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Who does Ghana rely on?

The largest supplier of Ghana in 2024 is China, with 48.3% of what Ghana buys. Its share was 15.7% in 2019 and 4% in 1995. 455 of the 649 products Ghana buys for more than $1 million have a supplier selling more than 50% of what Ghana buys of that product; in 281, more than 75%. In those products, purchases from each one’s dominant supplier add up to 55.7% of what Ghana buys.

Summary

Largest supplier: China
48.3%
Concentration (HHI)
2,470
Products with a supplier above 50%
455
Products with a supplier above 75%
281

Concentration index (HHI): 2,470 out of 10,000; equivalent to splitting purchases among 4 suppliers of the same size

Trend

Trend in shares

China went from 4% to 48.3% of what Ghana buys

Share (%)

  • China 48.3%
  • India 6.3%
  • Netherlands 6.1%
  • United States 4.3%
  • Belgium 3%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995United Kingdom19.5%
1996United Kingdom15.3%
1997United Kingdom13.7%
1998United Kingdom10.7%
1999United Kingdom9.4%
2000Nigeria9.6%
2001Nigeria9.7%
2002United Kingdom7.6%
2003Nigeria14.5%
2004China13.4%
2005Nigeria9.6%
2006China10.2%
2007China11.1%
2008China11.7%
2009China12.7%
2010China12.8%
2011China16.2%
2012China18.7%
2013China17.4%
2014China16.4%
2015China19.9%
2016China19.3%
2017China20.4%
2018China20.6%
2019Nigeria23.6%
2020China40.6%
2021China24.3%
2022China21.2%
2023China23.7%
2024China48.3%

Its suppliers

  1. China$9.8 billion · 48.3%
  2. India$1.3 billion · 6.3%
  3. Netherlands$1.3 billion · 6.1%
  4. United States$876 million · 4.3%
  5. Belgium$607 million · 3%
  6. United Kingdom$513 million · 2.5%
  7. Turkey$399 million · 2%
  8. South Africa$345 million · 1.7%
  9. Brazil$337 million · 1.7%
  10. Germany$316 million · 1.6%

Some of these goods may have been produced in another country: countries record origin in different ways.

Products with a dominant supplier

Of the 649 products Ghana buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
Refined petroleumNetherlands55.5%Belgium · 22.3%$1.5 billion
Bulldozers and excavatorsChina61.7%India · 25.7%$612 million
TrucksChina50.6%South Africa · 14%$333 million
Medicines in measured doses or retail packsIndia65.7%United Kingdom · 7.3%$303 million
Coated flat steelChina94%over 75%Spain · 2.7%$301 million
Rubber and plastic footwearChina99.1%over 75%Turkey · 0.28%$281 million
Pesticides and herbicidesChina86.8%over 75%India · 2.6%$242 million
Auto partsChina67.2%South Korea · 7.1%$222 million
New tiresChina80.9%over 75%Japan · 6.2%$221 million
MotorcyclesChina91.5%over 75%India · 5.4%$219 million
WigsChina90.3%over 75%Togo · 8.7%$216 million
FurnitureChina79.3%over 75%Italy · 4.1%$212 million
CementEgypt60%Pakistan · 10.6%$204 million
Liquid pumpsChina68.8%South Africa · 7%$203 million
Parts for cranes and excavatorsChina52.4%Sweden · 6.8%$201 million
Cables and wireChina73%India · 10%$201 million
Bags, suitcases and casesChina97.8%over 75%South Korea · 0.47%$194 million
Motorcycle and bicycle partsChina96.9%over 75%India · 1.5%$190 million
Steel structuresChina57.5%Thailand · 11.1%$188 million
Sorting and crushing machinesChina51.9%India · 15.1%$186 million
TeaChina87.6%over 75%India · 7.7%$176 million
Lamps and light fittingsChina94.3%over 75%Italy · 1.1%$173 million
WheatCanada71.3%Lithuania · 10%$158 million
Plastic tableware and household itemsChina55.9%United States · 20.8%$157 million
Lightweight cotton fabricChina69.3%India · 27.1%$153 million

and 430 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Some of these goods may have been produced in another country: countries record origin in different ways.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: Switzerland
26.7%
Concentration (HHI)
1,134

Concentration index (HHI): 1,134 out of 10,000; equivalent to splitting sales among 9 customers of the same size

Trend in shares

Switzerland went from 2% to 26.7% of what Ghana sells

Share (%)

  • Switzerland 26.7%
  • China 12.5%
  • India 10.6%
  • United States 7.5%
  • Netherlands 4.5%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995United Kingdom17.6%
1996Switzerland24.3%
1997United Kingdom20%
1998United Kingdom15.7%
1999United Kingdom14.2%
2000United Kingdom19.2%
2001United Kingdom18.3%
2002United Kingdom18.5%
2003United Kingdom16.3%
2004United Kingdom16%
2005South Africa19.5%
2006South Africa22.4%
2007South Africa25.4%
2008South Africa25.5%
2009South Africa34.9%
2010South Africa35.2%
2011South Africa20.1%
2012South Africa24.3%
2013South Africa17.3%
2014Switzerland16.6%
2015India22.3%
2016Switzerland25.9%
2017India30.1%
2018India26.9%
2019Switzerland21.8%
2020Switzerland22%
2021Switzerland22%
2022Switzerland22.2%
2023Switzerland23.7%
2024Switzerland26.7%

102 of the 161 products Ghana sells for more than $1 million have a customer buying more than 50% of what Ghana sells of that product; in 53, more than 75%. In those products, sales to each one’s dominant customer add up to 38.4% of what Ghana sells.

ProductCustomerShareSecondValue
GoldSwitzerland70.6%India · 18.8%$5.9 billion
Manganese oreChina96%over 75%Ukraine · 3.3%$556 million
Refined petroleumBurkina Faso86%over 75%Singapore · 13.5%$245 million
Coconuts, Brazil nuts and cashewsIndia85.5%over 75%United States · 2.3%$214 million
ElectricityBurkina Faso78.2%over 75%Togo · 21.8%$187 million
Unwrought aluminumItaly61.3%Netherlands · 20%$129 million
Ceramic tilesCôte d'Ivoire58%Burkina Faso · 21.2%$127 million
Bauxite (aluminum ore)China81.4%over 75%India · 16.1%$121 million
BananasFrance62.6%United Kingdom · 18.5%$98 million
Natural gas and LPGBurkina Faso58.7%Senegal · 28.8%$86 million
Unwrought leadUnited States56.9%Turkey · 29.8%$60 million
Toilet paper and tissuesCôte d'Ivoire83.2%over 75%Peru · 10.1%$47 million
LogsIndia82.9%over 75%China · 15.8%$46 million
Plastic pipes and hosesBenin58.8%Burkina Faso · 23.8%$39 million
Aluminum scrapIndia68.1%South Korea · 9.4%$39 million

and 87 more

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
31South Sudan2,541
32Eritrea2,476
33Ghana2,470
34São Tomé and Principe2,426
35Djibouti2,354
36Cook Islands2,351

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.