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2022
Flag → Flag
Exports $106MRnk 115 / 211
2022
Flag → Flag
Top Product $25.7MCars
2022
Flag → Flag
Exports $136MRnk 16 / 133
2022
Flag → Flag
Top Product $80.7MCocoa Beans
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
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GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
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GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Japan-Ghana Trade: In 2022, Japan exported $106M to Ghana. The main products that Japan exported to Ghana were Cars ($25.7M), Rubber Tires ($15.1M), and Delivery Trucks ($13.1M). Over the past 5 years the exports of Japan to Ghana have decreased at an annualized rate of 6.93%, from $151M in 2017 to $106M in 2022.

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

Ghana-Japan Trade: In 2022, Ghana exported $136M to Japan. The main products that Ghana exported to Japan were Cocoa Beans ($80.7M), Raw Aluminium ($22.1M), and Cocoa Paste ($15.7M). Over the past 5 years the exports of Ghana to Japan have decreased at an annualized rate of 6.94%,  from $195M in 2017 to $136M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Latest Trends

July, 2024

About

Overview In July 2024, Japan exported ¥1.87B and imported ¥2.25B from Ghana, resulting in a negative trade balance of ¥373M. Between July 2023 and July 2024 the exports of Japan have increased by ¥847M (82.6%) from ¥1.03B to ¥1.87B, while imports increased by ¥1.15B (105%) from ¥1.1B to ¥2.25B.

Trade In July 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 July 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 July 2024 the exports of Japan were mainly from Hyōgo (¥621M), Shizuoka (¥412M), Kanagawa (¥338M), Aichi (¥282M), and Fukuoka (¥106M), while imports destinations were mainly Kanagawa (¥572M), Tokyo (¥541M), Osaka (¥467M), Hyōgo (¥312M), and Aichi (¥232M).

Growth In July 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 July 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 (July 2023 - July 2024)¥847M(82.6%)
IMPORT GROWTH (July 2023 - July 2024)¥1.15B(105%)
MAIN EXPORTER (July 2024)Hyōgo¥621M

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 2022, Japan exported $106M to Ghana. The main products exported from Japan to Ghana were Cars ($25.7M), Rubber Tires ($15.1M), and Delivery Trucks ($13.1M). During the last 5 years the exports of Japan to Ghana have decreased at an annualized rate of 6.93%, from $151M in 2017 to $106M in 2022.

In 2017, Ghana exported $136M to Japan. The main products exported from Ghana to Japan were Cocoa Beans ($80.7M), Raw Aluminium ($22.1M), and Cocoa Paste ($15.7M). During the last 5 years the exports of Ghana to Japan have decreased at an annualized rate of 6.94%, from $195M in 2022 to $136M in 2017.

Exports from Japan (Flag) to Ghana (Flag) (2022)

Exports from Ghana (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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 2022, countries that imported more from Japan than Ghana included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Ghana than Japan included Burkina Faso ($285M), Benin ($42.2M), and Cote d'Ivoire ($163M).

Difference in imports from Ghana (Flag) and Japan (Flag) (2022)

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 2022, Japan had a large net trade with Ghana in the exports of Transportation ($47.9M), Plastics and Rubbers ($18.1M), and Machines ($16.7M).

During 2017, Ghana had a large net trade with Japan in the exports of Foodstuffs ($100M), Metals ($23.9M), and Mineral Products ($8.07M).

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) (2022)

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