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Ghana

US Revised Tariffs (%)

15

Ease of doing business

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Understand the complexities of international tariffs and ease of doing business across nations to cultivate balanced trade relationships, streamline operations, and deliver cost savings to end consumers.

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Revised Tariff %
Original Tariff %
Country Tariff Rate %
Share of US Imports % (1 implies <1%)
15
10
12.5
1
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.97
1.17
-0.2

Implications

President Trump signed a new executive order on July 31, 2025, which sets new tariffs on a wide range of US trading partners, including Ghana. Here is the latest update on US tariffs for Ghana:


Current US Tariffs on Ghana:

  • Tariff Rate: A new 15% ad valorem tariff has been imposed on goods imported from Ghana into the United States.

  • Effective Date: The new tariffs are scheduled to take effect seven days after the signing of the order, which is August 7, 2025. This delay is to allow US Customs and Border Protection time to update its systems.

  • Scope: The tariff applies to all products from Ghana, with certain exceptions for goods already in transit. The new order builds upon the initial 10% universal tariff imposed on most countries in April 2025, and now sets specific, higher rates for countries that have not reached a trade agreement with the US.

Deals and Agreements:

  • No Deal Reached: Ghana is among several countries that have not secured a specific trade deal with the US to avoid the new, higher tariff.

  • AGOA: Ghana, along with other eligible sub-Saharan African countries, has historically benefited from the African Growth and Opportunity Act (AGOA), a non-reciprocal trade preference program that provides duty-free access for many of its products. However, the future of AGOA, which is set to expire on September 30, 2025, remains uncertain. The new tariffs are separate from and in addition to any existing trade agreements or preferences.

Impacted Countries and Companies:

  • Countries: Ghana is part of a group of West African nations, including Nigeria, Côte d'Ivoire, and Cameroon, that are all facing the new 15% tariff. This measure is aimed at addressing what the US describes as "persistent trade imbalances" and a "lack of reciprocity" in trade relationships.

  • Companies/Sectors: US imports from Ghana that will likely be most affected by the 15% tariff include:
    Cocoa: Ghana is a major global producer of cocoa, and cocoa derivatives are a key export.
    Cashew Nuts
    Textiles and Apparel:
    The textile sector has traditionally benefited from AGOA, and these new tariffs will add significant costs.
    Crude Oil
    Machinery Parts
    Other products
    such as gold jewelry, shea butter, and horticultural products that are typically exported to the US.

The new tariffs could strain trade relations and have a significant impact on Ghana's economy, particularly its export-oriented industries. The US government has stated that it will monitor compliance and may recommend further action if countries retaliate or fail to address US concerns.

US Revised Tariffs

Country Tariffs

Balance of Trade

Commercial Guide

Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals

Tariff Rate for US

World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.

US Imports Guide 

United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.

Investing in USA

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters

Sources : ForbesUSDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia International Trade Administration

theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.

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