• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Intra-Africa Trade: Ghana ranked 12th in Sub-Sahara

5 years ago
in Business, highlights, Home, home-news, latest News, Trade
1 min read
0 0
0
Alan Kyeremanten, Trade Minister - norvanreports

Alan Kyeremanten, Trade Minister - norvanreports

122
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana, according to the trade Statistics of the International Monetary Fund (IMF), is the twelveth country with the most exports to other African countries on the Continent.

The IMF states that Ghana’s exports to the other 53 African Countries that are signatories or have ratified the African Continental Free Trade Area (AfCFTA) agreement, accounts for 17 per cent of intra-trade on the continent.

Ghana’s position as the 12th biggest country in terms of intra-trade on the continent favours businesses in the country as they can leverage on it and compete with their peers in other African countries despite the relatively high cost of borrowing in the country.

While intra-trade on the Continent generally remains low – around 15 per cent – intra-trade among Economic Community of West African States (ECOWAS) improved significantly with Togo and Burkina Faso being the biggest importers of goods from Ghana.

The trade statistics of the IMF also revealed that, Europe is Ghana’s biggest trade partner with Non-Traditional Exports (NTEs) worth some $1.11 billion exported to Europe.

Rwanda was ranked first in terms of intra-trade on the continent with 46.6 per cent of total exports followed by Lesotho. Benoni and Ivory Coast are the only ECOWAS countries in the top ten placing 9 and 10 respectively, ahead of Ghana.

The IMF has said the impact of trade liberalisation in Africa will be positive for the region’s economic potential but the impact is likely to be minimal.

RelatedPosts

Gold Industry Sees Price Rising to Near $5,000/Oz Over 12 Months

Ghana Retains 6th Spot Among Africa’s Top Investment Destinations — RMB Report

Over 40% of Nigeria’s Informal Businesses Make Less Than $12 Daily

Source: norvanreports
Via: Snr Fuaad Dodoo
Tags: ECOWASGhana ranked 12th in Sub-SaharaInternational Monetary Fund (IMF) trade statisticsIntra-Africa trade
No Result
View All Result

Highlights

MTN Ghana’s Service Revenue Hits GHS 17.3bn, Driven by Data and Mobile Money Expansion

Ghana Stock Exchange Ends Tuesday Lower on Losses in Financial and Telecom Stocks

Norrie Stuns Alcaraz to End World Number One’s Winning Streak at Paris Masters

Ghana, Nigeria, South Africa Qualify for TotalEnergies CAF Women’s Africa Cup of Nations 2026

PSG Posts Record Turnover of €837 Million After Champions League Triumph

Nestlé Ghana to Launch “No Refined Sugar” Variant of CERELAC®️

Trending

Business

Gold Industry Sees Price Rising to Near $5,000/Oz Over 12 Months

October 29, 2025

Gold Industry Sees Price Rising to Near $5,000/Oz Over 12 Months The price of gold is expected...

Ghana Retains 6th Spot Among Africa’s Top Investment Destinations — RMB Report

October 29, 2025

Over 40% of Nigeria’s Informal Businesses Make Less Than $12 Daily

October 29, 2025

MTN Ghana’s Service Revenue Hits GHS 17.3bn, Driven by Data and Mobile Money Expansion

October 29, 2025

Ghana Stock Exchange Ends Tuesday Lower on Losses in Financial and Telecom Stocks

October 29, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.