Ghana is a low middle income country situated in West Africa, bordering the Gulf of Guinea between Cote d’Ivoire and Togo. Well acclaimed for its years of political stability, Ghana is a prized recipient for foreign direct investment in the region. The country is ranked 67 on the Ease of Doing Business Ranking and has an economy that is greatly centered on services.
In fact, Ghana has established itself as a prime destination for tourism, manufacturing and agro-processing and constitutes together with Nigeria the motors of the Economic Community of West African States (ECOWAS). Ghana is a beneficiary of ITC’s Ethical Fashion Initiative which connects the fashion business to artisans in Africa and Haiti. At the image of Kenya, the country will be home to a fashion products manufacturing hub.
Ghana main exports are oil, gold, cocoa, bauxite and diamonds primarily towards France, Italy and the Netherlands. It has been a member of the World Trade organization since January 1995 and has recently enacted a sound legal framework for the management of its oil trade. Ghana has also made tremendous efforts towards attaining the MDG’s but still encounters some difficulties in terms of under-5 mortality rates and maternal health improvement.
Notes: Top 20 products listed in decreasing order of their export potential to the world. Development indicators are relative to the country’s current situation, green indicating performance above its trade-weighted median and red otherwise. A blank cell indicates that data are not available. A blank cell in export potential means that the product was not consistently demanded over five years by any country in the respective region. Exports (US$ thousand) correspond to average exports to the world over the period 2009-2013.