To ensure a sustainable trading relationship between Ghana and India, efforts are underway to help promote export items from Ghana into India and thereby help close the trade gap. Ghana mainly imports pharmaceutical products, cotton yarn, fabrics, machinery and instruments from India. Some of the regular exports from Ghana to India include: cashew nuts, metalifers ores and metal scrap, wood and wood products, pearls, precious and semi precious stones, oil seeds and spices.
A Joint Trade Committee between Ghana and India was established to promote economic co-operation and enhance bilateral trade between both countries but the Committee has not met for several years. Efforts are underway to reactivate this as a mechanism to address all trade concerns.
A Ghana-India development Consortium was also set up in February 2002, comprising representatives from privately owned Indian companies, wishing to co-operate and collaborate with local entrepreneurs.