Ghana-Korea trade hits $380 million amid growing cultural, investment ties
Park Kyongsig, Korean Ambassador to Ghana, said that trade between Ghana and the Republic of Korea reached 380 million US dollars in 2025, an increase over the 2024 figure. He 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 Ghana in Accra.
The Ambassador said the consistent rise in trade volumes reflected strengthening economic relations between the two countries, driven by growing business interest, expanding investment opportunities and deepening cooperation across key sectors. He added that Ghana remained an attractive destination for Korean investors, with about 20 Korean companies currently operating in the country, many of which use Ghana as a strategic base to expand into the West African sub-region. He said, "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."
Ambassador Park expressed optimism that ongoing reforms in Ghana's investment regime would further enhance doing business and attract additional Korean investments in sectors such as manufacturing, construction, technology and services. He explained that beyond economic indicators, people-to-people relations and cultural diplomacy played a critical role in strengthening trade partnerships, and that cultural exchange is very important because it forms the foundation for stronger economic cooperation and future development.
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Ghana and the Republic of Korea have seen increasing trade between them. The consistent rise in trade volumes reflects strengthening economic relations between the two countries - but what is driving this?
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