Ghana: Fish and Seafood Report
Ghana’s overexploited marine stocks will continue to limit domestic seafood production, while population and economic growth push consumption upwards. To address critical levels of overfishing, policymakers seek to impose closed seasons in 2019, after unsuccessful attempts to do so the previous year. A small but rapidly expanding aquaculture sector shows promise in addressing supply challenges, but imports will also play a key role and account for an increasingly significant share of domestic consumption. Ghana imported an estimated $311 million in seafood and fish products in 2018. As the local aquaculture industry gains steam, imports of soybean meal and competition for domestically produced feed grains will also increase. U.S. soy (beans and meal) and seafood exports to Ghana, valued at $4.6 and $7.3 million respectively in 2018, stand to benefit from these trends.
