2022
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GDP
$89BCURRENT US$
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2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
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 GDP
$72.8BCURRENT US$
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2012-2022
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GDP GROWTH
76.5%CURRENT US$
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2022
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GDP PC 
$13,772CURRENT US$
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2012-2022
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GDP PC GROWTH
85.3%CURRENT US$
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2022
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GDP PC
$2,176CURRENT US$
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2012-2022
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GDP PC GROWTH
41.6%CURRENT US$
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About

Bulgaria-Ghana In 2022, Bulgaria exported $8.38M to Ghana. The main products that Bulgaria exported to Ghana are Nitrogenous Fertilizers ($6.47M), Motor vehicles; parts and accessories (8701 to 8705) ($358k), and Other Headwear ($357k). During the last 26 years the exports of Bulgaria to Ghana have increased at an annualized rate of 0.39%, from $7.57M in 1996 to $8.38M in 2022.

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

Ghana-Bulgaria In 2022, Ghana exported $10.3M to Bulgaria. The main products that Ghana exported to Bulgaria were Scrap Copper ($7.44M), Cocoa Paste ($2.52M), and Rubber ($145k). During the last 26 years the exports of Ghana to Bulgaria have increased at an annualized rate of 12.2%, from $511k in 1996 to $10.3M in 2022.

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

Comparison In 2022,  Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B). 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, Bulgaria exported $8.38M to Ghana. The main products exported from Bulgaria to Ghana were Nitrogenous Fertilizers ($6.47M), Motor vehicles; parts and accessories (8701 to 8705) ($358k), and Other Headwear ($357k). During the last 26 years the exports of Bulgaria to Ghana have increased at an annualized rate of 0.39%, from $7.57M in 1996 to $8.38M in 2022.

In 2022, Ghana exported $10.3M to Bulgaria. The main products exported from Ghana to Bulgaria were Scrap Copper ($7.44M), Cocoa Paste ($2.52M), and Rubber ($145k). During the last 26 years the exports of Ghana to Bulgaria have increased at an annualized rate of 12.2%, from $511k in 1996 to $10.3M in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Ghana (Flag)

Bulgaria Exports

Ghana Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Ghana
Top Destination
United Arab Emirates$4.72B

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

In 2021, countries that imported more from Bulgaria than Ghana were Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

In 2021, countries that imported more from Ghana than Bulgaria were United Arab Emirates ($4.72B), Switzerland ($3.37B), and India ($2.04B).

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

Comparative Advantage Bulgaria - Ghana

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Ghana in the exports of Chemical Products ($6.51M), Transportation ($394k), and Footwear and Headwear ($357k).

During 2022, Ghana had a large net trade with Bulgaria in the exports of Metals ($7.44M), Foodstuffs ($2.52M), and Plastics and Rubbers ($269k).

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 Bulgaria has comparative advantage over Ghana. Similarly, the more yellow a dot/product is, the more Ghana has comparative advantage over Bulgaria.

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

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