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
-
Ferrari wanted to take on Chinese EVs with the Luce – then the backlash started
19 minutes -
Ghana’s FMCG market delivers 15% value growth in quarter one 2026
40 minutes -
T-bills auction: Government records 16% undersubscription, interest rates shoot up
53 minutes -
MTN FA Cup: Relegated Nations FC beat Dreams FC on penalties to claim first title
1 hour -
Ghana Interschool Festival: North Legon little campus dominates U12 championship
2 hours -
The shadow squad: who really picks Ghana’s Black Stars?
2 hours -
World Cup 2026: Black Stars players to receive $100,000 as appearance fee – Sports Minister
5 hours -
Nigerian retired general abducted with his wife in the north-west
5 hours -
TTU crowned Overall Best Innovator at ARCTUG 2026
6 hours -
NPP members oppose resumption of Asante Mampong polling station elections
6 hours -
Educators, traditional leaders call for stronger link between humanities and skills development
6 hours -
Severe rainstorm wreaks havoc at Adaklu Kodzobi Ando
6 hours -
Hundreds arrested and dozens of police injured after Champions League riots in France
6 hours -
AMECO launches 80th anniversary with a focus on infrastructure development
6 hours -
Health Ministry receives pulse oximeter donation to support Free Primary Healthcare initiative
6 hours