“Trade in services is also strong and growing. With the African Growth and Opportunities Act (AGOA) trade preferences, Ghanaians can export more than 6,500 products to the United States duty-free,” as stated by the Embassy.
In 2022, the value of all commodities exchanged between the US and Ghana reached an all-time high of $3.7 billion. According to the US Embassy in Accra, Ghana had a $1.8 billion trade surplus with the US in 2022.
Additionally, the US government gave Ghana about $32 million in agricultural aid last year. The U.S. Development Finance Corporation has announced expanded support for micro, small, and medium-sized firms in the agricultural sector in Northern Ghana totaling $25 million in finance.