Import Globals provides a detailed analysis of the gold exported for streamlining your understanding regarding the gold export processes with reliable trade channel information countering your trade needs.
Ghana has been consistently ranking among the top 10 gold producers in the international trade market for several years now. The government's commitment to developing policies and infrastructure supporting the mining sector has been fueling up the overall export trade rate. The different initiatives implemented for the promotion of responsible mining practices while attracting foreign investments accompanied by a stable political environment and business-friendly policies have maintained continuity in the attraction of global players in the mining industry.
Technological advancements have been crucially boosting the export trade rate. The increasing focus on sustainable mining practices by both government authorities and companies during mining operations within Ghana's border fosters global reach. The favorable business environment and the large mining companies such as Newmont Corporation and Anglo Gold Ashanti operating in Ghana have recorded an export trade value of gold worth 4.2 billion US dollars in 2024.
The efficient production capacity of the gold reserves in Ghana and the increase in global demand has fostered the annual trade revenue rate. According to the Ghana Export Data, the top 10 leading variants of gold exported from the nation in 2024 are,
1. Gold Bars - Export trade value of Gold bars - 876 million US dollars.
2. Gold Nuggets - Export trade value of Gold nuggets - 765 million US dollars.
3. Gold Dust - Export trade value of Gold dust - 687 million US dollars.
4. Jewellery - Export trade value of Jewellery - 589 million US dollars.
5. Gold Coins - Export trade value of Gold coins - 489 million US dollars.
6. Gold Bullions - Export trade value of Gold bullions - 398 million US dollars.
7. Gold Ore - Export trade value of Gold ore - 298 million US dollars.
8. Gold Jewelry Parts and Accessories - Export trade value of Gold jewelry parts and accessories - 214 million US dollars.
9. Gold Scrap - Export trade value of Gold scrap - 187 million US dollars.
10. Other Gold Products - Export trade value of Other Gold products - 142 million US dollars.
The proper bilateral trade relationship of the nation with leading gold importers worldwide has been fueling up the overall global trade reach of Ghana. According to the Ghana Trade Data, the top 10 export trade partners of the nation for gold in 2024 are,
• China – According to the China Import Data, the export trade value of gold from Ghana to China in 2024 – 989 million US dollars.
Top 5 variants of gold exported
1. Alluvial Gold
2. Placer Gold
3. Orogenic Gold
4. Reef Gold
5. Lode Gold
• Switzerland – According to the Switzerland Import Data, the export trade value of gold from Ghana to Switzerland in 2024 – 768 million US dollars.
Top 5 variants of gold exported
1. Disseminated Gold
2. Carbonate-hosted Gold
3. Volcanogenic massive sulfide
4. Vein Gold
5. Carlin-type
• India – According to the India Import Data, the export trade value of gold from Ghana to India in 2024 – 654 million US dollars.
Top 5 variants of gold exported
1. Alluvial Gold
2. Placer Gold
3. Reef Gold
4. Electrum
5. Amalgamated Gold
• UAE – According to the UAE Import Data, the export trade value of gold from Ghana to UAE in 2024 – 478 million US dollars.
Top 5 variants of gold exported
1. Gold-bearing Quartz
2. Gold Nuggets
3. Gold Dust Cake
4. Dore Bars
5. Scrap Gold
• Turkey – According to the Turkey Import Data, the export trade value of gold from Ghana to Turkey in 2024 – 354 million US dollars.
Top 5 variants of gold exported
1. Eluvial Gold
2. Reef Gold
3. Native gold
4. Gold bullion
5. Gold jewelry
• Hong Kong – According to the Hong Kong Import Data, the export trade value of gold from Ghana to Hong Kong in 2024 – 278 million US dollars.
Top 5 variants of gold exported
1. Black Hills Gold
2. Green gold
3. Rose gold
4. Yellow gold
5. White gold
• South Africa – According to the South Africa Import Data, the export trade value of gold from Ghana to South Africa in 2024 – 187 million US dollars.
Top 5 variants of gold exported
1. Gold Dust
2. Refined Gold Bars
3. Bullion Coins
4. Gold Nuggets
5. Fine Gold Powder
• United States – According to the USA Import Data, the export trade value of gold from Ghana to the United States in 2024 – 142 million US dollars.
Top 5 variants of gold exported
1. Rose gold items
2. Gold Flakes
3. Gold Nuggets
4. Scrap Gold
5. Alluvial Gold
• Singapore – According to the Singapore Import Data, the export trade value of gold from Ghana to Singapore in 2024 – 98 million US dollars.
Top 5 variants of gold exported
1. Fine or Pure Gold
2. Dross
3. Gold Dust
4. Casted Gold Ingots
5. Scrap Gold
• United Kingdom – According to the United Kingdom Import Data, the export trade value of gold from Ghana to the United Kingdom in 2024 – 76 million US dollars.
Top 5 variants of gold exported
1. Dore Gold
2. Fine Gold
3. Alluvial Gold
4. Eluvial Gold
5. Reef Gold
1. Anglo Gold Ashanti - This Company is right now one of the largest gold producers of Ghana, accounting for 28% of the country's total annual production. It has been operating in Ghana since the year 2004 and still now operates 5 active mines in different regions. The exploration activities of the authority across West Africa, which focus on finding new sources of high-grade ore, have been fueling the overall revenue rate. The annual trade share of the authority in the gold export of Ghana in 2024 is 28%.
2. Newmont Corp - Newmont Gold Corp. is another role player in Ghana's gold export industry, accounting for 27% of the total annual production rate. The authority has been operating two open-pit mines in the Ahafo region and eastern region, altogether producing around 500,000 ounces of gold annually. The annual trade revenue share of Newmont Gold Corp. in 2024 is 20%.
3. Gold Fields - Wrapping up, the third and the topmost gold producer of Ghana is Goldfields, holding eight operational licenses for exploration, development, mining, or production projects throughout West Africa. The company accounts for 20% of the country's total annual production, and in 2024 it holds a revenue rate share of around 14%.
CONCLUSION
The growing influence of the global precious metals market of Ghana due to the increase in demand from the global consumer base has solidified the sector as a role player in economic growth. Import Globals provides valuable resources for international buyers with greater efficiency, reliability, and compliance to highlight the potential marketing regions for the business holders who are looking for the latest trade strategies adopted to figure out the methodologies to adopt for alignment with the international trade rate.
Que. What is export trade value of gold from Ghana in 2024?
Ans. The export trade value of gold from Ghana in 2024 is 4.2 billion US dollars.
Que. Who is the top export trade partner of Ghana for gold in 2024?
Ans. China is the top export trade partner in Ghana for gold in 2024.
Que. Name the top gold export variant of Ghana in 2024.
Ans. Gold bars are the top gold export variant of Ghana in 2024.
Que. Where can you get a detailed trade analysis of the gold export of Ghana in 2024?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the gold export of Ghana in 2024.