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Tropentag, September 14 - 16, 2022, Prague

"Can agroecological farming feed the world? Farmers' and academia's views."


Foreign trade in selected agri-food products

Samuel Boateng, Anna Jankowska

Poznan University of Life Sciences, Faculty of Economics, Ghana


Abstract


Agriculture is fundamental to the economy of Ghana and it contributes roughly 20% of Gross Domestic Product (GDP). Ghana’s agriculture is predominantly smallholder, traditional and rain-fed. According to the Food and Agriculture Organisation, about 60% of all farms in the country are less than 1.2 hectares in size, 25% are between 1.2 to 2.0 hectares, with about 15% above 2.0 hectares. In the absence of international trade, countries would be limited to the goods and services produced within their shores. In the streamlines balance appreciative, it is usually presupposed that the object of this exchange is such a part of the production, which exceeds the home consumers demand and thus is the object of export, or, vice versa, that part of the home demand which is not satisfied by the home production and thus has to be covered by import. In reality, the whole process is, however, substantially more complicated, as the whole series of reasons (price, trade, political etc.) lead often to exporting even those products which might have been realised in the home market, regarding the purchasable demand, and on the other hand, import includes in most commodity groups also the products competing with the home production and thus securing a wider assortment of supply. This work seeks to present the importance of agri-food products in Ghana's foreign trade. Analysing changes in the value and assortment structure of foreign trade in agri-food products in Ghana. Knowledge of the subject literature and knowledge of foreign trade with particular emphasis on Ghana's trade. Selected methods of descriptive statistics (structure and dynamics indicators) is applied in the work. The study recommendation based on findings, includes, the need to for Ghana to also focus much on mechanise farming than indigenous agriculture to increase productivity. Also creating more opportunities for the planting for export initiative by the Ghana government to boost foreign trade among the selected agri-food products.


Keywords: Agri-food, foreign trade, Ghana


Contact Address: Samuel Boateng, Poznan University of Life Sciences, Faculty of Economics, P. O. Box 169 nkawie-Toase ashanti region Ghana, 03221 Kumasi, Ghana, e-mail: calfghana@gmail.com


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