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2023
Flag → Flag
Exports $321MRnk 74 / 221
2023
Flag → Flag
Top Product $102MRaw Sugar
2023
Flag → Flag
Exports $397MRnk 12 / 172
2023
Flag → Flag
Top Product $358MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
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GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$2,260CURRENT US$
Rnk 152 / 196
2013-2023
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GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195

About

Brazil-Ghana Trade: In 2023, Brazil exported $321M to Ghana. The main products that Brazil exported to Ghana were Raw Sugar ($102M), Poultry Meat ($65.4M), and Animal Organs ($32.3M). Over the past 5 years the exports of Brazil to Ghana have increased at an annualized rate of 12.4%, from $179M in 2018 to $321M in 2023.

In 2023, Brazil did not export any services to Ghana.

Ghana-Brazil Trade: In 2023, Ghana exported $397M to Brazil. The main products that Ghana exported to Brazil were Crude Petroleum ($358M), Cocoa Beans ($22.1M), and Cocoa Paste ($8.25M). Over the past 5 years the exports of Ghana to Brazil have increased at an annualized rate of 22.4%,  from $145M in 2018 to $397M in 2023.

In 2023, Ghana did not export any services to Brazil.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $22.1M and imported $74.5M from Ghana, resulting in a negative trade balance of $52.3M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-15.1M (-40.5%) from $37.2M to $22.1M, while imports increased by $72.2M (3.24k%) from $2.23M to $74.5M.

Trade In December 2024, the top exports of Brazil to Ghana were Alcohol > 80% ABV ($7.63M), Raw Sugar ($6.68M), Poultry Meat ($4.97M), Sausages ($909k), and Edible Offal ($901k). In December 2024 the top imports of Brazil from Ghana were Cocoa Paste ($656k), Coconuts, Brazil Nuts, and Cashews ($407k), Cocoa Shells ($74.4k), Rubber ($54.4k), and Cocoa Beans ($17.6k).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($6.21M), Paraná ($5.4M), Minas Gerais ($2.38M), Santa Catarina ($2.25M), and Bahia ($1.57M), while imports destinations were mainly Bahia ($73.9M), Santa Catarina ($484k), and Minas Gerais ($65.6k).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Ghana was explained primarily by an decrease in product exports in Alcohol > 80% ABV ($-4.33M or -36.2%), Sausages ($-648k or -41.6%), and Animal Organs ($-317k or -48.9%). In December 2024, the increase in Brazil's year-by-year imports  from Ghana was explained primarily by an increase in product imports  in Coconuts, Brazil Nuts, and Cashews ($158k or 63.8%) and Cocoa Beans ($10.3k or 140%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-15.1M(-40.5%)
IMPORT GROWTH (December 2023 - December 2024)$72.2M(3.24k%)
MAIN EXPORTER (December 2024)São Paulo$6.21M

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 2023, Brazil exported $321M to Ghana. The main products exported from Brazil to Ghana were Raw Sugar ($102M), Poultry Meat ($65.4M), and Animal Organs ($32.3M). During the last 5 years the exports of Brazil to Ghana have increased at an annualized rate of 12.4%, from $179M in 2018 to $321M in 2023.

In 2018, Ghana exported $397M to Brazil. The main products exported from Ghana to Brazil were Crude Petroleum ($358M), Cocoa Beans ($22.1M), and Cocoa Paste ($8.25M). During the last 5 years the exports of Ghana to Brazil have increased at an annualized rate of 22.4%, from $145M in 2023 to $397M in 2018.

Exports from Brazil (Flag) to Ghana (Flag) (2023)

Exports from Ghana (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Ghana
Top DestinationSwitzerland$6.49B

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 2023, countries that imported more from Brazil than Ghana included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Ghana than Brazil included Switzerland ($6.49B), United Arab Emirates ($4.93B), and Burkina Faso ($574M).

Difference in imports from Ghana (Flag) and Brazil (Flag) (2023)

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 2023, Brazil had a large net trade with Ghana in the exports of Foodstuffs ($162M), Animal Products ($108M), and Chemical Products ($12.8M).

During 2018, Ghana had a large net trade with Brazil in the exports of Mineral Products ($358M), Foodstuffs ($33.6M), and Metals ($2.79M).

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) (2023)

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