Ghana (GHA) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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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.

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.

Comparison: In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $1.31M in 2022.

In 2017, 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 2022 to $30.2M in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Chinese Taipei
Top DestinationChina$121B

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

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

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

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

Comparative Advantage Ghana - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, 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).

During 2017, 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).

Potential Exports

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Ghana - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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