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AGOA Status: Ghana is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements: The U.S. and Ghana signed a Trade & Investment Framework Agreement (TIFA) in 1999. The fifth U.S.-Ghanaian TIFA Council Meeting was held in January 2008. Later that year, the United States and Mauritius launched bilateral investment treaty negotiations. That year, the U.S. and Ghana also opened exploratory discussions on the possibility of negotiating a bilateral investment treaty (BIT).
U.S. - Ghana Trade Facts
Ghana is currently our 91st largest goods trading partner with $1.2 billion in total (two way) goods trade during 2015. Goods exports totaled $887 million; goods imports totaled $309 million. The U.S. goods trade surplus with Ghana was $578 million in 2015.
According to the Department of Commerce, U.S. exports of goods to Ghana supported an estimated 5 thousand jobs in 2014 (latest data available).
Ghana was the United States' 82nd largest goods export market in 2015.
U.S. goods exports to Ghana in 2015 were $887 million, down 25% ($299 million) from 2014 but up 163% from 2005.
The top export categories (2-digit HS) in 2015 were: machinery ($271 million), vehicles ($161 million), mineral fuels ($63 million), plastics ($43 million), and electrical machinery ($43 million).
U.S. exports of agricultural products to Ghana totaled $76 million in 2015. Leading categories include: poultry ($41 million), wheat ($5 million), rice ($5 million), corn ($5 million), and prepared food ($4 million).
Ghana was the United States' 99th largest supplier of goods imports in 2015.
U.S. goods imports from Ghana totaled $309 million in 2015, up 14% ($38 million) from 2014, and up 95% from 2005.
The top import categories (2-digit HS) in 2015 were: cocoa ($218 million), special other (returns) ($20 million), wood and wood products ($20 million), vegetables (yams) ($8 million), and knit apparel ($6 million).
U.S. imports of agricultural products from Ghana totaled $239 million in 2015. Leading categories include: cocoa beans ($199 million), cocoa paste & cocoa butter ($19 million), fresh vegetables ($8 million), tree nuts ($5 million), and tropical oils ($2 million).
The U.S. goods trade surplus with Ghana was $578 million in 2015, a 36.8% decrease ($337 million) over 2014.
Data on U.S. FDI in Ghana are unavailable in 2014; it was $3.1 billion in 2013 (latest data available).
Ghana's FDI in the United States (stock) was $37 million in 2014, up 32.1% from 2013. The distribution of Ghana FDI in the United States is not available.
NOTE: No services trade data with Ghana are available.