2023
Flag
 GDP
$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH
21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC
$2,260CURRENT US$
Rnk 152 / 196
2013-2023
Flag
GDP PC GROWTH
-1.47%CURRENT US$
Rnk 154 / 195

About

Chinese Taipei-Ghana Trade: In 2023, Chinese Taipei exported $36.8M to Ghana. The main products that Chinese Taipei exported to Ghana were Rubberworking Machinery ($6.76M), Acrylic Polymers ($5.09M), and Styrene Polymers ($4.4M). Over the past 5 years the exports of Chinese Taipei to Ghana have increased at an annualized rate of 3.67%, from $30.7M in 2018 to $36.8M in 2023.

In 2023, Chinese Taipei did not export any services to Ghana.

Ghana-Chinese Taipei Trade: In 2023, Ghana exported $78.6M to Chinese Taipei. The main products that Ghana exported to Chinese Taipei were Crude Petroleum ($76.5M), Cocoa Paste ($1.27M), and Cocoa Powder ($177k). Over the past 5 years the exports of Ghana to Chinese Taipei have increased at an annualized rate of 33.4%,  from $2.48M in 2018 to $78.6M in 2023.

In 2023, Ghana did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $36.8M to Ghana. The main products exported from Chinese Taipei to Ghana were Rubberworking Machinery ($6.76M), Acrylic Polymers ($5.09M), and Styrene Polymers ($4.4M). During the last 5 years the exports of Chinese Taipei to Ghana have increased at an annualized rate of 3.67%, from $30.7M in 2018 to $36.8M in 2023.

In 2018, Ghana exported $78.6M to Chinese Taipei. The main products exported from Ghana to Chinese Taipei were Crude Petroleum ($76.5M), Cocoa Paste ($1.27M), and Cocoa Powder ($177k). During the last 5 years the exports of Ghana to Chinese Taipei have increased at an annualized rate of 33.4%, from $2.48M in 2023 to $78.6M in 2018.

Exports from Chinese Taipei (Flag) to Ghana (Flag) (2023)

Exports from Ghana (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Ghana
Top Destination
Switzerland$6.49B

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

In 2023, countries that imported more from Chinese Taipei than Ghana included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Difference in imports from Ghana (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Ghana

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Ghana in the exports of Plastics and Rubbers ($13.9M), Machines ($11.3M), and Textiles ($4.34M).

During 2018, Ghana had a large net trade with Chinese Taipei in the exports of Mineral Products ($76.5M), Foodstuffs ($1.6M), and Wood Products ($178k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Ghana (Flag) (2023)

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