Indonesia recorded imports from Ghana totaling US$19.16 million as of December 2020. This figure represents a 70.4% decrease compared to the previous year's imports, which reached US$64.72 million.
Indonesia's trade record with Ghana shows an upward trend in imports over the past 10 years. The lowest import value was US$7.55 million, while the highest reached US$64.72 million.
Of the 97 products (two-digit HS codes) imported from Ghana, 0.03 thousand products were worth more than one billion dollars. Most imported products from Ghana are also imported from other countries, totaling 0.02 thousand products.
The following is a list of the top five products imported by Indonesia from Ghana, ordered from highest to lowest transaction value:
1. Cocoa and cocoa preparations
Cocoa and cocoa preparations (HS Code 18) were the top import from Ghana. Indonesia imported US$16,154 thousand worth of these products, lower than the previous period's US$37,400 thousand.
2. Vegetable fats and oils and their cleavage products
Under HS Code 15, vegetable fats and oils and their cleavage products are categorized together with edible fats and animal... Indonesia imported US$1,683 thousand.
3. Cotton
Indonesia also imported a significant amount of cotton from Ghana. Imports in 2020 totaled US$788 thousand. No imports were recorded from Ghana in the previous year. Cotton imports from Ghana ranked 31st. The largest cotton imports originate from China, Brazil, the United States, India, and Hong Kong, China. Indonesia also imports this product from 63 other countries.
4. Aluminum and articles thereof
Aluminum and articles thereof (HS Code 76) were imported for US$277 thousand, lower than the previous period's US$910 thousand. Besides Ghana, Indonesia also relies on imports of aluminum and articles thereof from China, the United States, Malaysia, Singapore, and the Republic of Korea. In addition to these major countries, Indonesia imported this product from 75 other countries.
5. Wood and wood articles
This product was sourced from 66 countries. Imports of wood and wood articles from Ghana ranked 49th. In 2020, Indonesia imported US$97 thousand. Besides Ghana, the largest imports of wood and wood articles came from China, Malaysia, the United States, New Zealand, and Thailand.