Ghana-Guinea-Bissau Bilateral Trade Analysis 2023
Complete trade statistics: $4.73M total volume •Ghana deficit: $4.73M
Ghana → Guinea-Bissau
$0
Exports (2023)
Guinea-Bissau → Ghana
$4.73M
Imports (2023)
Trade Balance
$4.73M
Deficit for Ghana
Total Trade
$4.73M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ghana and Guinea-Bissau. 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-Guinea-Bissau commercial relationship and competitive positioning in global markets.
Ghana → Guinea-Bissau Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ghana's export portfolio to Guinea-Bissau demonstrates strategic specialization, with sauces and preparations therefor: mixed condiments and mixed seasonings representing a key competitive advantage in this bilateral market.
Guinea-Bissau → Ghana Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ghana's import pattern from Guinea-Bissau reveals significant dependencyin fish: frozen, sardines (sardina pilchardus, sardinops spp.), sardinella (sardinella spp.), brisling or sprats (sprattus sprattus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ghana demonstrates competitive strength in exportingsauces and preparations therefor: mixed condiments and mixed seasonings to Guinea-Bissau, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $4.73M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Ghana-Guinea-Bissau Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $4.73 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Ghana maintains a deficit of $4.73 million
- Export Focus: Ghana's primary exports include sauces and preparations therefor: mixed condiments and mixed seasonings, plastics: household articles and hygienic or toilet articles, buildings: prefabricated, not of wood
- Import Dependencies: Key imports from Guinea-Bissau include fish: frozen, sardines (sardina pilchardus, sardinops spp.), sardinella (sardinella spp.), brisling or sprats (sprattus sprattus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99, fish: frozen, jack and horse mackerel (trachurus spp.), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99, fish: frozen, mackerel (scomber scombrus, scomber australasicus, scomber japonicus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
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 $4.73M 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 sauces and preparations therefor: mixed condiments and mixed seasonings.
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 sauces and preparations therefor: mixed condiments and mixed seasoningscomplements Guinea-Bissau's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in fish: frozen, sardines (sardina pilchardus, sardinops spp.), sardinella (sardinella spp.), brisling or sprats (sprattus sprattus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $4.73M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $4.73M 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 $4.73 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in sauces and preparations therefor: mixed condiments and mixed seasonings and fish: frozen, sardines (sardina pilchardus, sardinops spp.), sardinella (sardinella spp.), brisling or sprats (sprattus sprattus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ghana's trade deficit of $4.73 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 Ghana and Guinea-Bissau represents a total trade volume of $4.73 million in 2023. This partnership demonstrates an unfavorable trade balance for Ghana, with imports exceeding exportsby $4.73 million.
Export Strengths
Ghana's exports to Guinea-Bissau total $0.00, with competitive advantages in sauces and preparations therefor: mixed condiments and mixed seasonings, representing $84,176 orInfinity% of bilateral exports.
Import Dependencies
Imports from Guinea-Bissau amount to $4.73 million, highlighting economic interdependence in fish: frozen, sardines (sardina pilchardus, sardinops spp.), sardinella (sardinella spp.), brisling or sprats (sprattus sprattus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99, with Fish: frozen, sardines (Sardina pilchardus, Sardinops spp.), sardinella (Sardinella spp.), brisling or sprats (Sprattus sprattus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 comprising35.7% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Ghana's strategic sourcing from Guinea-Bissau. 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 Guinea-Bissau in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023