Ghana (GHA) and Peru (PER) Trade | The Observatory of Economic Complexity

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Ghana-Peru Trade: In 2022, Ghana exported $5.22M to Peru. The main products that Ghana exported to Peru were Unglazed Ceramics ($3.14M), Non-fillet Frozen Fish ($954k), and Toilet Paper ($673k). Over the past 5 years the exports of Ghana to Peru have increased at an annualized rate of 181%, from $29.7k in 2017 to $5.22M in 2022.

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

Peru-Ghana Trade: In 2022, Peru exported $7.43M to Ghana. The main products that Peru exported to Ghana were Non-fillet Frozen Fish ($6.26M), Other Construction Vehicles ($600k), and Malt Extract ($306k). Over the past 5 years the exports of Peru to Ghana have decreased at an annualized rate of 6.74%, from $10.5M in 2017 to $7.43M in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ghana exported $5.22M to Peru. The main products exported from Ghana to Peru were Unglazed Ceramics ($3.14M), Non-fillet Frozen Fish ($954k), and Toilet Paper ($673k). During the last 5 years the exports of Ghana to Peru have increased at an annualized rate of 181%, from $29.7k in 2017 to $5.22M in 2022.

In 2017, Peru exported $7.43M to Ghana. The main products exported from Peru to Ghana were Non-fillet Frozen Fish ($6.26M), Other Construction Vehicles ($600k), and Malt Extract ($306k). During the last 5 years the exports of Peru to Ghana have decreased at an annualized rate of 6.74%, from $10.5M in 2022 to $7.43M in 2017.

Exports from Ghana () to Peru () (2022)

Exports from Peru () to Ghana () (2022)

Latest Data

Trade between Ghana () and Peru ()

Ghana Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Peru
Top DestinationChina$17.6B

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

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

In 2022, countries that imported more from Peru than Ghana included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Ghana - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Peru in the exports of Stone And Glass ($3.14M), Animal Products ($954k), and Paper Goods ($673k).

During 2017, Peru had a large net trade with Ghana in the exports of Animal Products ($6.26M), Machines ($616k), and Foodstuffs ($306k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Peru+$299kRubber

Top Product Potential Peru Ghana+$238kMalt Extract

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Peru () (2022)

Exports from Peru () to Ghana () (2022)

Latest Data

Trade between Ghana () and Peru ()

Ghana Exports

Peru Exports

Market Competitiveness

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

Comparative Advantage Ghana - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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