Trade through Ghana’s Airports hits highest level ever

Joseph Kofi Adda, Aviation Minister

Trade through in Ghana’s airports has depicted a significant growth, recording the highest level of trade in history.

Data from the Ghana Airports Company Limited indicates that as at June 2019, the country had, year to date (ie January to June) recorded 12.40 million tonnes, comprising 5.33 million tonnes of imports and 7.07 million tonnes in exports.

In 2018, the country recorded a full year trade of 202,451 tonnes, whereas in 2017 and 2016, it recorded 50,360 tonnes and 47,678 tonnes, respectively.

The growth has been driven largely by imports of machinery, mobiles phones as well as spare parts, and in the case exports, growth was largely due to agricultural products.

Two months ago at the International Civil aviation Organization 40th assembly, the Minister for Aviation, Joseph Kofi Adda noted that air cargo movements are poised to see an increase as government is committed to improving aviation infrastructure and policies to support the implementation of the African continental free trade area (AfCFTA).

The Minister said, “as Ghana is hosting the headquarters of the African Continental Free Trade Area Agreement, I wish to assure you that Ghana remains committed to ensuring that air transport is used to enhance free trade and continental Integration of one of the biggest markets of the World. Air cargo Will therefore see a rise in activity on the coming years.”

Tamale Airport

Some investors have expressed interest in partnering government to make the Tamale Airport the nation’s Cargo Airport.

Government expects to make the Tamale Airport a big cargo village that will provide another avenue for cargo to be received or taken out of the country.

According to him, a cargo handling facility for the export of fresh fruits, vegetables and other agricultural products will also be developed under phase two of the project.

The facility will enable these products to be directly exported from Tamale to Europe instead of being sent through Accra.

Africa remains the strongest performer

International freight volumes carried by airlines based in Africa increased by 2.1 percent year-on-year in September. This is down from a brisk 8.4 percent in August, and is the slowest outcome since February.

Africa is the only region to have recorded year-on-year FTK growth in each of the past 4 months. Air freight volumes to/from the region have been supported by foreign investment flows, particularly from the Asia Pacific region, as well as robust economic performance in some key regional economies.