Ores and metals exports (% of merchandise exports) — all countries

Ores and metals exports (% of merchandise exports) — Ghana

Ores and metals exports (% of merchandise exports) in Ghana in 2023 — 3.8%. Ranked 71 in the world out of 160. Since 1962, the indicator has fallen by 10.02 pp.

2023 3.8% +1.92 pp vs 2022
World rank 71of 160
Period maximum 29.82%1981
Period minimum 1.37%2011

Trend over time

1962–2023 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — Ghana, 1962–2023010203019621969197619831990199720042011201820231962: 13.82%1963: 8.31%1964: 10.89%1965: 12.03%1966: 14.96%1967: 13.78%1968: 18.29%1969: 22.15%1970: 12.87%1971: 15.01%1972: 17.81%1973: 11.13%1974: 8.56%1975: 8.17%1976: 16.84%1977: 12.45%1978: 15.11%1979: 11.16%1980: 16.65%1981: 29.82%1982: 25.61%1983: 10.84%1984: 2.96%1992: 9.89%1996: 6.1%1997: 11.36%1998: 6.87%1999: 7.69%2000: 11.92%2001: 10.86%2003: 2.47%2004: 1.5%2005: 3.6%2006: 2.16%2007: 2.87%2008: 3.51%2009: 1.75%2010: 4.01%2011: 1.37%2012: 1.47%2013: 2.07%2014: 1.74%2015: 1.53%2016: 1.9%2017: 1.95%2018: 2.8%2019: 3.04%2021: 2.9%2022: 1.88%2023: 3.8%
Change over the period: −10.02 pp Annual average: -0.16 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Ghana

Ghana 3.8%
World 4.02%
Western Africa computed 3.74%
Ores and metals exports (% of merchandise exports) — Ghana, by year Ghana All countries CSV XLSX
Year % Change, pp
2023 3.8 +1.92 pp
2022 1.88 −1.03 pp
2021 2.9
2019 3.04 +0.25 pp
2018 2.8 +0.85 pp
2017 1.95 +0.04 pp
2016 1.9 +0.37 pp
2015 1.53 −0.2 pp
2014 1.74 −0.33 pp
2013 2.07 +0.6 pp
2012 1.47 +0.11 pp
2011 1.37 −2.65 pp
2010 4.01 +2.27 pp
2009 1.75 −1.76 pp
2008 3.51 +0.64 pp
2007 2.87 +0.71 pp
2006 2.16 −1.44 pp
2005 3.6 +2.11 pp
2004 1.5 −0.97 pp
2003 2.47
2001 10.86 −1.05 pp
2000 11.92 +4.23 pp
1999 7.69 +0.82 pp
1998 6.87 −4.49 pp
1997 11.36 +5.26 pp
1996 6.1
1992 9.89
1984 2.96 −7.88 pp
1983 10.84 −14.77 pp
1982 25.61 −4.21 pp
1981 29.82 +13.17 pp
1980 16.65 +5.49 pp
1979 11.16 −3.95 pp
1978 15.11 +2.66 pp
1977 12.45 −4.4 pp
1976 16.84 +8.68 pp
1975 8.17 −0.39 pp
1974 8.56 −2.57 pp
1973 11.13 −6.68 pp
1972 17.81 +2.8 pp
1971 15.01 +2.15 pp
1970 12.87 −9.28 pp
1969 22.15 +3.85 pp
1968 18.29 +4.51 pp
1967 13.78 −1.18 pp
1966 14.96 +2.93 pp
1965 12.03 +1.14 pp
1964 10.89 +2.59 pp
1963 8.31 −5.51 pp
1962 13.82

About the indicator

The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.

Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.