Cocoa exports from Ghana produce almost a fifth of commodity export revenues (18%), and a competitive percentage of world cocoa exports (7.8%). The mining industry receives the largest percentage of export money, by selling gold, diamonds, base metals (37%), and aluminum (9.1%). Wood exports were also substantial (5.6%). Imports included capital equipment, petroleum, consumer goods; and foods, most notably rice. Principal trading partners in 2000 (in millions of US dollars) were as follows:
COUNTRY | EXPORTS | IMPORTS | BALANCE |
Switzerland | 393 | 30 | 363 |
United Kingdom | 315 | 268 | 47 |
Netherlands | 187 | 186 | 1 |
United States | 98 | 219 | -121 |
Germany | 90 | 208 | -118 |
Togo | 64 | 50 | 14 |
Italy | 49 | 147 | -98 |
France | 42 | 94 | -52 |
China (inc. Hong Kong) | 28 | 117 | -89 |
Nigeria | 27 | 321 | -294 |
Spain | 22 | 141 | -119 |
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