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Ghana-Türkiye trade nears $900m as bilateral ties deepen ahead of major Accra forum

Mon, May 26 2025 2:31 AM
in Ghana General News
ghana turkiye trade nears 900m as bilateral ties deepen ahead of major accra forum
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Trade between Ghana and Türkiye surged to nearly $888 million in 2023, driven by Ghana’s exports worth $614 million, 80.2% of which was gold, and imports from Türkiye totalling $274 million, led by pasta and wheat flour.

The growing trade reflects shifting economic priorities, stronger bilateral ties, and shared strategic interests between the two nations.

With bilateral trade projected to reach $900 million by the end of 2025 and expected to surpass $1 billion by 2027, both countries are actively pursuing deeper collaboration.

Ghana’s key exports to Türkiye include gold and cocoa beans, while Türkiye supplies machinery, transport equipment, textiles, and industrial goods, bolstering critical sectors across both economies.

Industry experts view the accelerating trade volumes as evidence of rising business confidence and a push toward sustainable partnerships.

As Ghana strengthens its role as a trade and logistics hub for West Africa, Türkiye emerges as a valuable partner offering advanced technology, robust manufacturing capacity, and global market access.

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Türkiye, one of the world’s top 20 economies with an annual export volume of over $225 billion, is home to more than four million companies.

Its population of 85 million and reputation for high-quality, competitively priced goods make it an attractive trade partner for African nations like Ghana.

Beyond commerce, Türkiye’s engagement with Africa spans diplomacy, education, health, and aviation. The country has embassies in 44 African nations, while Turkish Airlines connects 62 destinations across 41 countries.

The Turkish Maarif Foundation operates over 200 schools on the continent, and more than 30,000 African students are currently studying in Türkiye.

Additionally, Türkiye runs three hospitals in Africa, underscoring its broader development partnership.

Under its “Win-Win” strategy for Africa, Türkiye is cultivating long-term economic relationships through initiatives like the World Cooperation Industries (WCI) Forum.

In line with this agenda, the 11th WCI Forum will take place in Accra from May 28–29, 2025, at the Accra Marriott Hotel.

The forum will bring together over 50 Turkish manufacturers and exporters with West African businesses across sectors such as construction, agriculture, food, textiles, footwear, healthcare, FMCG, and services.

The event will feature B2B meetings, product showcases, panel discussions, and conferences—all designed to promote actionable business deals and sustainable economic partnerships.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

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