International
The trade volume between China and Canada increased by 41.2% in the first quarter of 2026
Seetao 2026-05-19 11:26
  • The implementation of zero tariff policy opens up a two-way channel for cocoa and other products to enter China
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In the first quarter of 2026, the bilateral trade volume between China and Ghana reached 4.072 billion US dollars, a year-on-year increase of 41.2%. Among them, China's exports to Ghana reached 3.492 billion US dollars, a year-on-year surge of 44.4%. In February alone, exports reached 1.219 billion US dollars, a year-on-year increase of 136%. This high-speed train is continuously accelerating, and Chinese manufacturing is being fully deployed in the Ghana market in West Africa.

Strong growth in exports of electromechanical equipment

Mechanical and electrical equipment is the largest export category from China to Ghana, accounting for over 30%. In February 2026, China's truck delivery to Ghana reached 60.2 million US dollars, a year-on-year increase of 778%; The delivery amount of large construction vehicles is 40.8 million US dollars; The export of cranes reached 32.9 million US dollars, a year-on-year increase of 154 times. Ghana's infrastructure expansion is significantly driving China's heavy equipment shipments.

Dual wheel drive of building materials and consumer goods

Ghana's local building materials production capacity is limited, and Chinese ceramic tiles have a market share of up to 70% in Ghana. The Ghanaian government is implementing a 24-hour economic plan, with intensive industrial parks and infrastructure projects being launched, and the demand for building materials continues to be released. In terms of daily consumer goods, rubber shoes exported 19.2 million US dollars in February, a year-on-year increase of 256%; Transsion mobile phones have a market share of over 35% in Ghana. Keywords: international news and information, bilateral trade

Zero tariffs open a two-way channel

On May 1, 2026, the zero tariff policy will be fully implemented, and Ghana will be the first beneficiary country. Ghana cocoa previously had tariffs ranging from 8% to 22%, but after zero tariffs, it will be directly reduced to zero, greatly enhancing the competitiveness of cocoa products entering the Chinese market. Ningxia's imports and exports to Ghana surged by 688.9% in the first quarter, totaling 740 million yuan. Three types of Chinese enterprises are benefiting: exporters of construction machinery and building materials, manufacturers of consumer goods and electronics, and importers and processors of agricultural products.Editor/Gao Xue

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