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2022
Flag → Flag
Exports $296MRnk 79 / 223
2022
Flag → Flag
Top Product $105MRaw Sugar
2022
Flag → Flag
Exports $9.1MRnk 43 / 133
2022
Flag → Flag
Top Product $3.83MCocoa Paste
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Brazil-Ghana Trade: In 2022, Brazil exported $296M to Ghana. The main products that Brazil exported to Ghana were Raw Sugar ($105M), Poultry Meat ($42.5M), and Alcohol > 80% ABV ($34.5M). Over the past 5 years the exports of Brazil to Ghana have increased at an annualized rate of 5.36%, from $228M in 2017 to $296M in 2022.

In 2022, Brazil did not export any services to Ghana.

Ghana-Brazil Trade: In 2022, Ghana exported $9.1M to Brazil. The main products that Ghana exported to Brazil were Cocoa Paste ($3.83M), Cocoa Powder ($2.29M), and Coconuts, Brazil Nuts, and Cashews ($1.22M). Over the past 5 years the exports of Ghana to Brazil have decreased at an annualized rate of 45.4%,  from $188M in 2017 to $9.1M in 2022.

In 2022, Ghana did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $43.7M and imported $1.84M from Ghana, resulting in a positive trade balance of $41.9M. Between October 2023 and October 2024 the exports of Brazil have increased by $23.8M (119%) from $19.9M to $43.7M, while imports increased by $1.45M (379%) from $384k to $1.84M.

Trade In October 2024, the top exports of Brazil to Ghana were Alcohol > 80% ABV ($12M), Poultry Meat ($4.52M), Raw Sugar ($4.36M), Sausages ($1.56M), and Animal Organs ($648k). In October 2024 the top imports of Brazil from Ghana were Cocoa Paste ($671k), Cocoa Powder ($565k), Coconuts, Brazil Nuts, and Cashews ($248k), Scrap Aluminium ($148k), and Rubber ($66.9k).

Origins In October 2024 the exports of Brazil were mainly from Paraná ($8.51M), São Paulo ($6.2M), Mato Grosso ($4.66M), Pernambuco ($4.5M), and Rio Grande do Sul ($3.79M), while imports destinations were mainly Bahia ($1.05M), Ceará ($273k), Minas Gerais ($242k), Santa Catarina ($167k), and São Paulo ($107k).

Growth In October 2024, the increase in Brazil's year-by-year exports to Ghana was explained primarily by an increase in product exports in Alcohol > 80% ABV ($10.2M or 571%), Poultry Meat ($3M or 197%), and Sausages ($1.05M or 206%). In October 2024, the increase in Brazil's year-by-year imports  from Ghana was explained primarily by an increase in product imports  in Cocoa Paste ($549k or 449%) and Rubber ($29.5k or 78.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$23.8M(119%)
IMPORT GROWTH (October 2023 - October 2024)$1.45M(379%)
MAIN EXPORTER (October 2024)Paraná$8.51M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Ghana and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ghana and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $296M to Ghana. The main products exported from Brazil to Ghana were Raw Sugar ($105M), Poultry Meat ($42.5M), and Alcohol > 80% ABV ($34.5M). During the last 5 years the exports of Brazil to Ghana have increased at an annualized rate of 5.36%, from $228M in 2017 to $296M in 2022.

In 2017, Ghana exported $9.1M to Brazil. The main products exported from Ghana to Brazil were Cocoa Paste ($3.83M), Cocoa Powder ($2.29M), and Coconuts, Brazil Nuts, and Cashews ($1.22M). During the last 5 years the exports of Ghana to Brazil have decreased at an annualized rate of 45.4%, from $188M in 2022 to $9.1M in 2017.

Exports from Brazil (Flag) to Ghana (Flag) (2022)

Exports from Ghana (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Ghana
Top DestinationUnited Arab Emirates$4.72B

This map shows whether countries import more from Brazil or Ghana. Each country is colored based on the difference in imports they receive from Brazil and Ghana or the difference in the growth in imports.

In 2022, countries that imported more from Brazil than Ghana included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Ghana than Brazil included Switzerland ($3.37B), United Arab Emirates ($4.72B), and Burkina Faso ($285M).

Difference in imports from Ghana (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Ghana

Flow
Scale

This chart compares trade between Brazil and Ghana by product, considering products traded by both, Brazil and Ghana.

During 2022, Brazil had a large net trade with Ghana in the exports of Foodstuffs ($160M), Animal Products ($57.9M), and Transportation ($32.3M).

During 2017, Ghana had a large net trade with Brazil in the exports of Foodstuffs ($7.17M), Vegetable Products ($1.22M), and Plastics and Rubbers ($528k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Ghana+$11.5MPoultry Meat
Top Product Potential Ghana Brazil+$2.32MCocoa Paste

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Ghana. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and Ghana (Flag) (2022)

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