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
-
Ghana to honour Christina Hammock Koch for historic Artemis II mission
1 minute -
Supreme Court appointments require more than 15 years’ experience – Justice Adjei-Frimpong
18 minutes -
Fire destroys 3-bedroom house at Bogyawe
41 minutes -
Why the Supreme Court is a “policy court” – Justice Richard Adjei-Frimpong breaks it down
46 minutes -
Playback: The Law discussed Supreme Court @150
2 hours -
MTN Momo staff walk to promote wellness and fitness
2 hours -
Assafuah: Sedina Attionu’s return from Nevada will test government’s commitment to accountability
2 hours -
How GRA’s Modified Taxation Scheme is boosting revenue compliance & SMEs competitiveness
3 hours -
Stonebwoy Can Do It: A call to unite behind 2026 BHIM Fest
3 hours -
World Shea Expo returns to Tamale for 2026 edition
3 hours -
Prioritise cocoa sector with better prices, timely payments-Annoh-Dompreh urges NDC
3 hours -
Lands and Mines Watch Ghana endorses Heath Goldfields’ mining capacity
4 hours -
Gbintiri residents protest alleged diversion of 24-hour market project
4 hours -
Justin Bieber headlines Coachella with nostalgia-fuelled set
4 hours -
Ukraine and Russia accuse each other of hundreds of ceasefire violations
4 hours