Ghana is one of the most dynamic economies in anglophone West Africa and one of the markets with the best shipping links from the Canary Islands. These are the figures worth having to hand before considering entry.
The figures
Close to 35.7 million inhabitants, GDP of USD 118.29 billion and forecast growth of 4.8% for 2026, after reaching 6% in 2025. The country has come out of the 2022-2023 debt crisis with a three-year USD 3 billion IMF programme: inflation is falling from 39% to a forecast 5.8% for 2026, and Fitch raised its rating from B- to B in May 2026.
What Spain sells there
Spanish exports to Ghana reached EUR 266.9 million in 2025. By category: fuels and mineral oils (EUR 37.7 million), ceramic products (30.4), beverages (25.8), essential oils and perfumery (20.7) and salt, gypsum and unworked stone (12.3). The first three account for 35.2% of the total.
And what the Canary Islands sell
EUR 1.29 million exported in 2025, with a surplus of EUR 0.83 million in the Canary Islands’ favour and thirty Canary Islands companies active in the Ghanaian market. There is a weekly shipping connection from Las Palmas to the ports of Tema and Takoradi, direct with MSC and with transhipment via CMA-CGM, Maersk and Hapag-Lloyd. There are no direct flights between Spain and Ghana.
Where the opportunities are
Agri-industry, with cocoa at its core; mining, with gold; energy, between oil and renewables; infrastructure and construction; and port logistics in Tema and Takoradi.
How we go in
IBC Spain has worked in Ghana since the presentation session for the INTERREG MAC projects in Accra. If you want to know whether your product has a future in this market, get in touch or see how we approach market intelligence.
Sources: IMF, World Bank, CESCE, COFACE, DataComex and InforEuro. Ficha País Ghana 2026, IBC Spain.
This piece is drawn from Conexión África, IBC Spain’s monthly newsletter. You can read the full edition on LinkedIn or subscribe to the newsletter, which comes out once a month.