Asia remains Ghana's leading trade partner, contributing over half of the country's imports and nearly half of its exports in Q2 2024, the Ghana Statistical Service (GSS) provisional newsletter on International Trade Statistics for the second quarter (Q2) of 2024, has said.
Between the second quarter (Q2) of 2023 and second quarter (Q2) 2024, the share of imports from Europe declined by 7.5 percent, while imports from Asia increased substantially by 8.5 percent.
In Q2 2024, Ghana's total trade value was GH₵123.0 billion, with exports totaling GH₵64.2 billion and imports totaling GH₵58.8 billion.
The country recorded a trade surplus of GH₵5.4 billion, marking a substantial reversal from a deficit of GH₵3.1 billion recorded in the same period in 2023.