The United Arab Emirates (UAE) remains Ghana's top export destination, for the second quarter of 2024, accounting for GH₵15.0 billion, data from the Ghana Statistical Service (GSS) has revealed.
According to the GSS, this represents 23.3 percent of total exports.
“Switzerland followed closely with exports valued at GH₵13.2 billion representing 20.5%, while South Africa ranked third, with exports amounting to GH₵8.3 billion (12.9%)”, the data captured.
A breakdown of the data shows that Ghana’s import market was predominated by gas oil (GH₵7.3 billion) and motor spirit super (GH₵7.2 billion), which together contributed a quarter (24.7%) of the total import value of GH₵58.8 billion.
China remained the primary source of Ghana’s imports, contributing GH₵12.3 billion (20.9% of total imports), followed by the UAE with a value of GH₵9.1 billion (15.4%) and the United Kingdom with an import value of GH₵5.2 billion (8.8%).
The Export and Import Unit Value Indices (UVIs) revealed price shifts in key commodities.
“Export prices recorded a 40.5 percent year-on-year increase, driven largely by surging gold prices while import prices increased by 18.9 percent”.
Latest Stories
-
Accra: A little downpour, plenty plastics
14 mins -
NDC demands response to petition submitted to EC
19 mins -
Vivo Energy Ghana achieves outstanding safety milestone – 5000 Goal Zero Days
28 mins -
Popular YouTuber Wodemaya incurs the wrath of NPP supporters over supposed ‘insulting’ remark
29 mins -
EL to perform at The New False comedy show by Lekzy DeComic
36 mins -
Women’s Premier Super Cup: Hasaacas, Faith Ladies through to semis
40 mins -
Market sentiments to improve on FX market; one dollar going for GH¢16.48
60 mins -
I’m not the worst Sports Minister in Ghana – Mustapha Ussif
1 hour -
There were no valid grounds for EC to disqualify me – Bernard Mornah
1 hour -
Trey La to break boundaries with ‘The Money Trey’ EP and book
2 hours -
Tanzanian side Simba Queens unveil Yussif Basigi as new coach
2 hours -
2024 Woarabeba Tweii Festival launched
2 hours -
UAE remains Ghana’s top export destination – GSS reveals
2 hours -
NAPO hails NPP’s cocoa sector achievements as ‘unprecedented’
2 hours -
Export value of cocoa beans dropped by 26.9% in the second quarter of 2024
2 hours