Ghana-Viet Nam Bilateral Trade Analysis 2023
Complete trade statistics: $278.62M total volume •Ghana deficit: $278.62M
Ghana → Viet Nam
$0
Exports (2023)
Viet Nam → Ghana
$278.62M
Imports (2023)
Trade Balance
$278.62M
Deficit for Ghana
Total Trade
$278.62M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ghana and Viet Nam. 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-Viet Nam commercial relationship and competitive positioning in global markets.
Ghana → Viet Nam Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ghana's export portfolio to Viet Nam demonstrates strategic specialization, with nuts, edible: cashew nuts, fresh or dried, in shell representing a key competitive advantage in this bilateral market.
Viet Nam → Ghana Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ghana's import pattern from Viet Nam reveals significant dependencyin cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ghana demonstrates competitive strength in exportingnuts, edible: cashew nuts, fresh or dried, in shell to Viet Nam, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $278.62M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Ghana-Viet Nam Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $278.62 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Ghana maintains a deficit of $278.62 million
- Export Focus: Ghana's primary exports include nuts, edible: cashew nuts, fresh or dried, in shell, rubber: technically specified natural rubber (tsnr), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets), wood: in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, n.e.c. in heading no. 4403
- Import Dependencies: Key imports from Viet Nam include cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, cereals: rice, broken, oral or dental hygiene preparations: dentifrices
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 $278.62M 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 nuts, edible: cashew nuts, fresh or dried, in shell.
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 nuts, edible: cashew nuts, fresh or dried, in shellcomplements Viet Nam's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $278.62M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $278.62M 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 $278.62 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in nuts, edible: cashew nuts, fresh or dried, in shell and cereals: rice, semi-milled or wholly milled, whether or not polished or glazed demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ghana's trade deficit of $278.62 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 Viet Nam represents a total trade volume of $278.62 million in 2023. This partnership demonstrates an unfavorable trade balance for Ghana, with imports exceeding exportsby $278.62 million.
Export Strengths
Ghana's exports to Viet Nam total $0.00, with competitive advantages in nuts, edible: cashew nuts, fresh or dried, in shell, representing $85.92M orInfinity% of bilateral exports.
Import Dependencies
Imports from Viet Nam amount to $278.62 million, highlighting economic interdependence in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, with Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed comprising58.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Ghana's strategic sourcing from Viet Nam. 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 Viet Nam in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023