Key Market Indicators
The country was number 93 in 2018, with Nigeria ahead with $6,210. Japan, South Korea and Germany came in at numbers 2, 3 and 4 in the rankings, respectively. In 2018, Ghanaian imports of iron ore totaled $6.2 million, a dramatic 99.5% decrease from the $127.2 million imported the previous year. This 11.6% increase since 2001 was overshadowed by Nigeria's $62.1 million. Japan, South Korea and Germany took the top three spots with respective imports at $6.3 billion, $4.6 billion and $3.2 billion. Since 2010, Ghanaian imports of iron ore have seen a steady 89.6% increase from year to year. In 2018, the country ranked 93rd, with Nigeria at the top with $62.1 million. Japan, South Korea and Germany followed in second, third and fourth places, respectively, importing $63 billion, $46 billion and $32 billion.