Rising Investor Interest Drives Ghana–Korea Trade to $380m in 2025
Trade between Ghana and Republic of Korea rose to $380 million in 2025, marking an increase over the 2024 figure, the Korean Ambassador to Ghana, Park Kyongsig, has disclosed.
According to him, the steady growth in trade volumes reflects strengthening economic ties between the two countries, underpinned by rising business interest, expanding investment opportunities and deepening cooperation across key sectors.
He noted that the continued upward trend also highlights growing bilateral engagement, supported by increased cultural exchange, stronger business linkages and rising investor confidence in Ghana’s economic landscape.
Ambassador Park made the remarks in an interview with the Ghana News Agency on the sidelines of a Korean cuisine cooking class organised by the Embassy of the Republic of Korea in Accra.
Over the years, Ghana–Korea relations have deepened, with greater emphasis on industrialisation, technology transfer and infrastructure development. Korea has also extended support to Ghana through capacity building, technical assistance and knowledge sharing, particularly in line with the country’s industrial transformation agenda.
Korean firms operating in Ghana’s construction, electronics and manufacturing sectors have played a notable role in job creation and skills development. Bilateral trade has continued to expand gradually, supported by favourable policies and sustained investor interest, while both countries explore new areas of collaboration, including digital innovation and green technology.
The Ambassador further indicated that Ghana remains an attractive destination for Korean investors, with about 20 Korean companies currently operating in the country, many of which use Ghana as a strategic hub for expansion into the West African sub-region.
“Trade between our two countries is increasing year by year, and we are seeing more interest from Korean businesses looking to establish operations in Ghana,” he stated.
Ambassador Park expressed optimism that ongoing reforms in Ghana’s investment regime would improve the business environment and attract additional Korean investments across manufacturing, construction, technology and services.
He added that beyond economic fundamentals, people-to-people relations and cultural diplomacy remain critical in strengthening trade partnerships. Growing interest in Korean culture—including food, music and film—has helped deepen ties between the two countries, creating a conducive environment for increased trade and investment.
“Cultural exchange is very important because it forms the foundation for stronger economic cooperation and future development,” he added.
