• 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

Ghana’s exports to the EU rise by 8% in 2023, imports decline by 11%

1 year ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Trade
1 min read
0 0
0
111
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana’s exports to the EU rise by 8% in 2023, imports decline by 11%

Ghana’s exports to the European Union (EU) increased by 8% in 2023, reaching €2.6 billion from €2.4 billion in the previous year, while imports from the EU to Ghana fell from €3.7 billion in 2022 to €3.3 billion in 2023.

This shift resulted in a total trade volume of €6 billion between Ghana and the EU in 2023, according to the Ministry of Trade and Industry.

Addressing the 2nd Ghana-EU Business Forum, KT Hammond, Ghana’s Minister for Trade and Industry, highlighted the country’s favorable investment climate.

“Our 2023 exports saw an 8% rise to €2.6 billion, while imports from the EU experienced an 11% decline to €3.3 billion,” Mr Hammond stated.

The forum, themed “Fostering Investment in Non-Traditional Chains Under EU Global Gateways Strategy,” aimed to enhance trade and investment links between Ghana and the EU.

Myriam Ferran, Deputy Director-General of the European Commission’s Directorate-General for International Partnerships, reaffirmed the EU’s commitment to bolstering trade and investment to achieve the Sustainable Development Goals (SDGs).

RelatedPosts

Banks Write off GHS 893m in Bad Loans for First Half of 2025 

Former Bank of Ghana Deputy Governor Wins Inaugural Women in Leadership Fellowship at Oxford

Banking Industry: Non-Performing Loans Edge Higher to GHS 20.7bn

“This strategy underscores the EU’s commitment to partnering with like-minded countries to build sustainable infrastructure and connectivity globally. It represents the EU’s offer for sustainable bonds in full partnership,” Ms Ferran noted.

She also emphasized the importance of this strategy in the context of current geopolitical challenges, including the Russia-Ukraine war and the situation in Gaza.

During the forum, the EU announced a €32 million Special Measure on Manufacturing and Access to Vaccines, Medicines, and Health Technologies in Africa (MAV+).

This initiative is designed to support the development of vaccine manufacturing and the pharmaceutical industry in Ghana, reflecting the EU’s commitment to enhancing health infrastructure in Africa.

Tags: EUexportsGhana’s exports to the EU rise by 8% in 2023importsimports decline by 11%
No Result
View All Result

Highlights

‘The Gulf of Guinea is our Wall Street, IMF, and World Bank Combined’, Says Air Vice Marshal Hanson 

GJA President Underscores Vital Role of Journalists in Safeguarding Ghana’s Maritime Domain

Barrick Exits Ivory Coast With $305 Million Tongon Mine Sale

Sub-Saharan Africa’s Growth to Accelerate to 3.8% in 2025 Amid Inflation Easing – World Bank

Sub-Saharan Africa Maintains Resilient Growth but Faces Urgent Jobs Challenge

Value or Illusion? Questioning the DStv “Increased Value Offer”

Trending

Banking & Finance

Banks Write off GHS 893m in Bad Loans for First Half of 2025 

October 7, 2025

Banks Write off GHS 893m in Bad Loans for First Half of 2025  Ghana’s banking sector wrote...

Former Bank of Ghana Deputy Governor Wins Inaugural Women in Leadership Fellowship at Oxford

October 7, 2025

Banking Industry: Non-Performing Loans Edge Higher to GHS 20.7bn

October 7, 2025

‘The Gulf of Guinea is our Wall Street, IMF, and World Bank Combined’, Says Air Vice Marshal Hanson 

October 7, 2025

GJA President Underscores Vital Role of Journalists in Safeguarding Ghana’s Maritime Domain

October 7, 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.