Audio By Carbonatix
Burkina Faso came up top in ECOWAS and Africa as the lead importing country of Non-Traditional Exports (NTES) from Ghana in 2020.
According to the Ghana Export Promotion Center, it maintained its position as the top importer in 2020 from 2016, 2017, 2018 and 2019.
In 2020, it imported NTEs worth $242.7m from Ghana, representing 31.68% of total top 10 ECOWAS markets, showing a growth of 11.57% over its previous year’s contribution.
Togo ($149.8m) and Senegal ($100m) were the second and third lead importing countries of NTEs from Ghana in ECOWAS, respectively.
Ivory Coast ($67.8m), Niger ($66.7m), Mali ($50.9m), Benin ($36.5m), Nigeria ($31.2m), Guinea Bissau ($14.3m) and Guinea ($9.1m) placed 4th, 5th, 6th, 7th, 8th, 9th and 10th respectively.
Meanwhile, average export value for the 10 top ECOWAS States in 2020 stood at $76.62 million relative to US$82.86 million in 2019.
This shows a fall of 5.70% in average exports value.
The NTEs performance along a major trading route in the ECOWAS market, Abidjan-Lagos corridor, showed a growth into Cote D’lvoire, but a combined fall of $85.29 million to Togo, Benin and Nigeria.
This enormous drop in performance, GEPA said, was due to closure of the Nigeria-Seme border and trade related challenges experienced by exporters and economic operators in Benin.
Latest Stories
-
Nigeria clinches $10,000 grand prize as 4th ECOWAS Regional Cybersecurity Hackathon 2026 ends in Accra
41 minutes -
AGI partners Danish industries to advance value chain sustainability
56 minutes -
Missing UCC student found dead as police launch investigations
58 minutes -
Aflao border plunged into darkness, exposing travellers to attacks – Union Secretary
1 hour -
ECOWAS unites on minerals, industrialisation to power AfCFTA
1 hour -
Oti House of Chiefs to unveil 7-member committee on Nkwanta South conflict
1 hour -
Be advocates of modern parenting – Adaklu DCE
2 hours -
Ketu North MCE advocates agricultural mechanisation to boost productivity
2 hours -
The Thomas Partey Case: Presumption of innocence, sovereignty and the World Cup
2 hours -
Parents urged not to give away children due to poverty
2 hours -
Konongo crash leaves multiple injured
2 hours -
Book Launch: Political Economy of Institutionalising Monitoring & Evaluation Practice in Africa
2 hours -
Residents protest destruction of sacred Dodowa Forest for interim market
2 hours -
New York Knicks win NBA championship for first time in over 50 years
3 hours -
Panic as body of 67-year-old woman is stolen from Adevukope cemetery
3 hours