According to resources, the total export to Ghana from India reached an estimated revenue of more than $40 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
Value in $Million & Billion | 2020-2021 | 2021-2022(Apr-Dec) |
India Export to Ghana | 860M | 835M |
India Import from Ghana | 1.37B | 1.15B |
Total Trade | 2.23B | 1.98B |
Rice, Pharmaceuticals and Machinery are the major exported products from India to Ghana at the present moment.
The E-commerce market in Ghana reached more than $950 Million by 2022 and expected to cross $1.1 Billion by the year 2025 with 10% growth rate.
The main reason behind this development is the Internet penetration rate in Ghana which has reached more than 52% by 2022.
So, itβs a good scope for Indian exporters and sellers to grab the Ghana market whether through offline channels or online selling platforms & marketplaces in Ghana.
Useful resources