The Impact of the 15% US trade tariff on Ghanaian Exports

The United States (US) is one of Ghana’s trading partners, with total bilateral trade reaching approximately $2.1 billion in 2024. Of this, Ghana exported goods worth $1.2 billion to the US, up from $787.79 million in 2023, and imported $967 million worth of goods from the US, up from $106.3 million in 2023.  The US market offers a well-established, complementary destination for several key export items from Ghana, including apparel, cocoa products, gold jewelry, shea butter, and horticultural goods such as root crops (yams), fruits, vegetables, and cashews. Ghana primarily imports cars, machinery, refined petroleum products, and ethylene polymers from the United States.  

Despite the diverse composition of traded goods, the volume of trade between the two countries is relatively modest compared to Ghana’s trade with partners such as China, Switzerland, and India. According to the Ghana Statistical Service, the United States is not among Ghana’s top five export destinations, with exports to the US accounting for less than 5 percent of Ghana’s total exports. 

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