The alliance between India and Ghana can be gauged by the robust trade relations between the two nations
Government of India provides Lines of Credit to set up projects
India is 2nd largest foreign investor in Ghana
Indian companies have invested in more than 600 projects
India’s interest in Ghana is spurred by West Africa’s growth potential in energy, larger than that of Russia, the Caspian or South America
Ghana is the world's 2nd largest producer of cocoa
US$ 7.69mn
FDI inflow from India from April 2000 - March 2021
US$ 2,607.24mn
bilateral trade value for 2021-2022
10,000
Overseas Indians living in Ghana
Concurrent Accreditation The Mission in Ghana also handles India's bilateral relations with Togo, Burkina Faso and Sierra Leone
Natural Resources
Rich country possessing industrial minerals, hydrocarbons and precious metals
Key sectors
Oil, ICT, Financial services and telecommunications sectors provide dynamic and innovative opportunities to the most diverse customers in the world.
Mining
The world's 7th largest producer of gold
Tourism
is Ghana's highest earner of foreign exchange
Agri centric
Ghana has a solid tradition of investments in agriculture and agro-processing
India's Exports and Imports to Ghana
Source: Department of Commerce
es in US $ Millions
Country / Region: GHANA
S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
---|---|---|---|---|---|---|
1. | EXPORT | 635.78 | 717.33 | 617.42 | 862.50 | 1,109.46 |
2. | %Growth | 12.83 | -13.93 | 39.70 | 28.63 | |
3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
5. | %Share | 0.21 | 0.22 | 0.20 | 0.30 | 0.26 |
6. | IMPORT | 2,710.05 | 3,763.41 | 1,773.55 | 1,374.96 | 1,497.77 |
7. | %Growth | 38.87 | -52.87 | -22.47 | 8.93 | |
8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
10. | %Share | 0.58 | 0.73 | 0.37 | 0.35 | 0.24 |
11. | TOTAL TRADE | 3,345.84 | 4,480.74 | 2,390.97 | 2,237.46 | 2,607.24 |
12. | %Growth | 33.92 | -46.64 | -6.42 | 16.53 | |
13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
15. | %Share | 0.44 | 0.53 | 0.30 | 0.33 | 0.25 |
16. | TRADE BALANCE | -2,074.27 | -3,046.08 | -1,156.13 | -512.46 | -388.31 |
17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
+233-302-665-125 /126/127/128/129
+233-30-702-0903/0904/0905
No. 9, Ridge Road, Roman Ridge
PO Box CT-5708, Cantonments, Accra (GHANA)
Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
agriexchange.apeda.gov.inCuts & edible offal of species gallus domesticus, frozen (020714)
agriexchange.apeda.gov.inOther wheat and meslin (100199)
Other wkd. grains (e.g., hulled/pearled/sliced/kibbled) of cereals other th … (110429)
Semi-milled/wholly milled rice, whether or not polished/glazed (100630)
Undenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. (220710)
agriexchange.apeda.gov.inMilk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
agriexchange.apeda.gov.inFood preps., n.e.s. (210690)
agriexchange.apeda.gov.inTomatoes, prepd./presvd. othw. than by vinegar/acetic acid, other than whol … (200290)
agriexchange.apeda.gov.inFish – frozen mackerel (scomber scombrus, scomber australasics, scomber japonicus) excluding fillet, liver, roes and other fish meat
Fish – frozen sardines (Sardines pilchardus, sardinops spp.), sardenella (sardinella spp.) bristling or sprats (sprattus, sprattus) excluding fillet, liver, roes and other fish meat of heading 0304 (030356)
Fish – frozen, jack and horse mackerel (trachrus spp.) excluding fillet, liver, roes and other fish meat
Fish – frozen, n.e.c in heading 303 excluding fillet, liver, roes and other fish meat of heading 0304 (030389)
Fish preparation – mackerel, prepared or preserved, whole or in pieces (but not minced)
Broken rice (100640)
agriexchange.apeda.gov.inProduction: 1,011,302 tonnes (2018)
ghanachamberofmines.orgProduction: 57,531 carats (2018)
ghanachamberofmines.orgProduction: 4,795,215 ounces (2018)
ghanachamberofmines.orgProduction: 4,551,754 tonnes (in 2018)
ghanachamberofmines.org PDFProduction: 126,000 barrels of oil per day (current production)
gipcghana.comHere are the leading sectors of opportunities for foreign investors
Tata
Ashok Leyland
Mahindra & Mahindra
Baja Auto as Somoco Ghana
Escorts
Larson & Toubro
Bharti Airtel
NIIT
Shapoorji Pallonji & Co.,
Indian Farmers’ Fertilisers Cooperative
Bajaj Auto
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