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The World Integrated Trade Solution (WITS) is a trade software provided by the World Bank for users to query several international trade databases.. WITS allows the user to query trade statistics (export, import, re-exports and re-imports) from the UN's repository of official international trade statistics and relevant analytical tables (UN COMTRADE), tariff and non-tariff measures data from ...
Ghana Exports Promotion Authority is a state organization with the mandate to develop, facilitate and promote Ghanaian exports. The Head Office of Ghana Export Promotion Authority housed in the Africa Trade House.
The service is mandated to collect Import and export duty tax, petroleum tax and import excise. It promotes the protection of revenue through the prevention of smuggling of goods across Ghana's borders. The service protects the boundaries of Ghana by preventing external aggression and promotes territorial integrity of Ghana.
Ghana's increasing oil exports as a percentage of all exports. Ghana has 5 billion barrels (790 × 10 ^ 6 m 3) to 7 billion barrels (1.1 × 10 ^ 9 m 3) of petroleum in reserves. A large oilfield which contains up to 3 billion barrels (480 × 10 ^ 6 m 3) of sweet crude oil was discovered in 2007. [58]
This is the list of countries by trade-to-GDP ratio, i.e. the sum of exports and imports of goods and services, divided by gross domestic product, expressed as a percentage, based on the data published by World Bank. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
The United States imposes tariffs (customs duties) on imports of goods. The duty is levied at the time of import and is paid by the importer of record. Customs duties vary by country of origin and product. Goods from many countries are exempt from duty under various trade agreements. Certain types of goods are exempt from duty regardless of source.
The third largest gold exporter in Africa, Mali imposed taxes only on the first 50 kg of gold exports per month, which allowed several small-scale miners to enjoy tax exemptions and smuggle gold worth millions. In 2014, Mali's gold production was 45.8 tonnes, while the UAE's gold imports were 59.9 tonnes. [31] [32]
The Ghana National Agricultural Export has drastically contributed to the growth and economy of the Ghana nation from a monitored, checked and properly executed policies, procedures and regulations. In 2024, Ghana banned grain exports due to looming food shortages. [ 1 ]