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Trade between Ghana and Switzerland

In 2024, Ghana exported $4.3 billion to Switzerland and imported $73 million. Ghana ran a surplus of $4.2 billion with Switzerland, compared with a surplus of $4.9 billion in 2019. Switzerland was Ghana’s 2nd largest trading partner (12% of its trade), and Ghana was Switzerland’s 33rd (0.6%).

Summary

Ghana → Switzerland
$4.3billion
Switzerland → Ghana
$73million
Ghana’s balance
$4.2billion

Balance

Ghana’s trade balance with Switzerland

Trade between Ghana and Switzerland grew 95.4-fold since 1995

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

  • Exports 4.3
  • Imports 0.1
  • Balance +4.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$29 million$17 million$12 million
1996$640 million$21 million$619 million
1997$21 million$31 million-$11 million
1998$66 million$49 million$18 million
1999$59 million$36 million$23 million
2000$387 million$35 million$352 million
2001$231 million$28 million$203 million
2002$21 million$18 million$2 million
2003$34 million$30 million$4 million
2004$27 million$21 million$6 million
2005$169 million$30 million$139 million
2006$286 million$25 million$260 million
2007$260 million$46 million$215 million
2008$168 million$109 million$59 million
2009$587 million$59 million$528 million
2010$323 million$58 million$265 million
2011$176 million$48 million$129 million
2012$2.8 billion$56 million$2.7 billion
2013$2.9 billion$47 million$2.9 billion
2014$2.9 billion$38 million$2.8 billion
2015$2.7 billion$31 million$2.7 billion
2016$4.3 billion$53 million$4.2 billion
2017$1.8 billion$46 million$1.8 billion
2018$3.3 billion$64 million$3.3 billion
2019$4.9 billion$71 million$4.9 billion
2020$3.1 billion$30 million$3 billion
2021$4.9 billion$555 million$4.3 billion
2022$6.5 billion$508 million$6 billion
2023$6.5 billion$288 million$6.2 billion
2024$4.3 billion$73 million$4.2 billion

What they sell each other

What Ghana sells to Switzerland

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

  1. Gold$4.2 billion · 97.4%
    62 tonnes · Ghana’s destinations
  2. Cocoa beans$96 million · 2.3%
    24 thousand tonnes · Ghana’s destinations
  3. 1 thousand tonnes
  4. Cocoa paste$2 million · 0.04%
    373 tonnes
  5. 439 tonnes
  6. Cocoa butter$2 million · 0.04%
    234 tonnes
  7. Prepared fish and caviar$2 million · 0.04%
    324 tonnes
  8. Coconuts, Brazil nuts and cashews$807 thousand · 0.02%
    64 tonnes
  9. Cocoa powder$451 thousand · 0.01%
    72 tonnes
  10. Preserved fruit and nuts$281 thousand · 0.01%
    136 tonnes

What Switzerland sells to Ghana

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

  1. Gold$38 million · 52.8%
    Switzerland’s destinations
  2. 113 tonnes · Switzerland’s destinations
  3. 3 tonnes · Switzerland’s destinations
  4. 16 tonnes
  5. Saws and saw blades$2 million · 2.2%
    108 tonnes
  6. Coffee$2 million · 2.1%
    37 tonnes · Switzerland’s destinations
  7. Cameras and broadcast equipment$945 thousand · 1.3%
    2 tonnes
  8. Fragrance mixtures$743 thousand · 1%
    62 tonnes
  9. 16 tonnes
  10. 3 tonnes

How it travels

Ghana and Switzerland traded $4.3 billion in 2024 (both directions together). They trade mostly by air: 97% of the value travels by plane.

Split by transport mode

  1. Sea$119 million · 2.7%
  2. Air$4.2 billion · 97.3%

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

How much each matters to the other

Switzerland was Ghana’s 2nd largest trading partner (12% of its trade), and Ghana was Switzerland’s 33rd (0.6%).

Switzerland in Ghana’s trade
11.9%
Switzerland’s rank among Ghana’s partners
2nd
Ghana in Switzerland’s trade
0.6%
Ghana’s rank among Switzerland’s partners
33rd

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.