Brazil-Ghana Bilateral Trade Analysis 2023
Complete trade statistics: $748.62M total volume •Brazil deficit: $79.00M
Brazil → Ghana
$334.81M
Exports (2023)
Ghana → Brazil
$413.81M
Imports (2023)
Trade Balance
$79.00M
Deficit for Brazil
Total Trade
$748.62M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Brazil and Ghana. Green line shows exports from Brazil, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Brazil-Ghana commercial relationship and competitive positioning in global markets.
Brazil → Ghana Exports
Export Market Intelligence
🎯 Strategic Export Focus
Brazil's export portfolio to Ghana demonstrates strategic specialization, with sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter representing a key competitive advantage in this bilateral market.
Ghana → Brazil Imports
Import Dependency Profile
📦 Import Strategy Analysis
Brazil's import pattern from Ghana reveals strategic sourcingin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Brazil demonstrates competitive strength in exportingsugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter to Ghana, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $748.62M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Brazil-Ghana Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $748.62 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Brazil maintains a deficit of $79.00 million
- Export Focus: Brazil's primary exports include sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, animal products: guts, bladders and stomachs of animals (other than fish), whole and pieces thereof, fresh, chilled, frozen, salted, in brine, dried or smoked
- Import Dependencies: Key imports from Ghana include oils: petroleum oils and oils obtained from bituminous minerals, crude, cocoa beans: whole or broken, raw or roasted, cocoa: paste, wholly or partly defatted
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $748.62M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Brazil leveraging its comparative advantages in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Brazil's specialization in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring mattercomplements Ghana's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $748.62M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $748.62M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $748.62 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Brazil's trade deficit of $79.00 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Brazil and Ghana represents a total trade volume of $748.62 million in 2023. This partnership demonstrates an unfavorable trade balance for Brazil, with imports exceeding exportsby $79.00 million.
Export Strengths
Brazil's exports to Ghana total $334.81 million, with competitive advantages in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, representing $106.48M or31.8% of bilateral exports.
Import Dependencies
Imports from Ghana amount to $413.81 million, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising90.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Brazil's strategic sourcing from Ghana. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Brazil and Ghana in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023