Vietnam (VNM) and Ghana (GHA) Trade | The Observatory of Economic Complexity

About

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.

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 3.57%, from $309M in 2017 to $192M in 2022.

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

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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $302M in 2022.

In 2017, 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 3.57%, from $309M in 2022 to $192M in 2017.

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

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

Latest Data

Trade between Vietnam () and Ghana ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

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

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

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

Comparative Advantage Vietnam - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Ghana in the exports of Vegetable Products ($232M), Metals ($14.4M), and Chemical Products ($13.7M).

During 2017, Ghana had a large net trade with Vietnam in the exports of Vegetable Products ($182M), Wood Products ($10.6M), and Plastics and Rubbers ($170k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Ghana+$5.37MCoated Flat-Rolled Iron

Top Product Potential Ghana Vietnam+$3MSawn Wood

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Vietnam () and Ghana ()

Ghana Exports

Market Competitiveness

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

Comparative Advantage Vietnam - Ghana

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring