Ghana Exports - September 2022 Data - 2004-2021 Historical - October Forecast - Chart Ghana Exports Exports in Ghana increased to 1584.70 USD Million in June from 1432.60 USD Million in May of 2022. source: Bank of Ghana 1Y 5Y 10Y 25Y MAX Chart Compare Export API Embed Ghana Exports Ghana's main exports are gold, cocoa beans and timber products. Combining trade into approximately 140 export and 140 import end-use categories makes it possible to examine goods according to their principal uses (see exhibits 7 and 8). () Statistical significance is not applicable or not measurable. Toys, games, and sporting goods increased $16.7 billion. This statistic is not included in your account. Data adjusted for seasonal variation on a real, or chained-dollar, basis (2012 reference year) are presented in exhibits 10 and 11. Seasonally adjusted data are also revised to reflect recalculated seasonal and trading-day adjustments. Exhibit 19 shows goods (Census basis) that are seasonally adjusted for selected countries and world areas. The statistics provide detail on U.S. trade in services by type and by country and area and detail on services supplied through affiliates by industry and by country and area. The code contains products whose technology is from a recognized high technology field (e.g., biotechnology). The interpolation methodology used by BEA is the modified Denton proportional first difference method. These categories are used as the basis for computing the seasonal and trading-day adjusted data. These adjusted data are then summed to the six end-use aggregates for publication (see exhibit 6). A locked padlock ) or https:// means youve safely connected to the .gov website. Insurance services - Includes the direct insurance services of providing life insurance and annuities, non-life (property and casualty) insurance, reinsurance, freight insurance, and auxiliary insurance services. However, in practice, data are not available to estimate inputs purchased by foreign contractors for projects in the United States, so BEA statistics on construction exports do not include this component. Imports of goods increased $501.8 billion to $2,852.6 billion in 2021. Quarterly revisions to chain-weighted dollar series: For March, June, September, and December statistical month releases, revisions are made to the real, or chained-dollar, series presented in exhibits 10 and 11: the previous five months are revised to incorporate the U.S. Bureau of Labor Statistics' (BLS) revisions to price indexes, which are used to produce the real series and to align Census data with data published by the U.S. Bureau of Economic Analysis (BEA) in the national income and product accounts (NIPAs). From 2015 most of the company's revenue came from selling access to . Monthly country and area detail is not available for goods on a BOP basis or for services. Fertilizers, pesticides, and insecticides decreased $0.7 billion. The deficit with South Korea increased $1.4 billion to $3.7 billion in December. For total exports and imports, data users should refer to the commodity-based totals shown in the other exhibits. The December figures show surpluses, in billions of dollars, with South and Central America ($5.4), Hong Kong ($1.9), Brazil ($1.2), Singapore ($0.8), and United Kingdom ($0.6). APDF readeris available from Adobe Systems Incorporated. The deficit with the European Union decreased $3.0 billion to $16.3 billion in December. Ghana's the Ministry of Trade and Industry has reiterated government's commitment to the National Export Development Strategy (NEDS) to boost export opportunities for local industries This comes on the back of President Akufo Addo's address to the nation on October 30 on the measures government is putting in place to save the ailing economy. Show publisher information The full economic effects of the pandemic cannot be quantified in the statistics because the impacts are generally embedded in source data and cannot be separately identified. Pacific Rim: Australia, Brunei, China, Hong Kong, Indonesia, Japan, Korea (South), Macau, Malaysia, New Zealand, Papua New Guinea, Philippines, Singapore, Taiwan. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $80.7 billion in December, up $1.4 billion from $79.3 billion in November, revised. Transport - Consists of transactions associated with moving people and freight from one location to another and includes related supporting and auxiliary services. Pay-per-View Subscribe to . Read more July 21, 2022 2021 NTEs Stats - General Performance NTE earnings for the period under review (January to December 2021) amounted to US$3.330 billion, reflecting an increase of. Exports of goods and services (% of GDP) - Ghana from The World Bank: Data. As a Premium user you get access to the detailed source references and background information about this statistic. According to the Bank of Ghana Statistical bulletin, the value of crude oil imports declined on a year-on-year basis, registering a 79.43 per cent decline from US$64.06 million in Q2 2020 to US$13.18 million in Q2 2021. Travel is a transactor-based component that covers a variety of goods and services, primarily lodging, meals, transportation in the country of travel, amusement, entertainment, and gifts. Other business services increased $26.8 billion. For imports from Canada and Mexico, this should be the cost of the goods at the U.S. border. Average exports increased $7.1 billion to $225.6 billion in December. Electric apparatus increased $16.2 billion. International Trade Administration
The ideal entry-level account for individual users. Postal and courier services and port services, which cover cargo handling, storage and warehousing, and other related transport services, are also included. Net balance of payments adjustments increased $4.9 billion. Get Sample ghana Export Import Data with major data fields such as HS Code, Product Name, Description, Country, Buyer, Seller Name, Ports and Shipping information. Create profitable strategy to import Crucible aluminium ceramic crucible in Ghana with Top Crucible aluminium ceramic crucible exporting importing countries, Top Crucible aluminium ceramic crucible importers & exporters based on 0 import shipment records till Nov - 22 with Ph, Email & Linkedin. Services supplied by and to governments are classified to specific services categories when source data permit. These data have been superseded. Goods are initially classified under the Harmonized Commodity Description and Coding System (Harmonized System), which is an internationally accepted standard for the commodity classification of traded goods. Other revisions: The release for December statistical month contains revisions to goods for January through November of the most recent year; the release for January statistical month contains revisions to both goods and services for all months of the most recent year. Official websites use .gov Re-exports, which are included in overall export totals, appear as separate line items in exhibit 15. Currently, you are using a shared account. Euro Area: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain. The description is composed by our digital data assistant. Medical equipment increased $12.3 billion. Monthly revisions: Each month, a preliminary estimate for the current month and a revised estimate for the immediately preceding month are released. Exim Trade Data provides accurate Ghana trade statistics based on Ghana Shipment Data, bills of lading and commercial invoices. Such products constitute a significant part of all items covered in the selected classification code. The deficit with Switzerland decreased $17.8 billion to $39.0 billion in 2021. We give free online sample [] "We continue to prioritise execution, efficiency and careful allocation of capital," said Chief Executive Officer Alberto Calderon. In addition, revisions are made to reflect corrections received subsequent to the monthly revisions. As a Premium user you get access to background information and details about the release of this statistic. Ghana exports for 2021 was $23.21B, a 59.89% increase from 2020. For 2021, the goods and services deficit was $859.1 billion, up $182.4 billion from $676.7 billion in 2020. Trade surplus 1.9% of GDP The Bank of Ghana 's Summary of Economic and Financial Data for the first quarter of 2022, has revealed that Ghana's exports outweighed imports by $1.33 billion. Trade (exports and imports) in Ghana Export and import prices Market trends, drivers and restraints . Data from China Customs shows that in 2021, Ghana imported various types of crane equipment from China worth US$5.32 million, an increase of 90.68% compared with the total import value of US$2.795 million in 2020. Additions for non-reported imports of locomotives and railcars from Canada and Mexico, non-reported imports of aircraft, imports of electric energy from Mexico, conversion of vessels for commercial use, valuation of software imports at market value, and low-value (below reporting threshold) transactions for 19992009 to phase in a revised Census Bureau low-value methodology that was implemented for goods on a Census basis beginning with statistics for 2010. The goods and services deficit was 3.7 percent of current-dollar gross domestic product in 2021, up from 3.2 percent in 2020. The seasonal adjustment procedure (X-13ARIMA-SEATS) is based on a model that estimates the monthly movements as percentages above or below the general level of series (unlike other methods that redistribute the actual series values over the calendar year). Identify the potential business opportunities in the global market with our expert intelligence reports. Civilian aircraft engines increased $0.6 billion. Additions for sales of fish caught in U.S. territorial waters, exports of electric energy to Mexico, private gift parcels, vessels and oil rigs for which ownership changes, valuation of software exports at market value, low-value (below reporting threshold) transactions for 19992009 to phase in a revised Census Bureau low-value methodology that was implemented for goods on a Census basis beginning with statistics for 2010, and, for periods prior to 2010, FMS goods exports reported to BEA by the U.S. Department of Defense. The most recent exports are led by Gold ($5.93B), Crude Petroleum ($2.71B), Cocoa Beans ($1.28B), Cocoa Paste ($414M), and Coconuts, Brazil Nuts, and Cashews ($361M). Data users should use caution drawing comparisons between the two sets of seasonally adjusted series. Information services include news agency services, database services, and web search portals. Get full access to all features within our Corporate Solutions. Furthermore, in terms of. Quarterly and annual statistics for goods on a BOP basis and for services are included in the U.S. international transactions accounts (ITAs), which are published by BEA in news releases in March, June, September, and December and in the Survey of Current Business in the January, April, July, and October issues. Full-text available Jul 2021 Abdul Wahab Memon Majid Hussain Phul Naseem Ahmed Kanhar View Show abstract . Unlike the seasonal adjustments by commodity and by service type that are applied to the global totals, these adjustments are developed and applied directly at the country and world area levels. You only have access to basic statistics. In 2021, Ghana imported about $1.9 billion in agricultural and related products. Ghana imports for 2019 was $26.91B, a 15.88% increase from 2018. Statista. - Includes goods and services supplied by and to enclaves, such as embassies, military bases, and international organizations; goods and services acquired from the host economy by diplomats, consular staff, and military personnel located abroad and their dependents; and services supplied by and to governments that are not included in other services categories.
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