Audio By Carbonatix
Trade between Ghana and Türkiye surged to nearly $888 million in 2023, driven by Ghana’s exports worth $614 million, 80.2% of which was gold, and imports from Türkiye totalling $274 million, led by pasta and wheat flour.
The growing trade reflects shifting economic priorities, stronger bilateral ties, and shared strategic interests between the two nations.
With bilateral trade projected to reach $900 million by the end of 2025 and expected to surpass $1 billion by 2027, both countries are actively pursuing deeper collaboration.
Ghana’s key exports to Türkiye include gold and cocoa beans, while Türkiye supplies machinery, transport equipment, textiles, and industrial goods, bolstering critical sectors across both economies.
Industry experts view the accelerating trade volumes as evidence of rising business confidence and a push toward sustainable partnerships.
As Ghana strengthens its role as a trade and logistics hub for West Africa, Türkiye emerges as a valuable partner offering advanced technology, robust manufacturing capacity, and global market access.
Türkiye, one of the world’s top 20 economies with an annual export volume of over $225 billion, is home to more than four million companies.
Its population of 85 million and reputation for high-quality, competitively priced goods make it an attractive trade partner for African nations like Ghana.
Beyond commerce, Türkiye’s engagement with Africa spans diplomacy, education, health, and aviation. The country has embassies in 44 African nations, while Turkish Airlines connects 62 destinations across 41 countries.
The Turkish Maarif Foundation operates over 200 schools on the continent, and more than 30,000 African students are currently studying in Türkiye.
Additionally, Türkiye runs three hospitals in Africa, underscoring its broader development partnership.
Under its “Win-Win” strategy for Africa, Türkiye is cultivating long-term economic relationships through initiatives like the World Cooperation Industries (WCI) Forum.
In line with this agenda, the 11th WCI Forum will take place in Accra from May 28–29, 2025, at the Accra Marriott Hotel.
The forum will bring together over 50 Turkish manufacturers and exporters with West African businesses across sectors such as construction, agriculture, food, textiles, footwear, healthcare, FMCG, and services.
The event will feature B2B meetings, product showcases, panel discussions, and conferences—all designed to promote actionable business deals and sustainable economic partnerships.
Latest Stories
-
Fire guts temporary wooden structures at Afful Nkwanta in the Ashanti Region
10 minutes -
Haruna Iddrisu didn’t approve gender identity content – Education Ministry
23 minutes -
‘We are not for sale’: Thousands rally in Greenland and Denmark against Trump’s annexation threat
27 minutes -
Deputy Education Minister directs GES to act on video of SHS students displaying charms
43 minutes -
From camouflage to tracksuits – Guinea’s junta leader becomes civilian president
52 minutes -
Iran supreme leader admits thousands killed during recent protests
1 hour -
Judiciary to roll out court decongestion measures, galamsey courts – Chief Justice
2 hours -
Ugandan leader to extend 40-year rule after being declared winner of contested poll
3 hours -
Residents demand action on abandoned Salaga–Kumdi–Kpandai road
3 hours -
Ghana, Japan explore ways to deepen long-standing bilateral ties
3 hours -
Ghana Navy foils illegal fuel bunkering operation along Volta coastline
3 hours -
Gov’t assures minimal power disruption during WAPCo gas pipeline maintenance
4 hours -
Burna Boy and Sporty Group unveil new single “For Everybody” celebrating Africa’s sports heritage and cultural excellence
4 hours -
Achieve By Petra partners Richie Mensah to drive financial independence
4 hours -
Kwakye Ofosu says cost of living eased under Mahama government
5 hours
