Trade Promotion Programme -
Focus: Africa
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Features of Focus Countries
Ghana
Economic Indicators (Year 2002)
| * Population (mid year in Million) |
20.1 |
| * GDP (US$ Billion) |
6.0 |
| * Average Annual Growth of GDP Per
Capita |
2.6 |
| * Average Annual Growth in GDP |
4.5 |
Top 20 Product Groups of Ghana's Global
Imports, major supplier countries and India's %age
share. (Year 2002)
Value in Million USD
|
S.No. |
HS code |
Product
Description |
Global Imports |
Imports from
India |
Top Supplier
Countries Year 2000 |
India's % Share |
| |
|
All products |
2,053.80 |
105.14 |
|
5.119 |
|
1 |
84 |
Nuclear
reactors, boilers, machinery, etc |
263.54 |
10.06 |
UK, USA,
Germany |
3.817 |
|
2 |
85 |
Electrical,
electronic equipment |
183.19 |
1.55 |
UK,
Netherlands, USA |
0.846 |
|
3 |
87 |
Vehicles other
than railway, tramway |
182.38 |
1.51 |
Germany,
Belgium, Netherlands |
0.829 |
|
4 |
10 |
Cereals |
74.06 |
8.30 |
USA, Canada,
Thailand |
11.201 |
|
5 |
27 |
Mineral fuels,
oils, distillation products, etc |
64.81 |
0.04 |
Nigeria, Spain,
Cote D' Ivoire |
0.054 |
|
6 |
28 |
Inorganic
chemicals, precious metal compound, isotopes |
62.47 |
0.62 |
USA, UK, Italy |
0.999 |
|
7 |
39 |
Plastics and
articles thereof |
61.76 |
3.14 |
Korea Rp, UK,
USA |
5.087 |
|
8 |
25 |
Salt, sulphur,
earth, stone, plaster, lime and cement |
57.71 |
0.64 |
S. Arabia,
Togo, S. Africa |
1.109 |
|
9 |
30 |
Pharmaceutical
products |
54.77 |
13.71 |
India, UK,
Belgium |
25.034 |
|
10 |
73 |
Articles of
iron or steel |
54.12 |
7.49 |
USA, S.
Africa., Senegal |
13.840 |
|
11 |
17 |
Sugars and
sugar confectionery |
47.87 |
2.11 |
Brazil, Niger,
France |
4.402 |
|
12 |
63 |
Other made
textile articles, sets, worn clothing etc |
47.75 |
4.84 |
Italy, USA, UK |
10.126 |
|
13 |
72 |
Iron and steel |
47.03 |
6.47 |
Russia Fed,
Japan, UK |
13.763 |
|
14 |
99 |
Commodities not
elsewhere specified |
45.43 |
0.59 |
Turkey,
Thailand, Togo |
1.297 |
|
15 |
38 |
Miscellaneous
chemical products |
45.13 |
0.24 |
UK, France,
Netherlands |
0.525 |
|
16 |
48 |
Paper &
paperboard, articles of pulp, paper and board |
42.37 |
1.79 |
S. Africa, UK,
France |
4.222 |
|
17 |
15 |
Animal,
vegetable fats and oils, cleavage products, etc |
38.49 |
0.03 |
Netherlands,
Malaysia, France |
0.070 |
|
18 |
40 |
Rubber and
articles thereof |
38.19 |
3.71 |
Netherlands,
UK, Germany |
9.710 |
|
19 |
52 |
Cotton |
34.00 |
13.68 |
China, Togo,
Netherlands |
40.218 |
|
20 |
90 |
Optical, photo,
technical, medical, etc apparatus |
31.51 |
1.23 |
Netherlands,
China, UK |
3.909 |
Source
- UN Database
Principal Commodities of India's Bilateral Trade
with Ghana
India's Export of Principal Commodities to Ghana
| Rank |
Commodity |
Value in US$
Million April - Dec., 2002 |
Value in US$
Million April - Dec., 2003 |
% Share in
April - Dec., 2003 |
% Age growth /
decline Apr - Dec 2003 / Apr - Dec 2002 |
| |
Total |
75.03 |
129.40 |
100.00 |
72.46 |
| 1 |
Drugs,
Pharmaceuticals & Fine Chemicals |
14.32 |
14.99 |
11.58 |
4.66 |
| 2 |
Manufactures of
Metals |
6.51 |
14.03 |
10.84 |
115.40 |
| 3 |
Primery and
Semi Finished iron and Steel |
4.39 |
11.57 |
8.94 |
163.51 |
| 4 |
Cotton Yarn,
Fbarics, madeups, etc. |
10.91 |
11.13 |
8.60 |
2.02 |
| 5 |
Machinery &
Instruments |
7.52 |
7.18 |
5.55 |
-4.63 |
| 6 |
Sugar |
- |
4.42 |
3.42 |
- |
| 7 |
Other Jute
Manufactures |
2.07 |
4.05 |
3.13 |
95.86 |
| 8 |
Glass/glassware
/Ceramics/refractories /cement |
1.53 |
4.03 |
3.11 |
163.03 |
| 9 |
Transport
Equipment |
1.13 |
3.56 |
2.75 |
214.86 |
| 10 |
Plastic &
Linoleum Products |
3.07 |
3.11 |
2.40 |
1.21 |
| 11 |
Rubber
manufactured Products Except Footwear |
2.31 |
2.54 |
1.96 |
9.99 |
| 12 |
Paper /Wood
Products |
3.03 |
2.07 |
1.60 |
-31.60 |
| 13 |
Cosmetics
/Toiletries, etc. |
1.88 |
2.01 |
1.56 |
7.22 |
| 14 |
Machine Tools |
0.40 |
1.44 |
1.11 |
262.73 |
| 15 |
Manmade yarn,
fabrics, made-up |
1.14 |
1.31 |
1.01 |
14.77 |
| 16 |
Inorganic
/Organic /Agro chemicals |
0.70 |
1.15 |
0.89 |
64.31 |
| 17 |
Misc. Processed
Items |
0.47 |
1.12 |
0.86 |
137.35 |
| 18 |
Other
Commodities |
0.51 |
1.07 |
0.82 |
111.02 |
| 19 |
Electronic
goods |
0.43 |
0.92 |
0.71 |
116.55 |
| 20 |
Rice - Basmati |
1.49 |
0.60 |
0.46 |
-59.87 |
| |
Total for Top
20 Product Groups |
63.81 |
92.30 |
71.33 |
44.65 |
Source
: DGCI & S
1USD : Rs. 48.61 (April - Dec. 2002 Average of Monthly
RBI Rates)
1USD : Rs. 46.15 (April - Dec. 2003 Average of Monthly
RBI Rates)
India's Import of Principal Commodities from Ghana
Value in US$ Million
|
Commodity |
April - Dec.,
2002 |
April - Dec.,
2003 |
% Share in
April - Dec., 2003 |
% Age Growth /
Decline Apr - Dec 2003 / Apr - Dec 2002 |
|
Total |
15.8295 |
29.3858 |
|
|
|
Cashew Nuts |
3.2132 |
19.0486 |
64.82 |
524.48 |
|
Metalifers Ores
and Metal Scrap |
5.8290 |
6.9627 |
23.69 |
25.83 |
|
Wood and Wood
products |
5.6223 |
2.6510 |
9.02 |
-50.33 |
|
Pearls Precious
Semi Precious stones |
0.4227 |
0.2668 |
0.91 |
-33.51 |
|
Other
Commodities |
0.1692 |
0.2348 |
0.80 |
46.20 |
|
Cotton Raw:
Comb/ Uncomb/ waste |
0 |
0.1469 |
0.50 |
- |
|
Oil Seeds |
0.5731 |
0.0617 |
0.21 |
-88.66 |
|
Spices |
0 |
0.0133 |
0.05 |
- |
Source
: DGCI & S
1USD : Rs. 48.61 (April - Dec. 2002 Average of Monthly
RBI Rates)
1USD : Rs. 46.15 (April - Dec. 2003 Average of Monthly
RBI Rates)
Trade fairs & Exhibitions
| Industry |
Event
Name |
Date |
Location |
|
Building,
Construction & Civil Engineering |
West African
Exhibition for Construction & Infrastructure
Development |
06.Jul.2004 |
Accra - Ghana |
|
Development |
West African
Exhibition for Construction & Infrastructure
Development |
06.Jul.2004 |
Accra - Ghana |
|
Electrical
Power |
Electrics West
Africa |
06.Jul.2004 |
Accra - Ghana |
|
Engineering |
West African
Exhibition for Construction & Infrastructure
Development |
06.Jul.2004 |
Accra - Ghana |
| Mining |
West
African International Mining Exhibition and
Conference |
06.Jul.2004 |
Accra - Ghana |
| Mining |
West
African Mining and Power Conference |
06.Jul.2004 |
Accra - Ghana |
KEY CONTACTS
H.E. Prof.Michael A.Ocquaye,
High Commissioner
Ghana High Commission
50 - N, Satya Marg, Chanakyapuri,
New Delhi - 110021
Tel : 2688 3298 / 3315 / 3338
Fax : 26883 202
Shri K K Framji
High Commissioner
Accra, Ghana
Telephone +233-21-775601, 775602
Fax: 233-21-772176
E-mail: indiahc@ncs.com.gh
USEFUL WEBSITES
- Carries news, a business directory, travel,
sports, music, listing of FM radio stations, etc.
http://www.africaonline.com.gh/
- Official web page of the Government of Ghana - http://www.ghana.gov.gh/
- Business directory / yellow pages for Accra,
Takoradi, and Kumasi. Listings for associations,
NGOs, institutions, diplomatic missions, real
estate, jobs, hotels, automobiles, freight
forwarders, shopping, repair services, restaurants,
education, wanted posters, etc. Based in Accra. http://ghanacityguide.com/
- Ghana Investment Promotion Centre Promotes attract
Private Domestic and Foreign Investment in Ghana.
Has a directory of Ghana's top 100 companies,
consulting firms directory, financial institutions
directory (banks, insurance), investors guide to
Ghana, investment opportunities, http://www.gipc.org.gh/
- Ghana Ministry of Finance - http://www.finance.gov.gh/
- Ghana Ministry of Trade and Industry - How to do
business in Ghana, Trade Information Centre (with
trade statistics), import / export procedures,
divestiture program (privatization), their
publications, related trade agencies. [KF] http://www.ghanaclassifieds.com/moti/
- Ghana Ministry of Transport and Communication - http://www.communication.gov.gh
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