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 Ghana 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).
Ghana Trade Summary
U.S. goods and services trade with Ghana totaled an estimated $3.8 billion in 2024, down 5.3 percent ($211.4 million) from 2023.
U.S. total goods trade (exports plus imports) with Ghana was an estimated $2.1 billion in 2024. U.S. goods exports to Ghana in 2024 were $968.2 million, up 12.5 percent ($107.5 million) from 2023. U.S. goods imports from Ghana in 2024 totaled $1.2 billion, down 27.8 percent ($452.9 million) from 2023. The U.S. goods trade deficit with Ghana was $205.7 million in 2024, a 73.1 percent decrease ($560.4 million) over 2023.
U.S. total services trade (exports plus imports) with Ghana totaled an estimated $1.7 billion in 2024. U.S. services exports to Ghana in 2024 were $986 million, up 27.1 percent ($210 million) from 2023. U.S. services imports from Ghana in 2024 were 675 million, down 10.1 percent ($76 million) from 2023. The U.S. services trade surplus with Ghana was $311 million in 2024, a 1,144.0 percent increase ($286 million) over 2023.
