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2022
Flag → Flag
Exports $9Rnk 129 / 129
2022
Flag → Flag
Top Product $6Hard Liquor
2022
Flag → Flag
Exports $932kRnk 77 / 133
2022
Flag → Flag
Top Product $535kCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 74 / 124
2022
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Economic Complexity (ECI) ECI -1.35Rnk 115 / 124
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
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 GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
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GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
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GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Armenia-Ghana In 2022, Armenia exported $9 to Ghana. The main products that Armenia exported to Ghana are Hard Liquor ($6) and Other Fermented Beverages ($3). During the last 19 years the exports of Armenia to Ghana have decreased at an annualized rate of 34.6%, from $28.4k in 2003 to $9 in 2022.

In 2022, Armenia did not export any services to Ghana.

Ghana-Armenia In 2022, Ghana exported $932k to Armenia. The main products that Ghana exported to Armenia were Cocoa Beans ($535k), Cocoa Paste ($198k), and Cocoa Powder ($147k). During the last 19 years the exports of Ghana to Armenia have increased at an annualized rate of 20.2%, from $28.5k in 2003 to $932k in 2022.

In 2022, Ghana did not export any services to Armenia.

Comparison In 2022,  Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B). That same year, Ghana ranked 115 in the Economic Complexity Index (ECI -1.35), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $9 to Ghana. The main products exported from Armenia to Ghana were Hard Liquor ($6) and Other Fermented Beverages ($3). During the last 19 years the exports of Armenia to Ghana have decreased at an annualized rate of 34.6%, from $28.4k in 2003 to $9 in 2022.

In 2022, Ghana exported $932k to Armenia. The main products exported from Ghana to Armenia were Cocoa Beans ($535k), Cocoa Paste ($198k), and Cocoa Powder ($147k). During the last 25 years the exports of Ghana to Armenia have increased at an annualized rate of 20.2%, from $28.5k in 1997 to $932k in 2022.

Exports from Armenia (Flag) to Ghana (Flag) (2022)

Exports from Ghana (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and Ghana (Flag)

Armenia Exports

Ghana Exports

Date

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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 ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2021, countries that imported more from Ghana than Armenia were United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

Difference in imports from Ghana (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Ghana

Flow
Scale

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

During 2022, Armenia had a large net trade with Ghana in the exports of Foodstuffs ($9).

During 2022, Ghana had a large net trade with Armenia in the exports of Foodstuffs ($915k), Vegetable Products ($14.5k), and Wood Products ($1.56k).

Economic Complexity

Competitive Landscape

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.

Product Space of Armenia (Flag) and Ghana (Flag) (2022)

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