Ghana Exporter Guide Annual 2010
Ghana is an important U.S. agricultural export market and offers expanding market opportunities due to its remarkable record of economic growth as well as its liberal import policies. Ghana’s estimated population of 23.4 million is growing at approximately 2.7 percent annually. Also, the Government of Ghana (GOG) is positioning Ghana as the gateway to the larger West African market (250 million people). Ghana’s agricultural sector is largely subsistence-based, and employs over 60 percent of the population and contributes about 37 percent of GDP. The agricultural sector growth estimate for 2008 is 5 percent, up from 4.3 in 2007 due to improved rainfall during the year.
Ghana’s agriculture consists of 80 percent crop production, 10 percent livestock, poultry and fishery production, and 10 percent forestry. Domestically produced food products that are traditionally consumed in Ghana include cereals, (corn, rice, sorghum), tubers (cassava), and other local fruits and vegetables. Despite some growth in the agriculture sector, Ghana remains a major importer of agricultural food products, including bulk commodities (rice and wheat) and consumer-ready food products such as poultry. There is a high demand for imported food products, especially consumer ready products, due to limited selection of products provided by the underdeveloped domestic agricultural and food processing sector in Ghana. The leading suppliers of intermediate and processed products to Ghana are EU, Asia and South Africa. U.S. exporters are advised to explore entering the expanding Ghanaian market and U.S. agribusiness firms interested in doing business in Ghana can seek assistance of the USDA/FAS office in Accra to develop business relationships with local companies, importers, and agents.