Ghana (GHA) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Ghana-Japan Trade: In 2022, Ghana exported $136M to Japan. The main products that Ghana exported to Japan were Cocoa Beans ($80.7M), Raw Aluminium ($22.1M), and Cocoa Paste ($15.7M). Over the past 5 years the exports of Ghana to Japan have decreased at an annualized rate of 6.94%, from $195M in 2017 to $136M in 2022.

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

Japan-Ghana Trade: In 2022, Japan exported $106M to Ghana. The main products that Japan exported to Ghana were Cars ($25.7M), Rubber Tires ($15.1M), and Delivery Trucks ($13.1M). Over the past 5 years the exports of Japan to Ghana have decreased at an annualized rate of 6.93%, from $151M in 2017 to $106M in 2022.

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

Comparison: In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ghana exported $136M to Japan. The main products exported from Ghana to Japan were Cocoa Beans ($80.7M), Raw Aluminium ($22.1M), and Cocoa Paste ($15.7M). During the last 5 years the exports of Ghana to Japan have decreased at an annualized rate of 6.94%, from $195M in 2017 to $136M in 2022.

In 2017, Japan exported $106M to Ghana. The main products exported from Japan to Ghana were Cars ($25.7M), Rubber Tires ($15.1M), and Delivery Trucks ($13.1M). During the last 5 years the exports of Japan to Ghana have decreased at an annualized rate of 6.93%, from $151M in 2022 to $106M in 2017.

Exports from Ghana () to Japan () (2022)

Exports from Japan () to Ghana () (2022)

Latest Data

Trade between Ghana () and Japan ()

Ghana Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from Ghana than Japan included Burkina Faso ($285M), Benin ($42.2M), and Cote d'Ivoire ($163M).

In 2022, countries that imported more from Japan than Ghana included United States ($137B), China ($135B), and South Korea ($50.8B).

Difference in imports from Japan () and Ghana () (2022)

Comparative Advantage Ghana - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Japan in the exports of Foodstuffs ($100M), Metals ($23.9M), and Mineral Products ($8.07M).

During 2017, Japan had a large net trade with Ghana in the exports of Transportation ($47.9M), Plastics and Rubbers ($18.1M), and Machines ($16.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Japan+$13.6MRaw Aluminium

Top Product Potential Japan Ghana+$24.9MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Japan () (2022)

Exports from Japan () to Ghana () (2022)

Latest Data

Trade between Ghana () and Japan ()

Ghana Exports

Japan Exports

Market Competitiveness

Difference in imports from Japan () and Ghana () (2022)

Comparative Advantage Ghana - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Japan () (2022)

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