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
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186

About

Chinese Taipei-Ghana Trade: In 2022, Chinese Taipei exported $30.2M to Ghana. The main products that Chinese Taipei exported to Ghana were Styrene Polymers ($4.29M), Rubberworking Machinery ($3.89M), and Acrylic Polymers ($2.08M). Over the past 5 years the exports of Chinese Taipei to Ghana have decreased at an annualized rate of 0.63%, from $31.2M in 2017 to $30.2M in 2022.

In 2022, Chinese Taipei did not export any services to Ghana.

Ghana-Chinese Taipei Trade: In 2022, Ghana exported $1.31M to Chinese Taipei. The main products that Ghana exported to Chinese Taipei were Cocoa Paste ($647k), Rough Wood ($231k), and Other Pure Vegetable Oils ($169k). Over the past 5 years the exports of Ghana to Chinese Taipei have decreased at an annualized rate of 51.7%,  from $50.1M in 2017 to $1.31M in 2022.

In 2022, Ghana did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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, Chinese Taipei exported $30.2M to Ghana. The main products exported from Chinese Taipei to Ghana were Styrene Polymers ($4.29M), Rubberworking Machinery ($3.89M), and Acrylic Polymers ($2.08M). During the last 5 years the exports of Chinese Taipei to Ghana have decreased at an annualized rate of 0.63%, from $31.2M in 2017 to $30.2M in 2022.

In 2017, Ghana exported $1.31M to Chinese Taipei. The main products exported from Ghana to Chinese Taipei were Cocoa Paste ($647k), Rough Wood ($231k), and Other Pure Vegetable Oils ($169k). During the last 5 years the exports of Ghana to Chinese Taipei have decreased at an annualized rate of 51.7%, from $50.1M in 2022 to $1.31M in 2017.

Exports from Chinese Taipei (Flag) to Ghana (Flag) (2022)

Exports from Ghana (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Ghana
Top Destination
United Arab Emirates$4.72B

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

In 2022, countries that imported more from Chinese Taipei than Ghana included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Ghana than Chinese Taipei included United Arab Emirates ($4.72B), Switzerland ($3.37B), and Burkina Faso ($285M).

Difference in imports from Ghana (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Ghana

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Ghana in the exports of Plastics and Rubbers ($12M), Machines ($10.1M), and Chemical Products ($1.76M).

During 2017, Ghana had a large net trade with Chinese Taipei in the exports of Foodstuffs ($718k), Wood Products ($339k), and Animal and Vegetable Bi-Products ($169k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Ghana (Flag) (2022)

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