Ghana - Trade Balance 2016
$-3.1B
+$1.3B from 2015
Ghana's trade balance was $-3.1B in 2016, increased +$1.3B from $-4.4B in 2015. This was the 35th highest globally.
Global Ranking - 2016▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United States | $-503.3B | 4.0% |
| 2nd | United Kingdom | $-46.5B | -15.4% |
| 3rd | India | $-40.5B | 16.1% |
| 4th | Canada | $-36.0B | 6.1% |
| 5th | Egypt, Arab Republic of | $-31.8B | -13.8% |
| 6th | Australia | $-29.2B | -40.9% |
| 7th | Philippines | $-26.9B | -85.5% |
| 8th | Algeria | $-23.1B | -1.5% |
| 9th | Mexico | $-22.9B | 9.6% |
| 10th | Pakistan | $-22.7B | -12.1% |
| 11th | Colombia | $-19.1B | 7.7% |
| 12th | Türkiye | $-14.0B | -23.0% |
| 13th | Lebanon | $-12.4B | 2.7% |
| 14th | Morocco | $-10.8B | -33.7% |
| 15th | Bangladesh | $-9.3B | 36.0% |
| 16th | France | $-8.6B | -197.6% |
| 17th | Jordan | $-8.0B | 7.5% |
| 18th | Yemen, Republic of | $-6.7B | -29.1% |
| 19th | Ukraine | $-6.5B | -171.9% |
| 20th | Turkmenistan | $-6.4B | -80.2% |
| 21st | Nepal | $-6.3B | 1.2% |
| 22nd | Kenya | $-6.3B | 11.4% |
| 23rd | Sri Lanka | $-6.0B | 1.0% |
| 24th | Libya | $-6.0B | 1.6% |
| 25th | Guatemala | $-5.9B | 8.0% |
| 26th | Argentina | $-5.8B | 9.3% |
| 27th | West Bank and Gaza | $-5.7B | -4.9% |
| 28th | Mozambique | $-4.8B | 12.2% |
| 29th | Tunisia | $-4.7B | 2.6% |
| 30th | Guinea | $-4.6B | -76.2% |
| 31st | Congo, Republic of | $-4.2B | 5.9% |
| 32nd | Uzbekistan | $-3.9B | -40.9% |
| 33rd | El Salvador | $-3.8B | 6.7% |
| 34th | Honduras | $-3.1B | 12.0% |
| 35th | Ghana | $-3.1B | 29.6% |
| 36th | Syrian Arab Republic | $-3.0B | 19.3% |
| 37th | Bosnia and Herzegovina | $-2.8B | 5.1% |
| 38th | Somalia, Fed. Rep. | $-2.8B | -5.9% |
| 39th | Cambodia | $-2.6B | -6.5% |
| 40th | Namibia | $-2.6B | 14.5% |
| 41st | Haiti | $-2.6B | 6.3% |
| 42nd | Dominican Republic | $-2.5B | 16.7% |
| 43rd | Finland | $-2.5B | -171.1% |
| 44th | Bolivia, Plurinational State of | $-2.5B | -23.2% |
| 45th | Greece | $-2.5B | -43.4% |
| 46th | Mali | $-2.4B | -17.0% |
| 47th | Zimbabwe | $-2.3B | 36.7% |
| 48th | Kyrgyz Republic | $-2.3B | 14.1% |
| 49th | Georgia | $-2.3B | 9.5% |
| 50th | Sudan | $-2.2B | 21.5% |
| 51st | Congo, Democratic Republic of | $-2.2B | 3.5% |
| 52nd | Nicaragua | $-2.1B | 7.3% |
| 53rd | Senegal | $-2.1B | 7.7% |
| 54th | Tajikistan | $-2.1B | 18.3% |
| 55th | Serbia | $-2.0B | 27.6% |
| 56th | Albania | $-2.0B | -1.7% |
| 57th | Romania | $-2.0B | -34.3% |
| 58th | Guam | $-1.9B | 6.1% |
| 59th | Moldova | $-1.9B | 6.1% |
| 60th | Uganda | $-1.9B | 52.0% |
| 61st | Kosovo | $-1.8B | 0.2% |
| 62nd | New Caledonia | $-1.7B | 18.6% |
| 63rd | Rwanda | $-1.6B | -1.2% |
| 64th | North Macedonia | $-1.6B | 2.9% |
| 65th | Lao PDR | $-1.4B | 46.5% |
| 66th | Tanzania | $-1.4B | 56.4% |
| 67th | Niger | $-1.3B | 19.6% |
| 68th | Montenegro | $-983.6M | -31.4% |
| 69th | Kuwait | $-977.1M | -109.7% |
| 70th | Lesotho | $-946.3M | 8.7% |
| 71st | Cameroon | $-926.1M | 19.3% |
| 72nd | Armenia | $-905.9M | 29.8% |
| 73rd | Sierra Leone | $-903.1M | 14.2% |
| 74th | Timor-Leste | $-885.8M | -3.2% |
| 75th | French Polynesia | $-791.1M | 9.4% |
| 76th | Togo | $-788.2M | 12.8% |
| 77th | Burkina Faso | $-777.9M | 4.4% |
| 78th | Virgin Islands (US) | $-731.0M | -1,229.1% |
| 79th | Zambia | $-693.6M | 41.6% |
| 80th | Panama | $-546.5M | 45.7% |
| 81st | Mauritius | $-537.7M | -10.4% |
| 82nd | Chile | $-527.5M | 77.5% |
| 83rd | Bhutan | $-521.9M | 10.2% |
| 84th | Benin | $-446.1M | 46.5% |
| 85th | Curaçao | $-395.1M | -14.0% |
| 86th | Central African Republic | $-381.2M | -18.2% |
| 87th | Peru | $-361.2M | 92.6% |
| 88th | Mauritania | $-339.3M | 67.6% |
| 89th | Madagascar | $-313.9M | 37.5% |
| 90th | Cabo Verde | $-230.0M | -12.0% |
| 91st | American Samoa | $-210.0M | 11.4% |
| 92nd | Gambia, The | $-187.1M | -1.5% |
| 93rd | Bahamas, The | $-179.3M | -176.3% |
| 94th | Oman | $-169.1M | -107.3% |
| 95th | Tonga | $-163.1M | 21.5% |
| 96th | Kiribati | $-161.1M | -2.6% |
| 97th | Comoros | $-159.9M | 5.6% |
| 98th | Seychelles | $-159.4M | -52.4% |
| 99th | Micronesia, Federated States of | $-150.0M | 7.4% |
| 100th | Samoa | $-149.0M | 11.2% |
| 101st | Djibouti | $-144.4M | -126.5% |
| 102nd | Greenland | $-116.6M | 41.2% |
| 103rd | Northern Mariana Islands | $-116.0M | 24.2% |
| 104th | Vanuatu | $-92.2M | 39.8% |
| 105th | Belarus | $-91.0M | -251.0% |
| 106th | Marshall Islands | $-87.5M | 4.8% |
| 107th | Guinea-Bissau | $-84.1M | -70.5% |
| 108th | Solomon Islands | $-84.0M | 13.9% |
| 109th | Palau | $-67.8M | -14.4% |
| 110th | Maldives | $-50.8M | -113.5% |
| 111th | Belize | $-42.2M | -105.4% |
| 112th | Nauru | $-24.7M | 48.7% |
| 113th | Aruba | $31.2M | 600.2% |
| 114th | Eswatini | $45.2M | -20.5% |
| 115th | Mongolia | $77.1M | 151.6% |
| 116th | Antigua and Barbuda | $119.5M | -26.7% |
| 117th | Faroe Islands | $127.2M | 500.8% |
| 118th | Latvia | $142.7M | 145.6% |
| 119th | Chad | $163.9M | -84.6% |
| 120th | Costa Rica | $201.1M | 146.7% |
| 121st | Lithuania | $313.0M | 176.4% |
| 122nd | San Marino | $381.6M | -2.4% |
| 123rd | Cyprus | $409.6M | -25.4% |
| 124th | Ecuador | $531.4M | 123.6% |
| 125th | Croatia | $579.8M | 441.5% |
| 126th | Estonia | $787.8M | -5.1% |
| 127th | Belgium | $846.9M | -73.3% |
| 128th | Azerbaijan | $1.1B | -33.7% |
| 129th | Côte d'Ivoire | $1.1B | 22.8% |
| 130th | Equatorial Guinea | $1.1B | -39.6% |
| 131st | Botswana | $1.3B | 245.3% |
| 132nd | Brunei Darussalam | $1.3B | -28.2% |
| 133rd | Angola | $1.4B | 150.1% |
| 134th | South Africa | $1.5B | 132.4% |
| 135th | Iceland | $1.5B | 10.5% |
| 136th | New Zealand | $1.5B | -14.7% |
| 137th | Malta | $1.6B | 34.0% |
| 138th | Slovak Republic | $1.7B | -3.6% |
| 139th | Bermuda | $1.8B | 0.8% |
| 140th | Paraguay | $2.4B | 154.7% |
| 141st | Portugal | $2.5B | 66.2% |
| 142nd | Cuba | $2.5B | 5.4% |
| 143rd | Saudi Arabia | $2.5B | 108.6% |
| 144th | Gabon | $2.5B | -3.4% |
| 145th | Bulgaria | $2.7B | 524.6% |
| 146th | Iraq | $2.7B | 389.0% |
| 147th | Bahrain | $2.8B | -19.2% |
| 148th | Uruguay | $3.1B | 1,542.6% |
| 149th | Iran, Islamic Republic of | $3.6B | 143.8% |
| 150th | Slovenia | $3.8B | 10.4% |
| 151st | Kazakhstan | $4.6B | -36.9% |
| 152nd | Israel | $5.1B | -40.2% |
| 153rd | Indonesia | $7.1B | 114.0% |
| 154th | Brazil | $7.2B | 134.5% |
| 155th | Viet Nam | $7.2B | 223.6% |
| 156th | Hong Kong SAR, China | $7.3B | -0.9% |
| 157th | Qatar | $8.9B | -73.0% |
| 158th | Norway | $10.2B | -60.7% |
| 159th | Hungary | $10.6B | 12.1% |
| 160th | Sweden | $12.4B | -23.7% |
| 161st | Poland | $13.9B | 40.5% |
| 162nd | Austria | $14.8B | 6.0% |
| 163rd | Czechia | $15.2B | 33.8% |
| 164th | Macao SAR, China | $18.3B | 6.8% |
| 165th | Denmark | $18.8B | -3.9% |
| 166th | Malaysia | $20.0B | -11.7% |
| 167th | Luxembourg | $21.0B | 7.5% |
| 168th | Puerto Rico (US) | $28.4B | 7.8% |
| 169th | Japan | $40.3B | 263.7% |
| 170th | Spain | $49.3B | 35.5% |
| 171st | Thailand | $56.1B | 33.9% |
| 172nd | Ireland | $57.0B | -36.5% |
| 173rd | Italy | $59.7B | 13.5% |
| 174th | Russian Federation | $66.3B | -39.6% |
| 175th | Switzerland | $69.3B | -5.1% |
| 176th | Singapore | $83.9B | -0.2% |
| 177th | Netherlands | $86.5B | 45.6% |
| 178th | United Arab Emirates | $89.9B | 0.4% |
| 179th | Korea | $99.9B | -0.9% |
| 180th | China | $255.5B | -28.8% |
| 181st | Germany | $257.0B | 1.2% |
FAQ
What was Ghana's trade balance in 2016?▾
Ghana's trade balance in 2016 was $-3.1B. This ranked 35th globally.
How did Ghana's trade balance change in 2016?▾
Ghana's trade balance increased by 29.6% in 2016 compared to 2015.
Which country had the highest trade balance in 2016?▾
Germany had the highest trade balance in 2016 at $257.0B.
What is the trade balance of Ghana in 2016?▾
The trade balance of Ghana in 2016 was $-3.1B. This ranked 35th globally.
How does 2016 compare to 2015 for Ghana's trade balance?▾
Ghana's trade balance went from $-4.4B in 2015 to $-3.1B in 2016, a 29.6% increase.
Related
2015
2017
All years
Full ranking 2016
Exports
Imports
Current Account Balance
FDI Inflows
FDI Outflows
Peak: 2025
Lowest: 2013
Trade Balance 1990s
Trade Balance 2000s
Trade Balance 2010s
Trade Balance 2020s
Highest ever
Lowest ever
Average
vs Egypt, Arab Republic of
vs Vanuatu
vs Zimbabwe
vs Côte d'Ivoire
African Union Trade Balance
Global Ranking