The latest trade report released by the Ghana Statistical Service (GSS) shows that Ghana spent GH¢250,172,638,366 on imports in 2024.
The total trade value for the fourth quarter was GH¢165.4 billion, comprising GH¢92.9 billion in exports and GH¢72.4 billion in imports.
This resulted in a trade surplus of GH¢20.5 billion.
Additionally, ten products accounted for 33.4% of all imports.
China maintained its position as Ghana’s largest import partner, increasing the value of imports from GH¢33.9 billion in 2023 to GH¢56.8 billion in 2024.
The highest import value was recorded for diesel, followed by light oils, motor spirit, and super.
Below is Ghana’s top 10 imports in 2024:
• Diesel – Automotive Gas Oil (AGO) for TOR – GH¢28.93 billion (11.6%)
• Light oils, motor spirit, super – GH¢24.12 billion (9.6%)
• Self-propelled bulldozers with a 360° revolving superstructure – GH¢6.20 billion (2.5%)
• Cement clinker – GH¢4.83 billion (1.9%)
• Used vehicles (1,500cc–3,000cc) – GH¢4.20 billion (1.7%)
• Cereal grains, worked but not rolled or flaked – GH¢3.37 billion (1.3%)
• Petroleum oils and oils obtained from bituminous minerals, crude – GH¢3.34 billion (1.3%)
• Medium oils, kerosene-type jet fuel (ATK) – GH¢3.16 billion (1.3%)
• Guts, bladders, and stomachs of animals (excluding fish) – GH¢2.69 billion (1.1%)
• Herbicides, anti-sprouting products, and plant-growth regulators – GH¢2.61 billion (1.0%)
Source: www.ghanaweb.com
