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2023
Flag → Flag
Exports $136MRnk 116 / 211
2023
Flag → Flag
Top Product $27.6MCars
2023
Flag → Flag
Exports $141MRnk 24 / 172
2023
Flag → Flag
Top Product $94.1MCocoa Beans
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
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GDP GROWTH21.6%CURRENT US$
Rnk 135 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$2,260CURRENT US$
Rnk 152 / 196
2013-2023
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GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195

About

Japan-Ghana Trade: In 2023, Japan exported $136M to Ghana. The main products that Japan exported to Ghana were Cars ($27.6M), Rubber Tires ($18.7M), and Delivery Trucks ($16.3M). Over the past 5 years the exports of Japan to Ghana have decreased at an annualized rate of 7.52%, from $201M in 2018 to $136M in 2023.

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

Ghana-Japan Trade: In 2023, Ghana exported $141M to Japan. The main products that Ghana exported to Japan were Cocoa Beans ($94.1M), Cocoa Paste ($18.3M), and Raw Aluminium ($15.7M). Over the past 5 years the exports of Ghana to Japan have decreased at an annualized rate of 3.1%,  from $164M in 2018 to $141M in 2023.

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

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥1.91B and imported ¥3.65B from Ghana, resulting in a negative trade balance of ¥1.75B. Between November 2023 and November 2024 the exports of Japan have increased by ¥653M (52.2%) from ¥1.25B to ¥1.91B, while imports increased by ¥2.97B (433%) from ¥685M to ¥3.65B.

Trade In November 2024, the top exports of Japan to Ghana were Cars (¥257M), Rubber Tires (¥197M), Iron Pipes (¥185M), Cyanides (¥89.5M), and Bicycles, delivery tricycles, other cycles (¥46.6M). In November 2024 the top imports of Japan from Ghana were Precious Metal Scraps (¥261M), Cocoa Paste (¥210M), Cocoa Beans (¥130M), Raw Aluminium (¥118M), and Cocoa Powder (¥67.7M).

Origins In November 2024 the exports of Japan were mainly from Kanagawa (¥792M), Hyōgo (¥407M), Aichi (¥224M), Fukuoka (¥216M), and Ōita (¥192M), while imports destinations were mainly Kanagawa (¥2.75B), Hyōgo (¥479M), Niigata (¥163M), Tokyo (¥137M), and Ehime (¥80.2M).

Growth In November 2024, the increase in Japan's year-by-year exports to Ghana was explained primarily by an increase in product exports in Used Rubber Tires (¥11.4M or 58.4%), Rubber Tires (¥7.02M or 3.69%), and Motorcycles and cycles (¥2.67M or 45.2%). In November 2024, the increase in Japan's year-by-year imports  from Ghana was explained primarily by an increase in product imports  in Cocoa Paste (¥112M or 115%), Cocoa Powder (¥33.6M or 98.4%), and Basketwork (¥643k or 58.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥653M(52.2%)
IMPORT GROWTH (November 2023 - November 2024)¥2.97B(433%)
MAIN EXPORTER (November 2024)Kanagawa¥792M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Ghana and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ghana and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $136M to Ghana. The main products exported from Japan to Ghana were Cars ($27.6M), Rubber Tires ($18.7M), and Delivery Trucks ($16.3M). During the last 5 years the exports of Japan to Ghana have decreased at an annualized rate of 7.52%, from $201M in 2018 to $136M in 2023.

In 2018, Ghana exported $141M to Japan. The main products exported from Ghana to Japan were Cocoa Beans ($94.1M), Cocoa Paste ($18.3M), and Raw Aluminium ($15.7M). During the last 5 years the exports of Ghana to Japan have decreased at an annualized rate of 3.1%, from $164M in 2023 to $141M in 2018.

Exports from Japan (Flag) to Ghana (Flag) (2023)

Exports from Ghana (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Japan than Ghana included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Ghana than Japan included Burkina Faso ($574M), Togo ($261M), and Mali ($165M).

Difference in imports from Ghana (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Ghana

Flow
Scale

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

During 2023, Japan had a large net trade with Ghana in the exports of Transportation ($54.1M), Plastics and Rubbers ($27.9M), and Machines ($22.3M).

During 2018, Ghana had a large net trade with Japan in the exports of Foodstuffs ($115M), Metals ($16.9M), and Machines ($2.78M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Ghana+$24.9MCars
Top Product Potential Ghana Japan+$13.6MRaw Aluminium

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

This visualization shows the product space at the HS4 level with the flags of Japan and Ghana. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Ghana (Flag) (2023)

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