Trade between Ghana and South Korea rose to $380 million in 2025, reflecting deeper investment, cultural links, and expanding sector cooperation.
Trade between Ghana and the Republic of Korea is climbing fast, reaching 380 million US dollars in 2025 and signaling a wider shift toward stronger economic and cultural ties.
Korean Ambassador to Ghana Park Kyongsig said the figure marks an increase over 2024, pointing to a steady rise in bilateral trade volumes. He linked the momentum to growing business interest, more investment opportunities, and broader cooperation across key sectors.
In this context, the headline number matters less than the direction it suggests: when trade grows alongside investment interest, it often indicates companies are looking beyond short-term deals.
The ambassador said the upward trajectory is also tied to people-to-people engagement, including expanding cultural exchange that makes partnerships easier to sustain. He highlighted business activity and what he described as increasing investor confidence in Ghana’s economic environment.
He made the remarks during an interview with Misryoum’s outlet on the sidelines of a Korean cuisine cooking class organized by the Korean Embassy in Accra. The event underscored the role of cultural diplomacy in building familiarity and goodwill around business relationships.
That kind of soft engagement can translate into hard outcomes, because stronger social ties reduce friction when firms eventually decide where to invest or expand.
Beyond trade, relations between the two countries have increasingly focused on industrialisation, technology transfer, and infrastructure development, with Misryoum noting Korea’s support in areas such as capacity building, technical assistance, and knowledge sharing.. The ambassador said these efforts align with Ghana’s broader industrial transformation agenda.
Korean firms operating in construction, electronics, and manufacturing were also cited as contributors to employment and skills development. Meanwhile, both governments continued exploring additional cooperation routes, including digital innovation and green technology.
Ambassador Park added that Ghana remains attractive to Korean investors, with about 20 Korean companies currently operating in the country and using Ghana as a strategic base for expansion across the West African sub-region.. He expressed optimism that ongoing reforms in Ghana’s investment framework would further improve the environment for doing business and draw more investment in manufacturing, construction, technology, and services.
At the end of his remarks, the ambassador emphasized that cultural exchange is more than symbolism, arguing it forms a foundation for stronger economic cooperation and future development.. Misryoum said the blend of investment and cultural ties may be what keeps this trade growth moving year after year.