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April 2013

Top Exports To Ghana

Total Exports To Ghana: $420,040,477
RankCommodityTotal YTD Exports
1Motor vehicles for transporting people $79,625,113
2Oil, not crude $78,255,052
3Poultry, fresh, chilled or frozen $28,187,637
4Rice $21,879,986
5Parts for heavy machinery $20,418,320
6Misc. machinery for moving, grading $12,623,309
7Low value shipments $12,327,905
8Self-propelled heavy construction machinery $10,069,223
9Angles, shapes, sections, iron and nonalloy steel $7,649,406
10Motor vehicle parts $7,337,015

Total Imports From Ghana

Total Imports From Ghana: $101,645,137
RankCommodityTotal YTD
1Cocoa Beans $64,320,675
2Cocoa powder, not sweetened $5,876,806
3Rubber $5,073,371
4Manganese ores and concentrates $3,826,116
5Imports of returned exports $3,506,540
6Wood, sawed or chipped, greater than 6 meters thic $3,456,012
7Cassava, arrowroot, fresh or dry $3,133,014
8Cocoa Paste, Defatted or Not 1803 $2,737,644
9Veneer sheets not more than 6 mm thick $1,407,826
10Gold $1,344,380
April 2013

Top Ghana Trading Partners

Total Ghana trade: $521,685,614
RankDistrictTotal YTD
1New York City $143,934,351
2New Orleans $119,401,268
3Houston $90,658,138
4Atlanta/Savannah $38,363,630
5Norfolk $26,789,116
6Philadelphia $17,966,370
7Baltimore $16,745,268
8Low Value Shipments $12,706,271
9Jacksonville/Tampa $10,626,160
10Charleston $9,526,689

Top US Trading Partners

Total U.S. trade for all countries: $1,240,094,299,613
Rank Commodity Total YTD Exports
1 CANADA $208,978,587,734
2 CHINA $167,425,009,162
3 MEXICO $164,532,690,124
4 JAPAN $67,112,714,884
5 GERMANY $51,552,541,119
6 SOUTH KOREA $34,229,534,716
7 UNITED KINGDOM $32,584,296,233
8 FRANCE $24,202,553,636
9 BRAZIL $21,977,714,927
10 SAUDI ARABIA $20,869,108,860

Ghana’s trade rose to $521,685,614 through April

Ghana’s trade with the United States rose to $521,685,614 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -8.05 percent below its total trade during the same time period last year. Ghana’s exports decreased -10.07 percent while imports rose 1.37 percent. The U.S. surplus with Ghana was $318,395,340.

Through April, Ghana’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 New Orleans, No. 3 Houston, No. 4 Atlanta/Savannah and No. 5 Norfolk compared to last year when the top spots were held by No. 1 New York City, No. 2 Houston, No. 3 Atlanta/Savannah, No. 4 U.S. Virgin Islands and No. 5 Baltimore. In the current time period, the top five accounted for 24.46 percent of Ghana’s U.S. trade.. That compares to 35.35 percent for the nation’s top five Customs districts during the same time period.

Taking a closer look at the leading U.S. gateways for U.S. trade with Ghana,:

  • Trade with No. 1 New York City fell -5.20 percent to $143,934,351.
    Exports fell -12.26 percent to $81,222,238. Imports rose 5.83 percent to $62,712,113.
  • Trade with No. 2 New Orleans rose 335.33 percent to $119,401,268.
    Exports rose 322.70 percent to $115,422,794. Imports rose 3,185.33 percent to $3,978,474.
  • Trade with No. 3 Houston fell -22.86 percent to $90,658,138.
    Exports fell -13.29 percent to $86,690,783. Imports fell -77.39 percent to $3,967,355.
  • Trade with No. 4 Atlanta/savannah fell -45.99 percent to $38,363,630.
    Exports fell -47.94 percent to $36,747,592. Imports rose 262.23 percent to $1,616,038.
  • Trade with No. 5 Norfolk rose 31.71 percent to $26,789,116.
    Exports rose 33.54 percent to $25,877,985. Imports fell -5.27 percent to $911,131.

Through April, 23 Customs districts posted trade surpluses with Ghana while 10 had deficits. That compares with 28 surpluses and 9 deficits for the same period one year ago. The top surplus was with New Orleans at $111,444,320, the largest deficit was with Philadelphia at $-17,413,170.

Meanwhile, total U.S. trade with the world decreased to $1,240,094,299,613, down -0.88 percent compared to the same period last year. The nation’s exports climbed 0.32 percent to $4,038,186,093; imports dropped -1.20 percent to $-15,017,653,007. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-214,073,880,779, down compared to the same period of last year when the deficit was $-233,129,719,879.

The top five U.S. exports to Ghana by value through April were motor vehicles for transporting people; oil, not crude; poultry, fresh, chilled or frozen; rice; and parts for heavy machinery, respectively. They accounted for 54.37 percent of total exports to Ghana.

The value of the top five U.S. imports from Ghana -- cocoa beans; cocoa powder, not sweetened; rubber; manganese ores and concentrates; and imports of returned exports -- accounted for 81.27 percent of all inbound shipments.

Looking more closely at U.S. exports to Ghana:

  • Motor vehicles for transporting people rose 12.30 percent compared to last year to $79,625,113.
  • Oil, not crude rose 80.03 percent compared to last year to $78,255,052.
  • Poultry, fresh, chilled or frozen rose 117.39 percent compared to last year to $28,187,637.
  • Rice rose 31.59 percent compared to last year to $21,879,986.
  • Parts for heavy machinery fell -31.29 percent compared to last year to $20,418,320.

Looking more closely at U.S. imports from Ghana

  • Cocoa Beans rose 59.57 percent compared to last year to $64,320,675.
  • Cocoa powder, not sweetened fell -32.60 percent compared to last year to $5,876,806.
  • Rubber fell -7.96 percent compared to last year to $5,073,371.
  • Manganese ores and concentrates rose compared to last year to $3,826,116.
  • Imports of returned exports rose 201.18 percent compared to last year to $3,506,540.

In the latest annual figures available, Ghana recorded $567,332,055 in trade with the United States. At year’s end, its top five Customs districts were New York City, Houston, Atlanta/Savannah, New Orleans and Baltimore. Total U.S. exports to Ghana were $1,309,253,735 and imports from Ghana were $291,042,871. The U.S. surplus with Ghana was $1,018,210,864.

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