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Trade between Ghana and India

In 2024, Ghana exported $1.7 billion to India and imported $1.3 billion. Ghana ran a surplus of $414 million with India, compared with a surplus of $3.5 billion in 2019. India was Ghana’s 3rd largest trading partner (8% of its trade), and Ghana was India’s 53rd (0.3%).

Summary

Ghana → India
$1.7billion
India → Ghana
$1.3billion
Ghana’s balance
$414million

Balance

Ghana’s trade balance with India

Trade between Ghana and India grew 56.8-fold since 1995

USD billions (current). Ghana’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.7
  • Imports 1.3
  • Balance +0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$25 million$27 million-$2 million
1996$4 million$62 million-$58 million
1997$5 million$65 million-$60 million
1998$6 million$72 million-$66 million
1999$14 million$73 million-$59 million
2000$30 million$62 million-$33 million
2001$21 million$81 million-$60 million
2002$20 million$96 million-$75 million
2003$40 million$176 million-$136 million
2004$41 million$168 million-$126 million
2005$86 million$219 million-$132 million
2006$100 million$259 million-$159 million
2007$143 million$686 million-$544 million
2008$223 million$457 million-$234 million
2009$144 million$342 million-$198 million
2010$173 million$378 million-$205 million
2011$440 million$682 million-$242 million
2012$304 million$677 million-$373 million
2013$288 million$708 million-$420 million
2014$490 million$1 billion-$529 million
2015$3.3 billion$887 million$2.4 billion
2016$1.5 billion$636 million$884 million
2017$5.2 billion$699 million$4.5 billion
2018$5.9 billion$746 million$5.1 billion
2019$4.2 billion$643 million$3.5 billion
2020$1.2 billion$749 million$457 million
2021$2.6 billion$1.1 billion$1.4 billion
2022$3.4 billion$1 billion$2.4 billion
2023$2.3 billion$1.1 billion$1.1 billion
2024$1.7 billion$1.3 billion$414 million

What they sell each other

What Ghana sells to India

The top 10 headings in 2024, with their share of the total.

  1. Gold$1.1 billion · 65.1%
    16 tonnes · Ghana’s destinations
  2. Crude petroleum$224 million · 13.2%
    387 thousand tonnes · Ghana’s destinations
  3. 162 thousand tonnes
  4. Logs$38 million · 2.3%
    581 tonnes
  5. Other oilseeds$33 million · 2%
    56 thousand tonnes
  6. Aluminum scrap$26 million · 1.6%
    14 thousand tonnes
  7. Bauxite (aluminum ore)$19 million · 1.1%
    222 thousand tonnes
  8. Cocoa paste$16 million · 0.94%
    2 thousand tonnes
  9. Diamonds$14 million · 0.84%
    India’s sources
  10. Ferrous scrap$10 million · 0.59%
    17 thousand tonnes · India’s sources

What India sells to Ghana

The top 10 headings in 2024, with their share of the total.

  1. 24 thousand tonnes · India’s destinations
  2. Bulldozers and excavators$157 million · 12.2%
    31 thousand tonnes · India’s destinations
  3. Rice$56 million · 4.4%
    122 thousand tonnes · India’s destinations
  4. Trucks$45 million · 3.5%
    4 thousand tonnes · India’s destinations
  5. Lightweight cotton fabric$41 million · 3.2%
    2 thousand tonnes
  6. Cars$38 million · 3%
    3 thousand tonnes · India’s destinations
  7. Uninsulated aluminum cable$31 million · 2.4%
    9 thousand tonnes
  8. 7 thousand tonnes
  9. 22 thousand tonnes
  10. Packing sacks and bags$25 million · 2%
    15 thousand tonnes

How it travels

Estimated sea route from Takoradi to Nhava Sheva (Mumbai).

The estimated sea route between Takoradi and Nhava Sheva (Mumbai) is 7,478 nautical miles (13,849 km) long: ≈ 17.5–22.5 days at sea (at 18 and 14 knots).

Passages it crosses: Cape of Good Hope.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.8 billion · 59.7%
  2. Air$1.2 billion · 40.3%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

India was Ghana’s 3rd largest trading partner (8% of its trade), and Ghana was India’s 53rd (0.3%).

India in Ghana’s trade
8.2%
India’s rank among Ghana’s partners
3rd
Ghana in India’s trade
0.3%
Ghana’s rank among India’s partners
53rd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.