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 GROWTH
76.5%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 GROWTH
41.6%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).

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 Destination
China$90.1B
Ghana
Top Destination
United 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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