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Ghana is considered a middle income country and has a good supplier market. It is possible to procure on the local market which is able to meet demand and has the ability to scale up if required. Some specific heavy equipment or high-tech devices might not be available in the local market. The main markets are in the southern part of Ghana while the northern part is poorer with smaller markets. Recent data reveals a clear evidence of a weakening manufacturing sector as domestic markets are now flooded with imports at highly competitive prices.

The agricultural sector plays a crucial role in the economy of Ghana. In addition to contributing 60% of formal and informal employment, the sector has contributed an average of 35% to GDP in the past five years. The agricultural sector is segmented into crops (cereals and starchy crops such as cassava, plantain and yam), livestock, fisheries, forestry and cocoa. There are no large-scale processing facilities that use the main agricultural produce of the country apart from those that process cocoa. Supply chains for agribusinesses that rely on local agricultural produce such as maize, cassava and fruits are characterized by poor transportation infrastructure, poor storage systems and an absence of quality-assurance systems. The result is irregular deliveries, unreliable performance on supply contracts and a high cost of inputs.

Ghana is the 76th largest export economy in the world and the 100th most complex economy according to the Economic Complexity Index (ECI). In 2013, Ghana exported $18.8B and imported $15.4B, resulting in a positive trade balance of $3.39B. In 2013 the GDP of Ghana was $48.1B and its GDP per capita was $3.99k.

The top exports of Ghana are Gold ($5.56B), Cocoa Beans ($5.02B), Crude Petroleum ($3.48B), Special Purpose Ships ($608M) and Cocoa Paste ($399M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Special Purpose Ships ($1.55B), Refined Petroleum ($705M), Cars ($651M), Delivery Trucks ($442M) and Rice ($404M).

 

For information on Ghana Additional Service provider contact details, please see the following link: 4.9 Ghana Additional Service Provision Contact List