2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC 
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Ghana-Vietnam Trade: In 2022, Ghana exported $192M to Vietnam. The main products that Ghana exported to Vietnam were Coconuts, Brazil Nuts, and Cashews ($182M), Rough Wood ($5.28M), and Sawn Wood ($5.03M). Over the past 5 years the exports of Ghana to Vietnam have decreased at an annualized rate of 9.02%, from $309M in 2017 to $192M in 2022.

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

Vietnam-Ghana Trade: In 2022, Vietnam exported $302M to Ghana. The main products that Vietnam exported to Ghana were Rice ($230M), Coated Flat-Rolled Iron ($10.8M), and Dental Products ($8.75M). Over the past 5 years the exports of Vietnam to Ghana have increased at an annualized rate of 1.72%,  from $278M in 2017 to $302M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $192M to Vietnam. The main products exported from Ghana to Vietnam were Coconuts, Brazil Nuts, and Cashews ($182M), Rough Wood ($5.28M), and Sawn Wood ($5.03M). During the last 5 years the exports of Ghana to Vietnam have decreased at an annualized rate of 9.02%, from $309M in 2017 to $192M in 2022.

In 2017, Vietnam exported $302M to Ghana. The main products exported from Vietnam to Ghana were Rice ($230M), Coated Flat-Rolled Iron ($10.8M), and Dental Products ($8.75M). During the last 5 years the exports of Vietnam to Ghana have increased at an annualized rate of 1.72%, from $278M in 2022 to $302M in 2017.

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

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

Latest Data

Trade between Ghana (Flag) and Vietnam (Flag)

Ghana Exports

Market Competitiveness

Color
Ghana
Top Destination
United Arab Emirates$4.72B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Ghana than Vietnam included Switzerland ($3.37B), Burkina Faso ($285M), and Niger ($56.3M).

In 2022, countries that imported more from Vietnam than Ghana included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Ghana - Vietnam

Flow
Scale

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

During 2022, Ghana had a large net trade with Vietnam in the exports of Vegetable Products ($182M), Wood Products ($10.6M), and Plastics and Rubbers ($170k).

During 2017, Vietnam had a large net trade with Ghana in the exports of Vegetable Products ($232M), Metals ($14.4M), and Chemical Products ($13.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Vietnam+$3MSawn Wood
Top Product Potential Vietnam Ghana+$5.37MCoated Flat-Rolled Iron

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

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

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