Ghana-Canada Trade Ties Significant Yet With Vast Untapped Potentials- Otumfuo
The King of the Asante Kingdom, Otumfuo Osei Tutu II, has stated that while the bilateral and economic relationship between Ghana and Canada remains highly significant, the true depth of its commercial potential is still largely untapped.
Speaking as the Special Guest of Honour at a high-level Power Breakfast Business Meeting on Tuesday, June 16, 2026, His Majesty cited economic data to buttress his point.
“The relationship between Ghana and Canada is significant but it remains its full potentials. Data show that two-way trade between the two countries reached approximately 483 billion Canadian dollars in 2024 with Canada exporting about 316 billion Canadian dollars to Ghana and importing about 166 billion Canadian dollars from Ghana.”
These substantial figures establish Ghana as one of Canada’s most critical trading partners in sub-Saharan Africa, His Majesty indicated.
However, the Monarch noted that while the statistics are highly encouraging, they also underscore an uneven trade dynamic that must be structurally corrected.
The Asantehene extended sincere appreciation to the Canadian government and corporate stakeholders for decades of solid bilateral cooperation with Ghana but warned local representatives against complacency.
His Majesty urged both nations to leverage their strong mutual goodwill into aggressive, high-value commercial enterprises that move past simple raw commodity trading.
“We acknowledge this with gratitude, but gratitude must not make us complacent. Friendship must lead to greater ambition. Goodwill must become an enterprise. Enterprise must create jobs, jobs must provide dignity and dignity must lead to peace and shared prosperity.”
Canadian exports to Ghana consist largely of high-value processed goods, including cereals, vehicles, machinery, and industrial equipment.
Conversely, Ghana’s exports to Canada are primarily restricted to raw agricultural and natural resources, such as cocoa beans, soya beans, and other raw commodities.
Story by Hajara Fuseini
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