Ghana-Brazil Bilateral Trade Analysis 2023
Complete trade statistics: $748.62M total volume •Ghana surplus: $79.00M
Ghana → Brazil
$413.81M
Exports (2023)
Brazil → Ghana
$334.81M
Imports (2023)
Trade Balance
$79.00M
Surplus for Ghana
Total Trade
$748.62M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ghana and Brazil. 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-Brazil commercial relationship and competitive positioning in global markets.
Ghana → Brazil Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ghana's export portfolio to Brazil demonstrates strategic specialization, with oils: petroleum oils and oils obtained from bituminous minerals, crude representing a key competitive advantage in this bilateral market.
Brazil → Ghana Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ghana's import pattern from Brazil reveals strategic sourcingin sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ghana demonstrates competitive strength in exportingoils: petroleum oils and oils obtained from bituminous minerals, crude to Brazil, 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: Ghana-Brazil Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $748.62 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Ghana maintains a surplus of $79.00 million
- Export Focus: Ghana's primary exports 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
- Import Dependencies: Key imports from Brazil 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
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 Ghana leveraging its comparative advantages in oils: petroleum oils and oils obtained from bituminous minerals, crude.
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 oils: petroleum oils and oils obtained from bituminous minerals, crudecomplements Brazil's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter.
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 oils: petroleum oils and oils obtained from bituminous minerals, crude and sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ghana's trade surplus of $79.00 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 Brazil represents a total trade volume of $748.62 million in 2023. This partnership demonstrates a favorable trade balance for Ghana, with exports exceeding importsby $79.00 million.
Export Strengths
Ghana's exports to Brazil total $413.81 million, with competitive advantages in oils: petroleum oils and oils obtained from bituminous minerals, crude, representing $375.68M or90.8% of bilateral exports.
Import Dependencies
Imports from Brazil amount to $334.81 million, highlighting economic interdependence in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, with Sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter comprising31.8% 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 Brazil in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023