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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 $1.4 billion in total (two way) goods trade during 2013. Goods exports totaled $1.1 billion; Goods imports totaled $366 million. The U.S. goods trade surplus with Ghana was $701 million in 2013.
Ghana was the United States' 75th largest goods export market in 2013.
U.S. goods exports to Ghana in 2013 were $1.1 billion, down 19.3% ($255 million) from 2012.
The top export categories (2-digit HS) in 2013 were: Vehicles ($266 million), Machinery ($200 million), Mineral Fuel (oil) ($110 million), Meat (poultry) ($83 million), and Cereals (rice) ($79 million).
U.S. agricultural exports in 2013 were $190 million. Leading categories include: poultry meat ($83 million) and rice ($69 million).
Ghana was the United States' 100th largest supplier of goods imports in 2013.
U.S. goods imports from Ghana totaled $366 million in 2013, a 25.7% increase ($75 million) from 2012.
The five largest import categories in 2013 were: Cocoa ($178 million), Mineral Fuel (oil) ($116 million), Wood ($18 million), Rubber ($9 million), and Vegetables (yams) ($9 million).
U.S. agricultural imports in 2013 were $207 million. Leading categories include: cocoa beans ($149 million), and cocoa paste and cocoa butter ($29 million).
The U.S. goods trade surplus with Ghana was $701 million in 2013, a 32.0% decrease ($330 million) from 2012.
U.S. foreign direct investment (FDI) in Ghana (stock) was $3.6 billion in 2012 (latest data available), up 14.5% from 2011.
There is no information on the distribution of U.S. FDI in Ghana.
Ghana FDI in U.S. (stock) was not available in 2012.
*NOTE: No services trade data with Ghana is available.