Bilateral trade between Ghana and Canada continues to strengthen, with merchandise trade reaching CA$483 million in 2024, underscoring a growing economic relationship anchored in mining, agriculture, technology, and sustainable development.
The High Commissioner of Canada to Ghana, Togo and Sierra Leone, Madam Myriam Montrat, announced the figures at a media reception in Accra, where she reaffirmed Canada’s commitment to expanding trade and investment ties with Ghana.
According to her, Canadian exports to Ghana—dominated by cereals, vehicles and industrial inputs—remain strong, while Ghana’s exports to Canada continue to be led by cocoa, soya beans, and other agricultural products.
Alongside the surge in trade flows, Canadian mining assets in Ghana have risen to over CA$1.1 billion, reflecting the depth of commercial engagement between both countries.
Madam Montrat said the goal is to “build on this strong foundation,” noting that both countries share rich endowments of critical minerals and long-standing expertise in mining—an alignment she believes positions them for deeper collaboration.
She highlighted the work of Canada’s Trade Commissioner Service, which helps connect businesses from both countries in high-growth sectors such as clean technology, ICT, infrastructure, sustainable mining, and agri-food processing.
“The High Commission continues to work diligently to strengthen our partnership with Ghana by advocating for policies that promote a more investment-friendly environment,” she said. Through close collaboration with government institutions, private sector actors, and development partners, she added, Canada supports initiatives that enhance transparency, economic stability and innovation.
“Our efforts aim to create conditions that attract sustainable investment, encourage entrepreneurship, and open new opportunities for trade and growth within Ghana’s dynamic economy,” she noted.
Canadian companies, particularly in mining and natural resources, continue to contribute technology and knowledge to support Ghana’s sustainable resource management, while helping to advance environmental and community-focused best practices.
Ghana remains Canada’s fifth-largest bilateral trading partner in Sub-Saharan Africa, and its eighth-largest trading partner on the continent.
Beyond commerce, Madam Montrat reflected on the longstanding diplomatic relationship between the two nations.
Canada was among the earliest to recognise Ghana’s independence in 1957 and established its first African bilateral development programme in Ghana soon afterwards.
Over the decades, Canada has provided more than CA$2.5 billion in development assistance, supporting priorities set by Ghana, while the two countries have cooperated in global forums and UN peacekeeping missions.
She emphasised that the enduring partnership is built on “shared values, mutual respect, and a commitment to prosperity,” noting that both sides are poised to unlock greater opportunities in mining, trade, technology, and sustainable development in the years ahead.
