Ghana (GHA) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Ghana-Brazil Trade: In 2022, Ghana exported $9.1M to Brazil. The main products that Ghana exported to Brazil were Cocoa Paste ($3.83M), Cocoa Powder ($2.29M), and Coconuts, Brazil Nuts, and Cashews ($1.22M). Over the past 5 years the exports of Ghana to Brazil have decreased at an annualized rate of 45.4%, from $188M in 2017 to $9.1M in 2022.

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

Brazil-Ghana Trade: In 2022, Brazil exported $296M to Ghana. The main products that Brazil exported to Ghana were Raw Sugar ($105M), Poultry Meat ($42.5M), and Alcohol > 80% ABV ($34.5M). Over the past 5 years the exports of Brazil to Ghana have increased at an annualized rate of 5.36%, from $228M in 2017 to $296M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ghana exported $9.1M to Brazil. The main products exported from Ghana to Brazil were Cocoa Paste ($3.83M), Cocoa Powder ($2.29M), and Coconuts, Brazil Nuts, and Cashews ($1.22M). During the last 5 years the exports of Ghana to Brazil have decreased at an annualized rate of 45.4%, from $188M in 2017 to $9.1M in 2022.

In 2017, Brazil exported $296M to Ghana. The main products exported from Brazil to Ghana were Raw Sugar ($105M), Poultry Meat ($42.5M), and Alcohol > 80% ABV ($34.5M). During the last 5 years the exports of Brazil to Ghana have increased at an annualized rate of 5.36%, from $228M in 2022 to $296M in 2017.

Exports from Ghana () to Brazil () (2022)

Exports from Brazil () to Ghana () (2022)

Latest Data

Trade between Ghana () and Brazil ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Brazil
Top DestinationChina$90.1B

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

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

In 2022, countries that imported more from Brazil than Ghana included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Ghana - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Brazil in the exports of Foodstuffs ($7.17M), Vegetable Products ($1.22M), and Plastics and Rubbers ($528k).

During 2017, Brazil had a large net trade with Ghana in the exports of Foodstuffs ($160M), Animal Products ($57.9M), and Transportation ($32.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Brazil+$2.32MCocoa Paste

Top Product Potential Brazil Ghana+$11.5MPoultry Meat

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Brazil () (2022)

Exports from Brazil () to Ghana () (2022)

Latest Data

Trade between Ghana () and Brazil ()

Ghana Exports

Market Competitiveness

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

Comparative Advantage Ghana - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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