• 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
101
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

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

“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.

Continue Reading
Tags: EUexportsGhana’s exports to the EU rise by 8% in 2023importsimports decline by 11%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

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.