Ghana Trade Balance

2005 - 2020 | Monthly | USD mn | CEIC Data

Key information about Ghana's Trade Balance

  • Ghana's Trade Balance recorded a surplus of 392.3 USD mn in Dec 2020, compared with a deficit of 35.5 USD mn in the previous month.
  • Ghana's Trade Balance data is updated monthly, available from Mar 2005 to Dec 2020, with an averaged value of -159.5 USD mn.
  • The data reached an all-time high of 482.1 USD mn in Feb 2020 and a record low of -733.1 USD mn in Oct 2013.
  • The Bank of Ghana provides monthly Trade Balance in USD.
  • In the latest reports, Ghana's Total Exports reached 1.3 USD bn in Dec 2020, a decrease of 7.7% YoY (year-on-year).
  • Total Imports recorded 1.2 USD bn in Mar 2021, a decrease of 7.7% YoY (year-on-year).

View Ghana's Trade Balance from Mar 2005 to Dec 2020 in the chart:

Ghana Trade Balance

What was Ghana's Trade Balance in Dec 2020?

Ghana's Trade Balance recorded a surplus of 392.3 USD mn in Dec 2020, compared with a deficit of 35.5 USD mn in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
392.3 Dec 2020 -35.5 Nov 2020 -733.1 Oct 2013 482.1 Feb 2020 USD mn monthly Mar 2005 - Dec 2020

Trade Balance by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) -347.3 Sep 2021 monthly Oct 1998 - Sep 2021
Algeria (USD mn) -791.7 Jan 2020 monthly Jan 2000 - Jan 2020
Argentina (USD mn) 2,346.6 Aug 2021 monthly Jan 1991 - Aug 2021
Armenia (USD mn) -156.5 Aug 2021 monthly Nov 1995 - Aug 2021
Australia (USD mn) 10,731.0 Aug 2021 monthly Jul 1971 - Aug 2021
Austria (USD mn) -555.5 Jul 2021 monthly Jan 1957 - Jul 2021
Azerbaijan (USD mn) 1,675.2 Jul 2021 monthly Jan 2000 - Jul 2021
Bahrain (USD mn) -127.1 2020 yearly 1966 - 2020
Bangladesh (USD mn) -1,927.8 Jul 2021 monthly Jul 1986 - Jul 2021
Belarus (USD mn) 315.7 Aug 2021 monthly Jan 2000 - Aug 2021
Belgium (USD mn) 2,812.4 Aug 2021 monthly Jan 1993 - Aug 2021
Bolivia (USD mn) 214.0 Aug 2021 monthly Oct 1994 - Aug 2021
Bosnia and Herzegovina (USD mn) -310.7 Mar 2021 monthly Jan 2000 - Mar 2021
Botswana (USD mn) 33.9 Jul 2021 monthly Jan 2001 - Jul 2021
Brazil (USD mn) 4,310.4 Sep 2021 monthly Jan 1959 - Sep 2021
Brunei (USD mn) 266.5 Jul 2021 monthly Jan 2003 - Jul 2021
Bulgaria (USD mn) -430.5 Aug 2021 monthly Jan 1995 - Aug 2021
Cambodia (USD mn) -409.7 Jul 2021 monthly Jun 2013 - Jul 2021
Canada (USD mn) 1,538.7 Aug 2021 monthly Jan 1988 - Aug 2021
Chile (USD mn) 78.7 Sep 2021 monthly Jan 1968 - Sep 2021
China (USD mn) 66,757.8 Sep 2021 monthly Jan 1981 - Sep 2021
Colombia (USD mn) -2,030.4 Aug 2021 monthly Jan 1958 - Aug 2021
Croatia (USD mn) -954.8 Jul 2021 monthly Jan 1993 - Jul 2021
Cyprus (USD mn) -450.4 Aug 2021 monthly Jan 1957 - Aug 2021
Czech Republic (USD mn) -146.3 Aug 2021 monthly Jan 1996 - Aug 2021
Denmark (USD mn) 441.9 Aug 2021 monthly Jan 1997 - Aug 2021
Ecuador (USD mn) -4.2 Aug 2021 monthly Jan 1965 - Aug 2021
Egypt (USD mn) -2,876.0 Jul 2021 monthly Jan 1957 - Jul 2021
Estonia (USD mn) -108.6 Aug 2021 monthly Jan 1993 - Aug 2021
European Union (USD mn) 10,161.4 Jun 2021 monthly Jan 2002 - Jun 2021
Finland (USD mn) -694.3 Aug 2021 monthly Jan 1992 - Aug 2021
France (USD mn) -7,847.4 Aug 2021 monthly Jan 2000 - Aug 2021
Georgia (USD mn) -552.2 Sep 2021 monthly Jan 1995 - Sep 2021
Germany (USD mn) 15,250.0 Aug 2021 monthly Jan 1957 - Aug 2021
Ghana (USD mn) 392.3 Dec 2020 monthly Mar 2005 - Dec 2020
Greece (USD mn) -2,588.0 Aug 2021 monthly Jan 2002 - Aug 2021
Hong Kong SAR, China (USD mn) -3,378.7 Aug 2021 monthly Jan 1957 - Aug 2021
Hungary (USD mn) -550.8 Aug 2021 monthly Jan 1976 - Aug 2021
Iceland (USD mn) -242.7 Aug 2021 monthly Jan 1957 - Aug 2021
India (USD mn) -22,590.0 Sep 2021 monthly Jan 1957 - Sep 2021
Indonesia (USD mn) 4,370.6 Sep 2021 monthly Jan 1967 - Sep 2021
Iran (USD mn) 14,786.0 2020 yearly 1950 - 2020
Ireland (USD mn) 6,040.4 Jul 2021 monthly Jan 1970 - Jul 2021
Israel (USD mn) -2,805.5 Sep 2021 monthly Jan 1988 - Sep 2021
Italy (USD mn) 6,041.7 Jul 2021 monthly Jan 1993 - Jul 2021
Ivory Coast (USD mn) -108.6 Jun 2021 monthly Jan 1981 - Jun 2021
Japan (USD mn) -2,474.0 Aug 2021 monthly Apr 1995 - Aug 2021
Jordan (USD mn) -1,254.7 Aug 2021 monthly Jan 1972 - Aug 2021
Kazakhstan (USD mn) 1,707.3 Aug 2021 monthly Sep 1995 - Aug 2021
Kenya (USD mn) -1,021.7 Aug 2021 monthly Oct 1992 - Aug 2021
South Korea (USD mn) 4,205.3 Sep 2021 monthly Jan 1957 - Sep 2021
Kosovo (USD mn) -414.9 Aug 2021 monthly Jan 2003 - Aug 2021
Kuwait (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Kyrgyzstan (USD mn) -351.5 Aug 2021 monthly Jan 2002 - Aug 2021
Laos (USD mn) 250.6 Dec 2020 quarterly Dec 1992 - Dec 2020
Latvia (USD mn) -588.8 Aug 2021 monthly Jan 1995 - Aug 2021
Lebanon (USD mn) -723.4 Nov 2020 monthly Jan 1993 - Nov 2020
Lithuania (USD mn) 1,200.7 Aug 2021 monthly Jan 1999 - Aug 2021
Luxembourg (USD mn) -678.7 Jul 2021 monthly Jan 1988 - Jul 2021
Macau SAR, China (USD mn) -1,392.3 Aug 2021 monthly Jan 1998 - Aug 2021
North Macedonia (USD mn) -278.2 Aug 2021 monthly Dec 1993 - Aug 2021
Malawi (USD mn) -169.6 Mar 2021 monthly Jan 1964 - Mar 2021
Malaysia (USD mn) 5,946.3 Aug 2021 monthly Jan 1990 - Aug 2021
Malta (USD mn) -210.5 Aug 2021 monthly Jan 1960 - Aug 2021
Mauritius (USD mn) -243.6 Aug 2021 monthly Jan 2006 - Aug 2021
Mexico (USD mn) -2,905.9 Mar 2021 monthly Jan 1993 - Mar 2021
Moldova (USD mn) -338.9 Aug 2021 monthly Jan 2004 - Aug 2021
Mongolia (USD mn) 125.4 Sep 2021 monthly Jan 1997 - Sep 2021
Montenegro (USD mn) -246.2 Aug 2021 monthly Jan 2005 - Aug 2021
Morocco (USD mn) -2,136.8 Aug 2021 monthly Jan 1957 - Aug 2021
Mozambique (USD mn) -177.1 Dec 2020 monthly Jan 2011 - Dec 2020
Myanmar (USD mn) 80.3 Mar 2021 monthly Jan 1957 - Mar 2021
Nepal (USD mn) -1,191.6 Sep 2021 monthly Aug 1974 - Sep 2021
Netherlands (USD mn) 5,319.9 Aug 2021 monthly Jan 1996 - Aug 2021
New Zealand (USD mn) -1,496.1 Aug 2021 monthly Jan 1957 - Aug 2021
Nigeria (USD mn) -1,658.6 Jun 2021 monthly Jan 2003 - Jun 2021
Norway (USD mn) 6,203.2 Sep 2021 monthly Jan 1957 - Sep 2021
Oman (USD mn) 1,512.6 Jun 2021 monthly Jan 1975 - Jun 2021
Pakistan (USD mn) -4,185.3 Sep 2021 monthly Jan 1968 - Sep 2021
Palestinian Territory (USD mn) -352.0 Feb 2021 monthly Jan 2011 - Feb 2021
Panama (USD mn) -698.6 Aug 2021 monthly Jan 1964 - Aug 2021
Paraguay (USD mn) -9.4 Sep 2021 monthly Jan 1994 - Sep 2021
Peru (USD mn) 1,146.4 Aug 2021 monthly Jan 1957 - Aug 2021
Philippines (USD mn) -3,577.0 Aug 2021 monthly Jan 1957 - Aug 2021
Poland (USD mn) -1,464.2 Aug 2021 monthly Jan 1986 - Aug 2021
Portugal (USD mn) -2,064.2 Aug 2021 monthly Jan 1957 - Aug 2021
Qatar (USD mn) 3,620.9 Mar 2021 monthly Jan 2014 - Mar 2021
Romania (USD mn) -2,034.9 Aug 2021 monthly Aug 1990 - Aug 2021
Russia (USD mn) 17,461.8 Aug 2021 monthly Jan 1998 - Aug 2021
Saudi Arabia (USD mn) 35,856.4 2020 yearly 1957 - 2020
Serbia (USD mn) -721.1 Aug 2021 monthly Jan 2001 - Aug 2021
Singapore (USD mn) 4,615.5 Aug 2021 monthly Jan 1976 - Aug 2021
Slovakia (USD mn) -172.0 Aug 2021 monthly Jan 2004 - Aug 2021
Slovenia (USD mn) -574.5 Aug 2021 monthly Nov 1991 - Aug 2021
South Africa (USD mn) 2,872.1 Aug 2021 monthly Oct 2004 - Aug 2021
Spain (USD mn) -2,149.7 Jul 2021 monthly Jan 1985 - Jul 2021
Sri Lanka (USD mn) -586.2 Aug 2021 monthly Jan 1982 - Aug 2021
Sudan (USD mn) -406.6 Jun 2021 monthly Jan 2003 - Jun 2021
Sweden (USD mn) -1,186.8 Aug 2021 monthly Jan 1957 - Aug 2021
Switzerland (USD mn) 4,343.6 Sep 2021 monthly Jan 1957 - Sep 2021

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Ghana Key Series

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Includes 119 key indicators for Ghana, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.6 Jun 2020 quarterly Dec 2008 - Jun 2020
Consolidated Fiscal Balance (USD mn) -1,074.460 Jun 2020 monthly Jan 2008 - Jun 2020
Tax Revenue (USD mn) 458.822 Jun 2020 monthly Jan 2008 - Jun 2020
Tax Revenue: % of GDP (%) 9.8 Jun 2020 quarterly Mar 2008 - Jun 2020
Government Debt: % of GDP (%) 76.1 2020 yearly 2006 - 2020
Forecast: Government Expenditure (GHS bn) 182.783 2026 yearly 1980 - 2026
Forecast: Government Net Debt (GHS bn) 698.383 2026 yearly 1990 - 2026
Forecast: Government Revenue (GHS bn) 117.051 2026 yearly 1982 - 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.681 2026 yearly 1980 - 2026
Trade Balance (USD mn) 392.3 Dec 2020 monthly Mar 2005 - Dec 2020
Total Exports (USD mn) 1,298.2 Dec 2020 monthly Mar 2005 - Dec 2020
Total Exports Growth (%) -7.6 Dec 2020 monthly Mar 2006 - Dec 2020
Aluminum: Exports (USD th) 78,981.621 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 5,104.971 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 194.656 2020 yearly 1995 - 2020
Total Imports (USD mn) 1,164.3 Mar 2021 monthly Mar 2005 - Mar 2021
Total Imports Growth (%) -7.7 Dec 2020 monthly Mar 2006 - Dec 2020
Imports: Medicament (USD th) 193,659.988 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 65,505.488 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 90.887 Oct 2020 monthly Feb 1985 - Oct 2020
Total Imports from USA (USD mn) 76.976 Jan 2021 monthly Jun 1995 - Jan 2021
Total Exports to China (USD mn) 486.328 Feb 2021 monthly May 1995 - Feb 2021
Total Imports from China (USD mn) 151.945 Feb 2021 monthly Jun 1986 - Feb 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2.8 Dec 2019 quarterly Mar 2011 - Dec 2019
Current Account Balance (USD mn) -709.3 Sep 2020 quarterly Mar 2005 - Sep 2020
Current Account Balance: % of GDP (%) -4.1 Sep 2020 quarterly Mar 2006 - Sep 2020
Foreign Direct Investment (USD mn) 838.4 Dec 2019 quarterly Mar 2011 - Dec 2019
Foreign Direct Investment: % of GDP (%) 5.0 Dec 2019 quarterly Mar 2011 - Dec 2019
Foreign Portfolio Investment (USD mn) -26.500 Dec 2019 quarterly Mar 2011 - Dec 2019
Foreign Portfolio Investment: % of GDP (%) -0.2 Dec 2019 quarterly Mar 2011 - Dec 2019
Foreign Portfolio Investment: Equity Securities (USD mn) 18.1 2010 yearly 1975 - 2010
Foreign Portfolio Investment: Debt Securities (USD mn) -26.500 Dec 2019 quarterly Mar 2011 - Dec 2019
External Debt (USD mn) 24,598.8 Mar 2021 monthly Jan 2012 - Mar 2021
External Debt: % of GDP (%) 34.2 2020 yearly 1999 - 2020
Forecast: Current Account Balance (USD bn) -4.493 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) -27,311.841 2019 yearly 2006 - 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 15.3 Feb 2021 monthly Dec 2005 - Feb 2021
Non-Performing Loans (USD mn) 1,269.750 Sep 2020 quarterly Mar 2008 - Sep 2020
Money Supply M1 (USD mn) 10,559.734 Dec 2020 quarterly Mar 1990 - Dec 2020
Money Supply M2 (USD mn) 16,404.248 Dec 2020 quarterly Mar 1990 - Dec 2020
M2 Growth (%) 35.1 Dec 2020 quarterly Mar 1991 - Dec 2020
Foreign Exchange Reserves (USD mn) 6,884.2 Mar 2021 monthly Jan 1965 - Mar 2021
Foreign Exchange Reserves: % of GDP (%) 9.927 Dec 2020 quarterly Dec 2006 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 6.8 Oct 2020 monthly Mar 2005 - Oct 2020
Gold Reserves (Metric Ton) 1,000.000 2020 yearly 2008 - 2020
Total Deposits (USD mn) 17,706.305 Dec 2020 monthly Dec 2004 - Dec 2020
Total Deposits Growth (%) 25.7 Dec 2020 monthly Dec 2005 - Dec 2020
Domestic Credit (USD mn) 23,472.9 Dec 2020 monthly Jan 1967 - Dec 2020
Domestic Credit Growth (%) 48.7 Dec 2020 monthly Jan 1968 - Dec 2020
Total Loans (USD mn) 8,292.948 Dec 2020 monthly Dec 2011 - Dec 2020
Total Loans Growth (%) 5.60 Mar 2021 monthly Dec 2012 - Mar 2021
Private Debt: % of Nominal GDP (%) 9.93 Dec 2020 quarterly Dec 2013 - Dec 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) -3.5 Feb 2021 monthly Dec 2013 - Feb 2021

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