HeadlineMarkets

Top 5 items In 2023, Ghana imported the most from the UK.

1 Mins read
Top 5 products Ghana imported the most from the UK in 2023

According to the UK’s Department for Business and Trade factsheets, the total value of trade in goods and services (imports plus exports) between the UK and Ghana was £2.3 billion at the end of the third quarter of 2023, up £703 million at current prices, or 44.6%, from the same period the previous year. Out of this £2.3 billion.

The report also notes that “the total UK exports to Ghana amounted to £1.0 billion in the four quarters to the end of Q3 2023 (an increase of 5.8% or £57 million in current prices, compared to the four quarters to the end of Q3 2022).”

Ghana ranked as the UK’s 65th largest trading partner in the four quarters preceding the end of Q3 2023, accounting for 0.1% of total UK trade.

“Of all UK exports to Ghana in the four quarters to the end of Q3 2023, £394 million (37.7%) were goods and £651 million (62.3%) were services. In the four quarters to the end of Q3 2023, UK exports of goods to Ghana decreased by 19.8% or £97 million in current prices, compared to the four quarters to the end of Q3 2022 while UK exports of services to Ghana increased by 31.0% or £154 million in current prices, compared to the four quarters to the end of Q3 2022,” the report adds.

With that said, here are the top 5 products Ghana imported the most from the UK in 2023.

Related posts
Headline

Foreign-owned mining firm hijacks over 100hectares of rehabilitated cocoa farm in Ashanti region

2 Mins read
Foreign-owned mining firm hijacks over 100hectares of rehabilitated cocoa farm in Ashanti region According to TV3 News, the company, MIGOP Mining Limited,…
Headline

The Legacy of Virgil Abloh Is About to Get Louder

4 Mins read
The Legacy of Virgil Abloh Is About to Get Louder  Many companies, including fashion companies, may be going silent about their diversity,…
Headline

Ghana ranked 7th African country with highest X (Twitter) users

2 Mins read
Ghana ranked 7th African country with highest X (Twitter) users  The expansion of Twitter—now known as X—across Africa is evidence of the…

Leave a Reply

Your email address will not be published.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