Ghana Trade Balance

2005 - 2023 | Monthly | USD mn | CEIC Data

Key information about Ghana's Trade Balance

  • Ghana's Trade Balance recorded a surplus of 112.7 USD mn in Aug 2023, compared with a surplus of 119.2 USD mn in the previous month
  • Ghana's Trade Balance data is updated monthly, available from Mar 2005 to Aug 2023, with an averaged value of -124.0 USD mn
  • The data reached an all-time high of 667.0 USD mn in Mar 2022 and a record low of -733.1 USD mn in Oct 2013
The Bank of Ghana provides monthly Trade Balance in USD.

Further information about Ghana's Trade Balance

  • In the latest reports, Ghana's Total Exports reached 1.3 USD bn in Aug 2023, a decrease of 11.1% YoY (year-on-year)
  • Total Imports recorded 1.2 USD bn in Aug 2023, a decrease of 11.1% YoY (year-on-year)

View Ghana's Trade Balance from Mar 2005 to Aug 2023 in the chart:

Ghana Trade Balance

What was Ghana's Trade Balance in Aug 2023?

Ghana's Trade Balance recorded a surplus of 112.7 USD mn in Aug 2023, compared with a surplus of 119.2 USD mn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
112.7 Aug 2023 119.2 Jul 2023 -733.1 Oct 2013 667.0 Mar 2022 USD mn monthly Mar 2005 - Aug 2023

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) -416.6 Oct 2023 monthly Oct 1998 - Oct 2023
Algeria (USD mn) -274.8 Mar 2020 monthly Jan 2000 - Mar 2020
Argentina (USD mn) -591.7 Oct 2023 monthly Jan 1991 - Oct 2023
Armenia (USD mn) -291.6 Sep 2023 monthly Nov 1995 - Sep 2023
Australia (USD mn) 4,360.6 Sep 2023 monthly Jul 1971 - Sep 2023
Austria (USD mn) -54.2 Jul 2023 monthly Jan 1957 - Jul 2023
Azerbaijan (USD mn) 670.6 Sep 2023 monthly Jan 2000 - Sep 2023
Bahrain (USD mn) 8,242.9 2022 yearly 1966 - 2022
Bangladesh (USD mn) -1,561.8 Sep 2023 monthly Jul 1986 - Sep 2023
Belarus (USD mn) 370.7 Sep 2023 monthly Jan 2000 - Sep 2023
Belgium (USD mn) 4,627.1 Sep 2023 monthly Jan 1993 - Sep 2023
Bolivia (USD mn) 24.0 Aug 2023 monthly Oct 1994 - Aug 2023
Bosnia and Herzegovina (USD mn) -506.3 Oct 2023 monthly Jan 2000 - Oct 2023
Botswana (USD mn) -285.7 Sep 2023 monthly Jan 2001 - Sep 2023
Brazil (USD mn) 8,958.4 Oct 2023 monthly Jan 1959 - Oct 2023
Brunei (USD mn) -13.1 Jun 2023 monthly Jan 2010 - Jun 2023
Bulgaria (USD mn) -437.4 Jul 2023 monthly Jan 1995 - Jul 2023
Cambodia (USD mn) -279.0 Oct 2023 monthly Jun 2013 - Oct 2023
Canada (USD mn) 1,506.2 Sep 2023 monthly Jan 1988 - Sep 2023
Chile (USD mn) 945.8 Oct 2023 monthly Jan 1968 - Oct 2023
China (USD mn) 56,528.1 Oct 2023 monthly Jan 1992 - Oct 2023
Colombia (USD mn) -816.5 Sep 2023 monthly Jan 1958 - Sep 2023
Croatia (USD mn) -1,609.3 Aug 2023 monthly Jan 1993 - Aug 2023
Cyprus (USD mn) -730.2 Aug 2023 monthly Jan 1957 - Aug 2023
Czech Republic (USD mn) 993.2 Aug 2023 monthly Jan 1996 - Aug 2023
Denmark (USD mn) -57.3 Sep 2023 monthly Jan 1997 - Sep 2023
Ecuador (USD mn) 525.4 Sep 2023 monthly Mar 1992 - Sep 2023
Egypt (USD mn) -3,139.0 Sep 2023 monthly Jan 1957 - Sep 2023
Estonia (USD mn) -221.4 Sep 2023 monthly Jan 1993 - Sep 2023
European Union (USD mn) 7,391.6 Sep 2023 monthly Jan 2002 - Sep 2023
Finland (USD mn) 389.5 Sep 2023 monthly Jan 1992 - Sep 2023
France (USD mn) -9,516.2 Sep 2023 monthly Jan 2000 - Sep 2023
Georgia (USD mn) -713.3 Sep 2023 monthly Jan 1995 - Sep 2023
Germany (USD mn) 18,763.4 Oct 2023 monthly Jan 1957 - Oct 2023
Ghana (USD mn) 112.7 Aug 2023 monthly Mar 2005 - Aug 2023
Greece (USD mn) -2,856.3 Sep 2023 monthly Jan 2002 - Sep 2023
Hong Kong SAR, China (USD mn) -8,249.3 Sep 2023 monthly Jan 1957 - Sep 2023
Hungary (USD mn) 1,349.2 Sep 2023 monthly Jan 1976 - Sep 2023
Iceland (USD mn) -107.2 Sep 2023 monthly Jan 1957 - Sep 2023
India (USD mn) -31,460.0 Oct 2023 monthly Jan 1957 - Oct 2023
Indonesia (USD mn) 3,475.6 Oct 2023 monthly Jan 1967 - Oct 2023
Iran (USD mn) 22,668.0 2021 yearly 1948 - 2021
Ireland (USD mn) 4,496.1 Sep 2023 monthly Jan 1970 - Sep 2023
Israel (USD mn) -1,945.5 Oct 2023 monthly Jan 1988 - Oct 2023
Italy (USD mn) 3,509.0 Sep 2023 monthly Jan 1993 - Sep 2023
Ivory Coast (USD mn) -3.6 Jul 2023 monthly Jan 1981 - Jul 2023
Japan (USD mn) -3,088.4 Oct 2023 monthly Apr 1995 - Oct 2023
Jordan (USD mn) -1,221.4 Sep 2023 monthly Jan 1972 - Sep 2023
Kazakhstan (USD mn) 1,592.6 Sep 2023 monthly Sep 1995 - Sep 2023
Kenya (USD mn) -847.6 Sep 2023 monthly Oct 1992 - Sep 2023
South Korea (USD mn) 1,627.2 Oct 2023 monthly Jan 1966 - Oct 2023
Kosovo (USD mn) -478.8 Sep 2023 monthly Jan 2003 - Sep 2023
Kuwait (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Kyrgyzstan (USD mn) -772.6 Aug 2023 monthly Jan 2002 - Aug 2023
Laos (USD mn) 200.4 Jun 2023 quarterly Dec 1992 - Jun 2023
Latvia (USD mn) -552.3 Sep 2023 monthly Jan 1995 - Sep 2023
Lebanon (USD mn) -397.4 Aug 2023 monthly Jan 1993 - Aug 2023
Lithuania (USD mn) -404.5 Sep 2023 monthly Jan 1999 - Sep 2023
Luxembourg (USD mn) -778.9 Aug 2023 monthly Jan 1988 - Aug 2023
Macau SAR, China (USD mn) -1,326.7 Sep 2023 monthly Jan 1998 - Sep 2023
North Macedonia (USD mn) -222.8 Sep 2023 monthly Dec 1993 - Sep 2023
Malawi (USD mn) -42.8 Feb 2023 monthly Jan 1964 - Feb 2023
Malaysia (USD mn) 3,930.5 Sep 2023 monthly Jan 1990 - Sep 2023
Malta (USD mn) -247.2 Sep 2023 monthly Jan 1960 - Sep 2023
Mauritius (USD mn) -376.1 Aug 2023 monthly Jan 2006 - Aug 2023
Mexico (USD mn) -822.1 Sep 2023 monthly Jan 1993 - Sep 2023
Moldova (USD mn) -354.6 Sep 2023 monthly Jan 1992 - Sep 2023
Mongolia (USD mn) 370.3 Oct 2023 monthly Jan 1997 - Oct 2023
Montenegro (USD mn) -326.1 Sep 2023 monthly Jan 2005 - Sep 2023
Morocco (USD mn) -2,344.4 Sep 2023 monthly Jan 1957 - Sep 2023
Mozambique (USD mn) -60.6 Sep 2023 monthly Jan 2011 - Sep 2023
Myanmar (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Nepal (USD mn) -1,003.8 Oct 2023 monthly Aug 1974 - Oct 2023
Netherlands (USD mn) 14,566.2 Sep 2023 monthly Jan 1996 - Sep 2023
New Zealand (USD mn) -1,007.1 Oct 2023 monthly Jan 1960 - Oct 2023
Nigeria (USD mn) 2,864.8 Jun 2023 monthly Jan 2003 - Jun 2023
Norway (USD mn) 7,882.6 Oct 2023 monthly Jan 1957 - Oct 2023
Oman (USD mn) 1,870.2 Jun 2023 monthly Jan 1975 - Jun 2023
Pakistan (USD mn) -1,888.0 Nov 2023 monthly Jan 1968 - Nov 2023
Palestinian Territory (USD mn) -558.5 Jul 2023 monthly Jan 2011 - Jul 2023
Panama (USD mn) -1,047.8 Aug 2023 monthly Jan 1964 - Aug 2023
Paraguay (USD mn) 137.9 Oct 2023 monthly Jan 1994 - Oct 2023
Peru (USD mn) 1,200.1 Sep 2023 monthly Jan 1985 - Sep 2023
Philippines (USD mn) -3,511.0 Sep 2023 monthly Jan 1957 - Sep 2023
Poland (USD mn) 1,186.9 Sep 2023 monthly Jan 1986 - Sep 2023
Portugal (USD mn) -2,317.3 Sep 2023 monthly Jan 1957 - Sep 2023
Qatar (USD mn) 5,458.2 Sep 2023 monthly Jan 2014 - Sep 2023
Romania (USD mn) -2,295.9 Sep 2023 monthly Aug 1990 - Sep 2023
Russia (USD mn) 10,731.9 Jan 2023 monthly Jan 1998 - Jan 2023
Saudi Arabia (USD mn) 221,307.4 2022 yearly 1957 - 2022
Serbia (USD mn) -612.4 Sep 2023 monthly Jan 2001 - Sep 2023
Singapore (USD mn) 4,766.8 Oct 2023 monthly Jan 1976 - Oct 2023
Slovakia (USD mn) 526.6 Aug 2023 monthly Jan 2004 - Aug 2023
Slovenia (USD mn) -1,277.8 Aug 2023 monthly Nov 1991 - Aug 2023
South Africa (USD mn) 692.9 Sep 2023 monthly Oct 2004 - Sep 2023
Spain (USD mn) -3,304.6 Aug 2023 monthly Sep 1973 - Aug 2023
Sri Lanka (USD mn) -377.5 Sep 2023 monthly Jan 1982 - Sep 2023
Sudan (USD mn) -829.9 Dec 2022 monthly Jan 2003 - Dec 2022
Sweden (USD mn) 198.5 Sep 2023 monthly Jan 1957 - Sep 2023
Switzerland (USD mn) 3,363.3 Oct 2023 monthly Jan 1957 - Oct 2023

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Ghana Key Series

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Includes 123 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 (%) -4.6 Jun 2023 quarterly Dec 2008 - Jun 2023
Consolidated Fiscal Balance (USD mn) 239.230 Jun 2023 monthly Jan 2008 - Jun 2023
Tax Revenue (USD mn) 1,009.808 Jun 2023 monthly Jan 2008 - Jun 2023
Tax Revenue: % of GDP (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Government Debt: % of GDP (%) 70.7 2022 yearly 2006 - 2022
Forecast: Government Expenditure (GHS bn) 435.057 2028 yearly 1980 - 2028
Forecast: Government Net Debt (GHS bn) 1,247.210 2028 yearly 1990 - 2028
Forecast: Government Revenue (GHS bn) 338.055 2028 yearly 1982 - 2028
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.394 2028 yearly 1980 - 2028
Trade Balance (USD mn) 112.7 Aug 2023 monthly Mar 2005 - Aug 2023
Total Exports (USD mn) 1,290.0 Aug 2023 monthly Jan 2010 - Aug 2023
Total Exports Growth (%) -12.8 Aug 2023 monthly Jan 2011 - Aug 2023
Aluminum: Exports (USD th) 123,640.006 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 7,139.214 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 1,273.109 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,177.3 Aug 2023 monthly Mar 2005 - Aug 2023
Total Imports Growth (%) -11.1 Aug 2023 monthly Mar 2006 - Aug 2023
Imports: Medicament (USD th) 204,070.187 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 67,696.289 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 18.757 Jul 2023 monthly Feb 1985 - Jul 2023
Total Imports from USA (USD mn) 121.666 Jul 2023 monthly Jun 1995 - Jul 2023
Total Exports to China (USD mn) 236.075 Jul 2023 monthly May 1995 - Jul 2023
Total Imports from China (USD mn) 170.063 Jul 2023 monthly Jun 1986 - Jul 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2.7 Dec 2022 quarterly Mar 2011 - Dec 2022
Current Account Balance (USD mn) 173.0 Jun 2023 quarterly Mar 2005 - Jun 2023
Current Account Balance: % of GDP (%) 1.0 Jun 2023 quarterly Mar 2006 - Jun 2023
Foreign Direct Investment (USD mn) 324.8 Dec 2022 quarterly Mar 2011 - Dec 2022
Foreign Direct Investment: % of GDP (%) 2.0 Dec 2022 quarterly Mar 2011 - Dec 2022
Foreign Portfolio Investment (USD mn) -308.059 Dec 2021 quarterly Mar 2011 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) -1.2 Dec 2022 quarterly Mar 2011 - Dec 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 2022 yearly 1975 - 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -189.016 Dec 2022 quarterly Mar 2011 - Dec 2022
External Debt (USD mn) 29,185.2 Nov 2022 monthly Jan 2012 - Nov 2022
External Debt: % of GDP (%) 35.7 2021 yearly 1999 - 2021
Forecast: Current Account Balance (USD bn) -2.826 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -23,095.226 2022 yearly 2006 - 2022
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 0.000 Dec 2022 quarterly Mar 2022 - Dec 2022
BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 Dec 2022 quarterly Mar 2022 - Dec 2022
BoP: Financial Account: Financial Derivatives & Employee Stock Options: Assets (USD mn) 0.000 Dec 2022 quarterly Mar 2022 - Dec 2022
BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liabilit... (USD mn) 0.000 Dec 2022 quarterly Mar 2022 - Dec 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 20.0 Aug 2023 monthly Dec 2005 - Aug 2023
Non-Performing Loans (USD mn) 1,243.949 Jun 2023 quarterly Mar 2008 - Jun 2023
Money Supply M1 (USD mn) 8,738.344 Jun 2023 quarterly Mar 1990 - Jun 2023
Money Supply M2 (USD mn) 13,646.252 Jun 2023 quarterly Mar 1990 - Jun 2023
M2 Growth (%) 40.9 Jun 2023 quarterly Mar 1991 - Jun 2023
Foreign Exchange Reserves (USD mn) 5,867.6 Jun 2022 monthly Jan 1965 - Jun 2022
Foreign Exchange Reserves: % of GDP (%) 7.169 Jun 2022 quarterly Dec 2006 - Jun 2022
Foreign Exchange Reserves: Months of Import (NA) 4.3 Jun 2022 monthly Mar 2005 - Jun 2022
Gold Reserves (Metric Ton) 1,000.000 2022 yearly 2008 - 2022
Total Deposits (USD mn) 16,995.968 Aug 2023 monthly Dec 2004 - Aug 2023
Total Deposits Growth (%) 39.9 Aug 2023 monthly Dec 2005 - Aug 2023
Domestic Credit (USD mn) 23,489.4 Jun 2023 monthly Jan 1967 - Jun 2023
Domestic Credit Growth (%) 28.6 Jun 2023 monthly Jan 1968 - Jun 2023
Total Loans (USD mn) 6,649.444 Jun 2023 monthly Dec 2011 - Jun 2023
Total Loans Growth (%) 15.41 Jun 2023 monthly Dec 2012 - Jun 2023
Private Debt: % of Nominal GDP (%) 9.66 Jun 2023 quarterly Dec 2013 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 3.7 Aug 2023 monthly Dec 2013 - Aug 2023

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