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 87th largest goods trading partner with $1.4 billion in total (two way) goods trade during 2018. Goods exports totaled $793 million; goods imports totaled $582 million. The U.S. goods trade surplus with Ghana was $211 million in 2018.
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' 84th largest goods export market in 2018.
- U.S. goods exports to Ghana in 2018 were $793 million, down 7.8% ($67 million) from 2017 but up 30.3% from 2008.
- The top export categories (2-digit HS) in 2018 were: vehicles ($176 million), machinery ($136 million), mineral fuels ($97 million), optical and medical instruments ($52 million), and plastics ($52 million).
- U.S. total exports of agricultural products to Ghana totaled $83 million in 2018. Leading domestic export categories include: poultry meat & prods. (ex. eggs) ($45 million), wheat ($13 million), prepared food ($6 million), rice ($3 million), and dairy products ($2 million).
- Ghana was the United States' 86th largest supplier of goods imports in 2018.
- U.S. goods imports from Ghana totaled $582 million in 2018, down 22.5% ($169 million) from 2017, but up 161.8% from 2008.
- The top import categories (2-digit HS) in 2018 were: mineral fuels ($312 million), cocoa ($169 million), rubber ($18 million), wood and wood products ($14 million), and knit apparel ($14 million).
- U.S. total imports of agricultural products from Ghana totaled $216 million in 2018. Leading categories include: cocoa beans ($115 million), cocoa paste & cocoa butter ($53 million), rubber & allied products ($18 million), fresh vegetables ($11 million), and tree nuts ($5 million).
- The U.S. goods trade surplus with Ghana was $211 million in 2018, a 92.9% increase ($102 million) over 2017.
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.