This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 7/27/2017
Overview

Ghana is one of the largest producers of gold in Africa, with an output of 2.9 million ounces in 2015 (a 6.5 percent drop from the previous year). The country also produces commercial quantities of bauxite, iron ore and manganese. The country’s gold sector is split between large multinational mining companies (primarily from the United States, Canada, South Africa, Australia, and the U.K.) and small-scale mining performed by local companies. Significant market opportunities in the mining industry for U.S. exporters are primarily in the large-scale mines; indigenous mining operations tend to be relatively unsophisticated and rely primarily on inexpensive equipment from Chinese manufacturers.

Opportunities in the mining equipment sector run the gamut from large earthmoving equipment to analytic and assaying devices and materials. As with other sectors, used or reconditioned equipment often is at a more appropriate price-point for Ghanaian buyers.

Sub-Sector Best Prospects

As Ghana’s neighboring markets grow their mining activity, many of the mining equipment distributors based in Accra are beginning to serve those markets. This includes Burkina Faso, Mali, Ivory Coast and others.

Opportunities

The Commercial Service in Ghana maintains close contacts with distributors of U.S. manufactured mining equipment. For the most current information on recent developments, please contact the U.S. Commercial Service Ghana.

Web Resources
Mineral Commission
Ministry of Lands and Natural Resources
Information on mining Industry of Ghana  
Ghana Standards Authority
Ministry of Interior
Ghana Revenue Authority

Mining Equipment
$US thousands2014201520162017 (Estimated)
Total Market Size58,85764,14565,25167,725
Total Exports14,14114,30214,87115,269
Total Imports72,99878,44780,12282,994
Imports from the U.S.14,22815,76916,00816,865
Total Market Size = (Total Local Production) – (Total Exports)
Data Sources: Statistical data are unofficial estimates from trade sources and industry.
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.



Ghana Mining Equipment and Machinery Trade Development and Promotion