Ghana’s trade deficit rises, hits $4.2b end of 2012

Ghana’s trade deficit continues to widen as not surprisingly the country imports more than exporting for the past decade.

Trade Minister Haruna Iddrisu

Indeed the year 2012 was no exception. The country’s total merchandise exports rose 5.7% to $13.5 billion while imported goods reached $17.7 billion, an increase of 12.1% over 2011.cont.reading