In 2022, Ghana encountered significant trade imbalance, evident in the inaugural Trade Vulnerability Report by the Ghana Statistical Service (GSS).

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The report discloses a GH₵‎4.5 billion excess of imports over exports, signifying a substantial economic challenge. Notably, September marked the most pronounced contrast with imports surpassing exports by GHS4 billion.

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"In 9 of 12 months, imports exceeded exports. The largest variation was in September (GH₵4.5 billion)."

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Furthermore, the report highlights that Ghana's imports span 209 countries, contrasting with the involvement of 161 countries in its exports.

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Professor Samuel Kobina Annim, the Government Statistician, presented these findings, emphasizing their value for policymakers, economists, and stakeholders. The data offers crucial insights for shaping future strategies toward a balanced and resilient trade environment.

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The report indicates Ghana's primary exports are gold (37.5%), mineral fuels and oils (30.6%), and cocoa beans and products (12.4%), collectively comprising over 80.0% of exports.

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Imports are dominated by mineral fuels and oils (26.8%), machinery and electrical equipment (13.3%), and chemical products (10.7%).

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Ghana's trade links, both exports and imports, are chiefly with Europe, constituting over a third of all exports (35.9%) and imports (39.2%). Asia follows with 28.5% of exports and 37.2% of imports.

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