Ghana Trade Balance

2005 - 2020 | Monthly | USD mn | CEIC Data

Ghana Trade Balance recorded a surplus of 123.4 USD mn in Oct 2020, compared with a surplus of 196.7 USD mn in the previous month. Ghana Trade Balance data is updated monthly, available from Mar 2005 to Oct 2020, with an averaged value of -160.9 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 Total Exports reached 1.2 USD bn in Oct 2020, a decrease of 4.5 % year on year. Total Imports recorded 972.3 USD mn in Sep 2020, a decrease of 5.9 % year on year.

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

Ghana Trade Balance

What was Ghana's Trade Balance in Oct 2020?

Last Previous Min Max Unit Frequency Range
123.4 Oct 2020 196.7 Sep 2020 -733.1 Oct 2013 482.1 Feb 2020 USD mn monthly Mar 2005 - Oct 2020

Trade Balance by Country Comparison

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Includes Trade Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) -213.4 Jan 2021 monthly Oct 1998 - Jan 2021
Algeria (USD mn) -791.7 Jan 2020 monthly Jan 2000 - Jan 2020
Argentina (USD mn) -532.2 Dec 2020 monthly Jan 1991 - Dec 2020
Armenia (USD mn) -229.8 Dec 2020 monthly Nov 1995 - Dec 2020
Australia (USD mn) 5,110.5 Dec 2020 monthly Jul 1971 - Dec 2020
Austria (USD mn) -139.3 Nov 2020 monthly Jan 1957 - Nov 2020
Azerbaijan (USD mn) -91.6 Nov 2020 monthly Jan 2000 - Nov 2020
Bahrain (USD mn) 856.2 2019 yearly 1966 - 2019
Bangladesh (USD mn) -1,251.3 Nov 2020 monthly Jul 1986 - Nov 2020
Belarus (USD mn) 2.5 Dec 2020 monthly Jan 2000 - Dec 2020
Belgium (USD mn) -1,122.5 Dec 2020 monthly Jan 1995 - Dec 2020
Bolivia (USD mn) 127.2 Jan 2021 monthly Oct 1994 - Jan 2021
Bosnia and Herzegovina (USD mn) -339.5 Dec 2020 monthly Jan 2000 - Dec 2020
Botswana (USD mn) -173.1 Nov 2020 monthly Jan 2001 - Nov 2020
Brazil (USD mn) -1,125.5 Jan 2021 monthly Jan 1959 - Jan 2021
Brunei (USD mn) -127.5 Nov 2020 monthly Jan 2003 - Nov 2020
Bulgaria (USD mn) -451.9 Dec 2020 monthly Jan 1995 - Dec 2020
Cambodia (USD mn) -287.8 Oct 2020 monthly Jan 1981 - Oct 2020
Canada (USD mn) -1,299.9 Dec 2020 monthly Jan 1988 - Dec 2020
Chile (USD mn) 1,739.8 Jan 2021 monthly Jan 1968 - Jan 2021
China (USD mn) 78,173.8 Dec 2020 monthly Jan 1981 - Dec 2020
Colombia (USD mn) -1,113.6 Dec 2020 monthly Jan 1958 - Dec 2020
Croatia (USD mn) -566.0 Nov 2020 monthly Jan 1993 - Nov 2020
Cyprus (USD mn) -575.7 Dec 2020 monthly Jan 1957 - Dec 2020
Czech Republic (USD mn) 1,817.6 Dec 2020 monthly Jan 1996 - Dec 2020
Denmark (USD mn) 763.0 Dec 2020 monthly Jan 1997 - Dec 2020
Ecuador (USD mn) 115.2 Dec 2020 monthly Jan 1965 - Dec 2020
Egypt (USD mn) -3,289.8 Nov 2020 monthly Jan 1957 - Nov 2020
Estonia (USD mn) -159.0 Dec 2020 monthly Jan 1993 - Dec 2020
European Union (USD mn) 32,189.8 Dec 2020 monthly Jan 2002 - Dec 2020
Finland (USD mn) 1,259.4 Dec 2020 monthly Jan 1992 - Dec 2020
France (USD mn) -4,127.4 Dec 2020 monthly Jan 2000 - Dec 2020
Georgia (USD mn) -313.6 Jan 2021 monthly Jan 1995 - Jan 2021
Germany (USD mn) 20,016.4 Dec 2020 monthly Jan 1957 - Dec 2020
Ghana (USD mn) 123.4 Oct 2020 monthly Mar 2005 - Oct 2020
Greece (USD mn) -1,776.5 Dec 2020 monthly Jan 2002 - Dec 2020
Hong Kong SAR, China (USD mn) -5,899.3 Dec 2020 monthly Jan 1957 - Dec 2020
Hungary (USD mn) 392.8 Dec 2020 monthly Jan 1976 - Dec 2020
Iceland (USD mn) -10.3 Dec 2020 monthly Jan 1957 - Dec 2020
India (USD mn) -14,540.0 Jan 2021 monthly Jan 1957 - Jan 2021
Indonesia (USD mn) 1,958.5 Jan 2021 monthly Jan 1967 - Jan 2021
Iran (USD mn) 20,500.0 2015 yearly 1950 - 2015
Ireland (USD mn) 6,646.7 Dec 2020 monthly Jan 1970 - Dec 2020
Israel (USD mn) -1,862.6 Jan 2021 monthly Jan 1988 - Jan 2021
Italy (USD mn) 6,803.1 Dec 2020 monthly Jan 1993 - Dec 2020
Ivory Coast (USD mn) -161.0 Oct 2020 monthly Jan 1981 - Oct 2020
Japan (USD mn) 3,784.5 Jan 2021 monthly Apr 1995 - Jan 2021
Jordan (USD mn) -836.6 Nov 2020 monthly Jan 1972 - Nov 2020
Kazakhstan (USD mn) -100.7 Dec 2020 monthly Sep 1995 - Dec 2020
Kenya (USD mn) -940.3 Dec 2020 monthly Oct 1992 - Dec 2020
South Korea (USD mn) 3,763.8 Jan 2021 monthly Jan 1957 - Jan 2021
Kosovo (USD mn) -376.3 Dec 2020 monthly Jan 2003 - Dec 2020
Kuwait (USD mn) 1,248.6 Sep 2020 monthly Jan 1993 - Sep 2020
Kyrgyzstan (USD mn) -189.0 Dec 2020 monthly Jan 2002 - Dec 2020
Laos (USD mn) 312.7 Sep 2020 quarterly Dec 1992 - Sep 2020
Latvia (USD mn) -318.0 Dec 2020 monthly Jan 1995 - Dec 2020
Lebanon (USD mn) -842.4 Oct 2020 monthly Jan 1993 - Oct 2020
Lithuania (USD mn) 120.6 Dec 2020 monthly Jan 1999 - Dec 2020
Luxembourg (USD mn) -579.0 Nov 2020 monthly Jan 1988 - Nov 2020
Macau SAR, China (USD mn) -1,352.6 Dec 2020 monthly Jan 1998 - Dec 2020
North Macedonia (USD mn) -300.9 Dec 2020 monthly Dec 1993 - Dec 2020
Malawi (USD mn) -135.3 Jun 2020 monthly Jan 1964 - Jun 2020
Malaysia (USD mn) 5,065.5 Dec 2020 monthly Jan 1990 - Dec 2020
Malta (USD mn) -123.5 Dec 2020 monthly Jan 1960 - Dec 2020
Mauritius (USD mn) -247.1 Dec 2020 monthly Jan 2006 - Dec 2020
Mexico (USD mn) 4,154.1 Dec 2020 monthly Jan 1993 - Dec 2020
Moldova (USD mn) -348.9 Dec 2020 monthly Jan 2004 - Dec 2020
Mongolia (USD mn) 181.1 Jan 2021 monthly Jan 1997 - Jan 2021
Montenegro (USD mn) -168.8 Dec 2020 monthly Jan 2005 - Dec 2020
Morocco (USD mn) -2,220.4 Dec 2020 monthly Jan 1957 - Dec 2020
Mozambique (USD mn) -146.4 Sep 2020 monthly Jan 2011 - Sep 2020
Myanmar (USD mn) 8.2 Aug 2020 monthly Jan 1957 - Aug 2020
Nepal (USD mn) -1,064.3 Jan 2021 monthly Aug 1974 - Jan 2021
Netherlands (USD mn) 6,472.2 Dec 2020 monthly Jan 1996 - Dec 2020
New Zealand (USD mn) 12.4 Dec 2020 monthly Jan 1957 - Dec 2020
Nigeria (USD mn) -2,187.3 Sep 2020 monthly Jan 2003 - Sep 2020
Norway (USD mn) 2,712.3 Jan 2021 monthly Jan 1957 - Jan 2021
Oman (USD mn) 813.3 Sep 2020 monthly Jan 1975 - Sep 2020
Pakistan (USD mn) -2,674.5 Jan 2021 monthly Jan 1968 - Jan 2021
Palestinian Territory (USD mn) -331.8 Nov 2020 monthly Jan 2011 - Nov 2020
Panama (USD mn) -670.5 Dec 2020 monthly Jan 1964 - Dec 2020
Paraguay (USD mn) -40.2 Jan 2021 monthly Jan 1995 - Jan 2021
Peru (USD mn) 1,079.6 Dec 2020 monthly Jan 1957 - Dec 2020
Philippines (USD mn) -2,148.9 Dec 2020 monthly Jan 1957 - Dec 2020
Poland (USD mn) 485.8 Dec 2020 monthly Jan 1986 - Dec 2020
Portugal (USD mn) -1,667.4 Dec 2020 monthly Jan 1957 - Dec 2020
Qatar (USD mn) 2,360.4 Dec 2020 monthly Jan 2014 - Dec 2020
Romania (USD mn) -2,375.7 Dec 2020 monthly Aug 1990 - Dec 2020
Russia (USD mn) 11,581.5 Dec 2020 monthly Jan 1998 - Dec 2020
Saudi Arabia (USD mn) 43,994.5 2020 yearly 1957 - 2020
Serbia (USD mn) -683.1 Dec 2020 monthly Jan 2001 - Dec 2020
Singapore (USD mn) 4,233.9 Jan 2021 monthly Jan 1976 - Jan 2021
Slovakia (USD mn) 193.1 Dec 2020 monthly Jan 2004 - Dec 2020
Slovenia (USD mn) -322.7 Dec 2020 monthly Nov 1991 - Dec 2020
South Africa (USD mn) 2,150.3 Dec 2020 monthly Oct 2004 - Dec 2020
Spain (USD mn) -1,031.2 Dec 2020 monthly Jan 1985 - Dec 2020
Sri Lanka (USD mn) -562.2 Dec 2020 monthly Jan 1982 - Dec 2020
Sudan (USD mn) -555.5 Sep 2020 monthly Jan 2003 - Sep 2020
Sweden (USD mn) 322.8 Dec 2020 monthly Jan 1957 - Dec 2020
Switzerland (USD mn) 5,580.9 Jan 2021 monthly Jan 1957 - Jan 2021

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Ghana Key Series

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Includes 118 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 (%) -7.1 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 (%) 10.4 Jun 2020 quarterly Mar 2008 - Jun 2020
Government Debt: % of GDP (%) 63.0 2019 yearly 2006 - 2019
Forecast: Government Expenditure (GHS bn) 144.387 2025 yearly 1980 - 2025
Forecast: Government Net Debt (GHS bn) 494.568 2025 yearly 1990 - 2025
Forecast: Government Revenue (GHS bn) 100.805 2025 yearly 1982 - 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.075 2025 yearly 1980 - 2025
Trade Balance (USD mn) 123.4 Oct 2020 monthly Mar 2005 - Oct 2020
Total Exports (USD mn) 1,211.8 Oct 2020 monthly Mar 2005 - Oct 2020
Total Exports Growth (%) -4.5 Oct 2020 monthly Mar 2006 - Oct 2020
Aluminum: Exports (USD th) 102,008.620 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 6,384.437 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 115.617 2019 yearly 1995 - 2019
Total Imports (USD mn) 972.3 Sep 2020 monthly Mar 2005 - Sep 2020
Total Imports Growth (%) -5.9 Sep 2020 monthly Mar 2006 - Sep 2020
Imports: Medicament (USD th) 265,353.408 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 76,555.916 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 90.887 Oct 2020 monthly Feb 1985 - Oct 2020
Total Imports from USA (USD mn) 68.851 Aug 2020 monthly Jun 1995 - Aug 2020
Total Exports to China (USD mn) 317.589 Oct 2020 monthly May 1995 - Oct 2020
Total Imports from China (USD mn) 155.029 Oct 2020 monthly Jun 1986 - Oct 2020
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 (%) -4.2 Jun 2020 quarterly Mar 2006 - Jun 2020
Foreign Direct Investment (USD mn) 838.4 Dec 2019 quarterly Mar 2011 - Dec 2019
Foreign Direct Investment: % of GDP (%) 4.8 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) 24,298.4 Oct 2020 monthly Jan 2012 - Oct 2020
External Debt: % of GDP (%) 30.4 2019 yearly 1999 - 2019
Net International Investment Position (USD mn) -27,311.841 2019 yearly 2006 - 2019
Forecast: Current Account Balance (USD bn) -1.930 2025 yearly 1980 - 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 14.8 Dec 2020 monthly Dec 2005 - Dec 2020
Non-Performing Loans (USD mn) 1,269.750 Sep 2020 quarterly Mar 2008 - Sep 2020
Money Supply M1 (USD mn) 9,247.979 Sep 2020 quarterly Mar 1990 - Sep 2020
Money Supply M2 (USD mn) 14,931.148 Sep 2020 quarterly Mar 1990 - Sep 2020
M2 Growth (%) 30.7 Sep 2020 quarterly Mar 1991 - Sep 2020
Foreign Exchange Reserves (USD mn) 7,381.5 Oct 2020 monthly Jan 1965 - Oct 2020
Foreign Exchange Reserves: % of GDP (%) 10.851 Sep 2020 quarterly Dec 2006 - Sep 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) 17,216.412 Oct 2020 monthly Dec 2004 - Oct 2020
Total Deposits Growth (%) 26.9 Oct 2020 monthly Dec 2005 - Oct 2020
Domestic Credit (USD mn) 20,114.6 Jul 2020 monthly Jan 1967 - Jul 2020
Domestic Credit Growth (%) 43.9 Jul 2020 monthly Jan 1968 - Jul 2020
Total Loans (USD mn) 8,051.537 Sep 2020 monthly Dec 2011 - Sep 2020
Total Loans Growth (%) 14.39 Sep 2020 monthly Dec 2012 - Sep 2020
Private Debt: % of Nominal GDP (%) 10.50 Jun 2020 quarterly Dec 2013 - Jun 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 4.7 Dec 2020 monthly Dec 2013 - Dec 2020

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