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2023
Flag → Flag
Exports $78.6MRnk 30 / 172
2023
Flag → Flag
Top Product $76.5MCrude Petroleum
2023
Flag → Flag
Exports $36.8MRnk 101 / 212
2023
Flag → Flag
Top Product $6.76MRubberworking Machinery
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC $2,260CURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195

About

Ghana-Chinese Taipei Trade: In 2023, Ghana exported $78.6M to Chinese Taipei. The main products that Ghana exported to Chinese Taipei were Crude Petroleum ($76.5M), Cocoa Paste ($1.27M), and Cocoa Powder ($177k). Over the past 5 years the exports of Ghana to Chinese Taipei have increased at an annualized rate of 99.7%, from $2.48M in 2018 to $78.6M in 2023.

In 2023, Ghana did not export any services to Chinese Taipei.

Chinese Taipei-Ghana Trade: In 2023, Chinese Taipei exported $36.8M to Ghana. The main products that Chinese Taipei exported to Ghana were Rubberworking Machinery ($6.76M), Acrylic Polymers ($5.09M), and Styrene Polymers ($4.4M). Over the past 5 years the exports of Chinese Taipei to Ghana have increased at an annualized rate of 3.67%,  from $30.7M in 2018 to $36.8M in 2023.

In 2023, Chinese Taipei did not export any services to Ghana.

Comparison: In 2023,  Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B). That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ghana exported $78.6M to Chinese Taipei. The main products exported from Ghana to Chinese Taipei were Crude Petroleum ($76.5M), Cocoa Paste ($1.27M), and Cocoa Powder ($177k). During the last 5 years the exports of Ghana to Chinese Taipei have increased at an annualized rate of 99.7%, from $2.48M in 2018 to $78.6M in 2023.

In 2018, Chinese Taipei exported $36.8M to Ghana. The main products exported from Chinese Taipei to Ghana were Rubberworking Machinery ($6.76M), Acrylic Polymers ($5.09M), and Styrene Polymers ($4.4M). During the last 5 years the exports of Chinese Taipei to Ghana have increased at an annualized rate of 3.67%, from $30.7M in 2023 to $36.8M in 2018.

Exports from Ghana (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Ghana (Flag) (2023)

Market Competitiveness

Color
Ghana
Top DestinationSwitzerland$6.49B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Ghana than Chinese Taipei included Switzerland ($6.49B), United Arab Emirates ($4.93B), and South Africa ($1.85B).

In 2023, countries that imported more from Chinese Taipei than Ghana included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Ghana (Flag) (2023)

Comparative Advantage Ghana - Chinese Taipei

Flow
Scale

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

During 2023, Ghana had a large net trade with Chinese Taipei in the exports of Mineral Products ($76.5M), Foodstuffs ($1.6M), and Wood Products ($178k).

During 2018, Chinese Taipei had a large net trade with Ghana in the exports of Plastics and Rubbers ($13.9M), Machines ($11.3M), and Textiles ($4.34M).

Economic Complexity

Competitive Landscape

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

Product Space of Ghana (Flag) and Chinese Taipei (Flag) (2023)

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