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

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Ghana-Peru Trade: In 2023, Ghana exported $6.58M to Peru. The main products that Ghana exported to Peru were Toilet Paper ($3.49M), Unglazed Ceramics ($1.93M), and Rubber ($556k). Over the past 5 years the exports of Ghana to Peru have increased at an annualized rate of 30.5%, from $1.74M in 2018 to $6.58M in 2023.

In 2023, Ghana did not export any services to Peru.

Peru-Ghana Trade: In 2023, Peru exported $19.5M to Ghana. The main products that Peru exported to Ghana were Non-fillet Frozen Fish ($16.5M), Other Construction Vehicles ($1.71M), and Special purpose motor vehicles ($412k). Over the past 5 years the exports of Peru to Ghana have increased at an annualized rate of 24.5%, from $6.52M in 2018 to $19.5M in 2023.

In 2023, Peru did not export any services to Ghana.

Comparison: In 2023, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B). That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ghana exported $6.58M to Peru. The main products exported from Ghana to Peru were Toilet Paper ($3.49M), Unglazed Ceramics ($1.93M), and Rubber ($556k). During the last 5 years the exports of Ghana to Peru have increased at an annualized rate of 30.5%, from $1.74M in 2018 to $6.58M in 2023.

In 2018, Peru exported $19.5M to Ghana. The main products exported from Peru to Ghana were Non-fillet Frozen Fish ($16.5M), Other Construction Vehicles ($1.71M), and Special purpose motor vehicles ($412k). During the last 5 years the exports of Peru to Ghana have increased at an annualized rate of 24.5%, from $6.52M in 2023 to $19.5M in 2018.

Exports from Ghana () to Peru () (2023)

Exports from Peru () to Ghana () (2023)

Latest Data

Trade between Ghana () and Peru ()

Ghana Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationSwitzerland$6.49B

Peru
Top DestinationChina$22.5B

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 2023, countries that imported more from Ghana than Peru included Switzerland ($6.49B), United Arab Emirates ($4.93B), and South Africa ($1.85B).

In 2023, countries that imported more from Peru than Ghana included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

Difference in imports from Peru () and Ghana () (2023)

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 2023, Ghana had a large net trade with Peru in the exports of Paper Goods ($3.49M), Stone And Glass ($1.93M), and Plastics and Rubbers ($762k).

During 2018, Peru had a large net trade with Ghana in the exports of Animal Products ($16.7M), Machines ($2.09M), and Transportation ($414k).

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 () (2023)

Exports from Peru () to Ghana () (2023)

Latest Data

Trade between Ghana () and Peru ()

Ghana Exports

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Ghana () (2023)

Comparative Advantage Ghana - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Peru () (2023)

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