Armenia (ARM) and Ghana (GHA) Trade | OEC - The Observatory of Economic Complexity

About

Armenia-Ghana In 2021, Armenia exported $17.6k to Ghana. The main products that Armenia exported to Ghana are Other Processed Fruits and Nuts ($17.6k). During the last 18 years the exports of Armenia to Ghana have decreased at an annualized rate of 2.62%, from $28.4k in 2003 to $17.6k in 2021.

In 2021, Armenia did not export any services to Ghana.

Ghana-Armenia In 2021, Ghana exported $432k to Armenia. The main products that Ghana exported to Armenia were Cocoa Beans ($411k), Cocoa Powder ($11.9k), and Cocoa Butter ($3.05k). During the last 18 years the exports of Ghana to Armenia have increased at an annualized rate of 16.3%, from $28.5k in 2003 to $432k in 2021.

In 2021, Ghana did not export any services to Armenia.

Comparison In 2021, Armenia ranked 71 in the Economic Complexity Index (ECI -0.19), and 133 in total exports ($3.36B). That same year, Ghana ranked 118 in the Economic Complexity Index (ECI -1.27), and 84 in total exports ($14.1B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Armenia exported $17.6k to Ghana. The main products exported from Armenia to Ghana were Other Processed Fruits and Nuts ($17.6k). During the last 18 years the exports of Armenia to Ghana have decreased at an annualized rate of 2.62%, from $28.4k in 2003 to $17.6k in 2021.

In 2021, Ghana exported $432k to Armenia. The main products exported from Ghana to Armenia were Cocoa Beans ($411k), Cocoa Powder ($11.9k), and Cocoa Butter ($3.05k). During the last 24 years the exports of Ghana to Armenia have increased at an annualized rate of 16.3%, from $28.5k in 1997 to $432k in 2021.

Latest Data

Armenia Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

SectionYear

Armenia
Top Destination: Russia, $789M

Ghana
Top Destination: Switzerland, $2.44B

This map shows whether countries import more from Armenia or Ghana. Each country is colored based on the difference in imports they receive from Armenia and Ghana or the difference in the growth in imports.

In 2021, countries that imported more from Armenia than Ghana were Russia ($789M), Bulgaria ($199M), and Iraq ($177M).

In 2021, countries that imported more from Ghana than Armenia were Switzerland ($2.44B), United Arab Emirates ($1.73B), and United States ($1.56B).

Comparative Advantage Armenia - Ghana

Flow

Scale

Year

This chart compares trade between Armenia and Ghana by product, considering products traded by both, Armenia and Ghana.

During 2021, Armenia had a large net trade with Ghana in the exports of Foodstuffs ($17.6k).

During 2021, Ghana had a large net trade with Armenia in the exports of Foodstuffs ($426k), Chemical Products ($2.97k), and Animal and Vegetable Bi-Products ($2.33k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Armenia has comparative advantage over Ghana. Similarly, the more yellow a dot/product is, the more Ghana has comparative advantage over Armenia.

About

Historical Data

Bilateral Trade by Products

Latest Data

Armenia Exports

Ghana Exports

Market Competitiveness

Comparative Advantage Armenia - Ghana

Economic Complexity

Competitive Landscape

Related Profiles