Ghana’s Import Trends: Fuel and Unusual Items in Top 10
Ghana’s trade data for 2024 reveals a mix of essential and unexpected imports, with fuel and machinery dominating the list. According to the Ghana Statistical Service (GSS), diesel (Automotive Gas Oil) led imports, accounting for GH₵28.9 billion (11.6%). Light oils and motor spirit followed closely at GH₵24.1 billion (9.6%).
Interestingly, used vehicles (1,500cc–3,000cc) ranked as the fifth-largest import at GH₵4.2 billion (1.7%), while an unexpected item—guts, bladders, and stomachs of animals—entered the top 10 with an import value of GH₵2.69 billion (1.1%). Other significant imports included bulldozers, cement clinker, and herbicides.
Despite the high import volume, Ghana maintained a trade surplus of GH₵44.7 billion, as exports reached GH₵294.9 billion, outpacing imports of GH₵250.2 billion. The surplus was driven primarily by strong performances in gold, petroleum, and cocoa exports.
While the country remains reliant on fuel and industrial equipment, the inclusion of animal intestines and used vehicles highlights evolving trade demands. Analysts predict that shifting consumer preferences and industrial needs will shape Ghana’s import patterns in the coming years.
As Ghana moves towards 2025, policymakers may seek to balance import dependency with local production growth, ensuring economic resilience amid global trade fluctuations.