loans Growth (%) 28.50 Oct 2024 monthly Jan 2000 - Oct 2024
Private Debt: % of Nominal GDP (%) 8.99 Sep 2024 quarterly Dec 2006 - Sep 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 14.4 Aug 2024 monthly Dec 2013 - Aug 2024

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