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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 81st largest goods trading partner with $1.6 billion in total (two way) goods trade during 2017. Goods exports totaled $860 million; goods imports totaled $750 million. The U.S. goods trade surplus with Ghana was $110 million in 2017.
According to the Department of Commerce, U.S. exports of goods to Ghana supported an estimated 5 thousand jobs in 2015 (latest data available).
Ghana was the United States' 83rd largest goods export market in 2017.
U.S. goods exports to Ghana in 2017 were $860 million, up 3.4% ($28 million) from 2016 and up 106.5% from 2007.
The top export categories (2-digit HS) in 2017 were: vehicles ($198 million), electrical machinery ($126 million), machinery ($106 million), mineral fuels ($89 million), and meat (poultry) ($53 million).
U.S. total exports of agricultural products to Ghana totaled $103 million in 2017. Leading domestic export categories include: poultry meat & prods. (ex. eggs) ($53 million), wheat ($23 million), rice ($9 million), prepared food ($5 million), and feeds & fodders nesoi ($2 million).
Ghana was the United States' 81st largest supplier of goods imports in 2017.
U.S. goods imports from Ghana totaled $750 million in 2017, up 133.6% ($429 million) from 2016, and up 277.4% from 2007.
The top import categories (2-digit HS) in 2017 were: mineral fuels ($426 million), cocoa ($224 million), special other (previously exported item) ($17 million), wood and wood products ($13 million), and rubber ($12 million).
U.S. total imports of agricultural products from Ghana totaled $265 million in 2017. Leading categories include: cocoa beans ($186 million), cocoa paste & cocoa butter ($37 million), rubber & allied products ($12 million), fresh vegetables ($9 million), and tree nuts ($7 million).
The U.S. goods trade surplus with Ghana was $110 million in 2017, a 78.5% decrease ($401 million) over 2016.
U.S. foreign direct investment (FDI) in Ghana (stock) was $1.7 billion in 2017, a 14.3% decrease from 2016. There is no information on the distribution of U.S. FDI in Ghana.
Ghana's FDI in the United States (stock) was $52 million in 2017. There is no information on the distribution of Ghana FDI in the U.S.
NOTE: No services trade data with Ghana are available.