Ghana-Benin Bilateral Trade Analysis 2023
Complete trade statistics: $89.08M total volume •Ghana surplus: $89.08M
Ghana → Benin
$89.08M
Exports (2023)
Benin → Ghana
$0
Imports (2023)
Trade Balance
$89.08M
Surplus for Ghana
Total Trade
$89.08M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ghana and Benin. Green line shows exports from Ghana, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Ghana-Benin commercial relationship and competitive positioning in global markets.
Ghana → Benin Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ghana's export portfolio to Benin demonstrates strategic specialization, with electrical energy representing a key competitive advantage in this bilateral market.
Benin → Ghana Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ghana's import pattern from Benin reveals significant dependencyin fabrics, woven: containing 85% or more by weight of cotton, unbleached, of weaves n.e.c. in item no. 5208.1, weighing not more than 200g/m2, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ghana demonstrates competitive strength in exportingelectrical energy to Benin, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $89.08M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Ghana-Benin Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $89.08 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Ghana maintains a surplus of $89.08 million
- Export Focus: Ghana's primary exports include electrical energy, petroleum gases and other gaseous hydrocarbons: liquefied, butanes, plastics: tubes, pipes and hoses thereof, rigid, of polymers of ethylene
- Import Dependencies: Key imports from Benin include fabrics, woven: containing 85% or more by weight of cotton, unbleached, of weaves n.e.c. in item no. 5208.1, weighing not more than 200g/m2, dairy produce: yoghurt, whether or not concentrated or containing added sugar or other sweetening matter or flavoured or containing added fruit or cocoa, oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
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 $89.08M 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 Ghana leveraging its comparative advantages in electrical energy.
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
Ghana's specialization in electrical energycomplements Benin's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in fabrics, woven: containing 85% or more by weight of cotton, unbleached, of weaves n.e.c. in item no. 5208.1, weighing not more than 200g/m2.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $89.08M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $89.08M 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 $89.08 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in electrical energy and fabrics, woven: containing 85% or more by weight of cotton, unbleached, of weaves n.e.c. in item no. 5208.1, weighing not more than 200g/m2 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ghana's trade surplus of $89.08 million strengthens 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 Ghana and Benin represents a total trade volume of $89.08 million in 2023. This partnership demonstrates a favorable trade balance for Ghana, with exports exceeding importsby $89.08 million.
Export Strengths
Ghana's exports to Benin total $89.08 million, with competitive advantages in electrical energy, representing $23.50M or26.4% of bilateral exports.
Import Dependencies
Imports from Benin amount to $0.00, highlighting economic interdependence in fabrics, woven: containing 85% or more by weight of cotton, unbleached, of weaves n.e.c. in item no. 5208.1, weighing not more than 200g/m2, with Fabrics, woven: containing 85% or more by weight of cotton, unbleached, of weaves n.e.c. in item no. 5208.1, weighing not more than 200g/m2 comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Ghana's competitive position in this bilateral relationship. 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 Ghana and Benin in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023