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Pricing

2022
Flag → Flag
Exports $7.91BRnk 57 / 211
2022
Flag → Flag
Top Product $380MCoated Flat-Rolled Iron
2022
Flag → Flag
Exports $2.01BRnk 5 / 133
2022
Flag → Flag
Top Product $1.46BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 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 $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

China-Ghana Trade: In 2022, China exported $7.91B to Ghana. The main products that China exported to Ghana were Coated Flat-Rolled Iron ($380M), Rubber Footwear ($238M), and Pesticides ($193M). Over the past 5 years the exports of China to Ghana have increased at an annualized rate of 11.2%, from $4.65B in 2017 to $7.91B in 2022.

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

Ghana-China Trade: In 2022, Ghana exported $2.01B to China. The main products that Ghana exported to China were Crude Petroleum ($1.46B), Manganese Ore ($421M), and Aluminium Ore ($27.5M). Over the past 5 years the exports of Ghana to China have decreased at an annualized rate of 1.12%,  from $2.13B in 2017 to $2.01B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $881M and imported $133M from Ghana, resulting in a positive trade balance of $748M. Between October 2023 and October 2024 the exports of China have increased by $144M (19.5%) from $737M to $881M, while imports increased by $109M (445%) from $24.4M to $133M.

Trade In October 2024, the top exports of China to Ghana were Coated Flat-Rolled Iron ($36.3M), Bi-Wheel Vehicle Parts ($32M), Rubber Footwear ($25.7M), Other Furniture ($15.3M), and Pesticides ($15.2M). In October 2024 the top imports of China from Ghana were Crude Petroleum ($85.7M), Manganese Ore ($18.4M), Rubber ($1.65M), Cocoa Powder ($812k), and Equine and Bovine Hides ($700k).

Origins In October 2024 the exports of China were mainly from Zhejiang Province ($186M), Guangdong Province ($158M), Shandong Province ($107M), Jiangsu Province ($70.5M), and Fujian Province ($44.3M), while imports destinations were mainly Beijing ($76.7M), Hunan Province ($19.6M), Jiangsu Province ($19M), Shandong Province ($12.2M), and Zhejiang Province ($3.8M).

Growth In October 2024, the increase in China's year-by-year exports to Ghana was explained primarily by an increase in product exports in Bi-Wheel Vehicle Parts ($17.3M or 118%), Rubber Footwear ($8.12M or 46.3%), and Motor vehicles; parts and accessories (8701... ($8.11M or 130%). In October 2024, the increase in China's year-by-year imports  from Ghana was explained primarily by an increase in product imports  in Rubber ($1.62M or 5.75k%), Equine and Bovine Hides ($398k or 132%), and Cocoa Powder ($177k or 27.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$144M(19.5%)
IMPORT GROWTH (October 2023 - October 2024)$109M(445%)
MAIN EXPORTER (October 2024)Zhejiang Province$186M

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

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

For full datasets download visit Bulk Download page.

Explore Ghana and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $7.91B to Ghana. The main products exported from China to Ghana were Coated Flat-Rolled Iron ($380M), Rubber Footwear ($238M), and Pesticides ($193M). During the last 5 years the exports of China to Ghana have increased at an annualized rate of 11.2%, from $4.65B in 2017 to $7.91B in 2022.

In 2017, Ghana exported $2.01B to China. The main products exported from Ghana to China were Crude Petroleum ($1.46B), Manganese Ore ($421M), and Aluminium Ore ($27.5M). During the last 5 years the exports of Ghana to China have decreased at an annualized rate of 1.12%, from $2.13B in 2022 to $2.01B in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationN/AN/A
Ghana
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage China - Ghana

Flow
Scale

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

During 2022, China had a large net trade with Ghana in the exports of Metals ($1.69B), Machines ($1.56B), and Textiles ($916M).

During 2017, Ghana had a large net trade with China in the exports of Mineral Products ($1.91B), Wood Products ($23.8M), and Metals ($21.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Ghana+$67.1MTelephones
Top Product Potential Ghana China+$913MCrude Petroleum

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 China and Ghana. This means that a dot/product with the flag of China indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over China.

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

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