| March 2012 |
Total Exports To Ghana
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Motor vehicles for transporting people | $51,067,259 |
2 | Oil, not crude | $43,425,695 |
3 | Parts for heavy machinery | $22,887,402 |
4 | Wood in the rough, stripped or not of sapwood, etc | $15,627,105 |
5 | Angles, shapes, sections, iron and nonalloy steel | $15,350,918 |
6 | Rice | $14,573,797 |
7 | Aircraft | $14,002,561 |
8 | Petroleum gases, other gaseous hydrocarbons | $12,773,949 |
9 | Self-propelled heavy construction machinery | $12,179,730 |
10 | Low value shipments | $9,707,567 |
Total Imports From Ghana
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Oil, not crude | $22,942,894 |
2 | Cocoa Beans | $21,176,851 |
3 | Cocoa powder, not sweetened | $6,469,012 |
4 | Cocoa Butter, Fat and Oil 1804 | $4,553,148 |
5 | Rubber | $3,544,216 |
6 | Cocoa Paste, Defatted or Not 1803 | $3,037,793 |
7 | Wood, sawed or chipped, greater than 6 meters thic | $2,218,821 |
8 | Cassava, arrowroot, fresh or dry | $1,646,513 |
9 | Veneer sheets not more than 6 mm thick | $1,030,085 |
10 | Imports of returned exports | $575,496 |
| March 2012 |
Top Ghana Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | New York City | $97,494,480 |
2 | Houston | $91,371,542 |
3 | Atlanta/Savannah | $49,094,772 |
4 | U.S. Virgin Islands | $43,293,250 |
5 | Baltimore | $28,134,955 |
6 | New Orleans | $21,651,910 |
7 | Jacksonville/Tampa | $18,387,910 |
8 | Norfolk | $15,018,596 |
9 | Philadelphia | $13,417,050 |
10 | Low Value Shipments | $9,943,182 |
Top US Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CANADA | $153,987,495,076 |
2 | MEXICO | $122,398,351,478 |
3 | CHINA | $120,983,448,879 |
4 | JAPAN | $54,762,867,594 |
5 | GERMANY | $38,277,050,668 |
6 | UNITED KINGDOM | $28,840,373,748 |
7 | SOUTH KOREA | $25,150,256,689 |
8 | BRAZIL | $19,088,773,913 |
9 | SAUDI ARABIA | $18,638,133,172 |
10 | FRANCE | $17,857,130,070 |
Ghana’s trade rose to $426,861,682 through March
Ghana’s trade with the United States rose to $426,861,682 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -10.87 percent below its total trade during the same time period last year. Ghana’s exports increased 42.64 percent while imports dropped -69.11 percent. The U.S. surplus with Ghana was $285,202,934.
Through March, Ghana’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Houston, No. 3 Atlanta/Savannah, No. 4 U.S. Virgin Islands and No. 5 Baltimore compared to last year when the top spots were held by No. 1 New York City, No. 2 Philadelphia, No. 3 Houston, No. 4 Atlanta/Savannah and No. 5 U.S. Virgin Islands. In the current time period, the top five accounted for 37.97 percent of Ghana’s U.S. trade.. That compares to 54.79 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 -34.13 percent to $97,494,480.
Exports rose 5.78 percent to $60,667,453. Imports fell -59.38 percent to $36,827,027. - Trade with No. 2 Houston rose 56.16 percent to $91,371,542.
Exports rose 35.68 percent to $75,942,200. Imports rose 507.63 percent to $15,429,342. - Trade with No. 3 Atlanta/savannah rose 21.06 percent to $49,094,772.
Exports rose 25.70 percent to $48,721,537. Imports fell -79.20 percent to $373,235. - Trade with No. 4 U.s. Virgin Islands rose 40.31 percent to $43,293,250.
Exports rose 40.34 percent to $43,293,250. Imports fell -100.00 percent to $0. - Trade with No. 5 Baltimore rose 50.80 percent to $28,134,955.
Exports rose 51.65 percent to $27,989,744. Imports fell -27.65 percent to $145,211.
Through March, 26 Customs districts posted trade surpluses with Ghana while 10 had deficits. That compares with 22 surpluses and 12 deficits for the same period one year ago. The top surplus was with Houston at $60,512,858, the largest deficit was with Charleston at $-1,336,299.
Meanwhile, total U.S. trade with the world increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700; imports rose 5.09 percent to $43,800,507,934. The nation’s top five countries so far this year, by value, are Canada, Mexico, China, Japan and Germany. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.
The top five U.S. exports to Ghana by value through March were motor vehicles for transporting people; oil, not crude; parts for heavy machinery; wood in the rough, stripped or not of sapwood, etc; and angles, shapes, sections, iron and nonalloy steel, respectively. They accounted for 41.67 percent of total exports to Ghana.
The value of the top five U.S. imports from Ghana -- oil, not crude; cocoa beans; cocoa powder, not sweetened; cocoa butter, fat and oil 1804; and rubber -- accounted for 82.86 percent of all inbound shipments.
Looking more closely at U.S. exports to Ghana:
- Motor vehicles for transporting people rose 45.95 percent compared to last year to $51,067,259.
- Oil, not crude rose 39.56 percent compared to last year to $43,425,695.
- Parts for heavy machinery rose 8.31 percent compared to last year to $22,887,402.
- Wood in the rough, stripped or not of sapwood, etc rose 1,859.24 percent compared to last year to $15,627,105.
- Angles, shapes, sections, iron and nonalloy steel rose compared to last year to $15,350,918.
Looking more closely at U.S. imports from Ghana
- Oil, not crude fell -44.04 percent compared to last year to $22,942,894.
- Cocoa Beans fell -55.59 percent compared to last year to $21,176,851.
- Cocoa powder, not sweetened rose 12.11 percent compared to last year to $6,469,012.
- Cocoa Butter, Fat and Oil 1804 rose 14.01 percent compared to last year to $4,553,148.
- Rubber fell -36.95 percent compared to last year to $3,544,216.
In the latest annual figures available, Ghana recorded $478,907,774 in trade with the United States. At year’s end, its top five Customs districts were New York City, Philadelphia, Houston, Atlanta/Savannah and U.S. Virgin Islands. Total U.S. exports to Ghana were $1,192,523,779 and imports from Ghana were $778,992,716. The U.S. surplus with Ghana was $413,531,063.