Key Market Indicators
Ghana has witnessed a remarkable surge in its electrical equipment exports, soaring to approximately $94 million in 2018 from just about $6.5 million in 2017. This represents a staggering 1,350% increase compared to the previous year. Over the long term, since 2001, Ghanaian supply of electrical equipment has grown consistently at an annual rate of 15.8%. Conversely, the country's imports of electrical equipment have seen a decline. In 2018, imports fell to roughly $734 million from around $785 million in 2017, marking a 6.5% decrease year-on-year. Since 2001, Ghanaian demand for imported electrical equipment has decreased at an annual rate of 4.9%.
