2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC 
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186

About

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
Value

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 (Flag) to Chinese Taipei (Flag) (2022)

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

Market Competitiveness

Color
Ghana
Top Destination
United Arab Emirates$4.72B
Chinese Taipei
Top Destination
China$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 (Flag) and Ghana (Flag) (2022)

Comparative Advantage Ghana - Chinese Taipei

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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