Ghana, Brazil trade volume hits $763m in 2024 – Brazil Ambassador to Ghana
Trade between Brazil and Ghana reached $763 million in 2024, with a surplus of $90 million to Ghana, the Ambassador of Brazil to Ghana, Mrs Mariana Madeira, has announced.
She said Brazil exported food items such as sugar, animal products and machines, whereas Ghana exported oil, minerals, precious metals and cocoa paste to Brazil.
Mrs Madeira was speaking at the fourth Brazil-Ghana Business Forum in Accra on Wednesday, organised by Brazilian Ministry of Foreign Affairs and the Brazilian Trade and Investment Promotion Agency (ApexBrasil).
The Ambassador explained that Ghana offered investment opportunities in several sectors, including agribusiness, manufacturing, healthcare, textiles, education and construction.
Mrs Madeira also noted that agribusiness shows great potential for Ghana, one that could turn the fortunes of the economy around.
Furthermore, the Brazil Ambassador to Ghana said Ghana’s abundant resources, such as cocoa and tropical fruits, combined with Brazil’s expertise in processing and marketing could pave the way for creation of products for global markets.
In the area of construction, Mrs Madeira indicated that Brazil’s expertise and Ghana’s local workforce and availability of materials could be integrated to address Ghana’s growing demand for housing and urban infrastructure.
She pointed out that Brazil’s knowhow in health and energy could also be a perfect match for Ghana’s needs in line with the developmental goals set by the current government
- BY MALIK SULLEMANA