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2022
Flag → Flag
Exports $308MRnk 97 / 223
2022
Flag → Flag
Top Product $16.7MCars
2022
Flag → Flag
Exports $354MRnk 9 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 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 $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Germany-Ghana Trade: In 2022, Germany exported $308M to Ghana. The main products that Germany exported to Ghana were Cars ($16.7M), Other Edible Preparations ($16.3M), and Delivery Trucks ($14.6M). Over the past 5 years the exports of Germany to Ghana have decreased at an annualized rate of 1.94%, from $340M in 2017 to $308M in 2022.

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

Ghana-Germany Trade: In 2022, Ghana exported $354M to Germany. The main products that Ghana exported to Germany were N/A. Over the past 5 years the exports of Ghana to Germany have increased at an annualized rate of 10.1%,  from $219M in 2017 to $354M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Latest Trends

June, 2024

About

Overview In June 2024, Germany exported €21.6M and imported €7.2M from Ghana, resulting in a positive trade balance of €14.4M. Between June 2023 and June 2024 the exports of Germany have decreased by €-4.5M (-17.3%) from €26.1M to €21.6M, while imports decreased by €-3.32M (-31.6%) from €10.5M to €7.2M.

Trade In June 2024, the top exports of Germany to Ghana were Wheat (€3.58M), Milk and milk products except butter... (€1.64M), Other food of vegetable origin (€1.23M), Other machinery (€958k), and Pharmaceutical products (€884k). In June 2024 the top imports of Germany from Ghana were Cocoa and cocoa products (€7.26M), Other ores and ashes of metals (€1.8M), Copper and copper alloys, incl. waste,... (€1.45M), Nuts and dried fruits (€1.12M), and Fish and crustaceans, molluscs (€1.09M).

Origins In June 2024 the exports of Germany were mainly from Rhineland-Pfalz (€2.95M), Baden-Württemberg (€2.42M), North Rhine-Westphalia (€2.06M), Bavaria (€1.94M), and Hesse (€1.73M), while imports destinations were mainly Baden-Württemberg (€2.41M), North Rhine-Westphalia (€1.11M), Bavaria (€828k), Hamburg (€816k), and Saarland (€528k).

Growth In June 2024, the decrease in Germany's year-by-year exports to Ghana was explained primarily by an decrease in product exports in Lorries and special purpose motor vehicles (€-6.39M or -96.5%), Machinery for mining, quarrying and construction (€-3.34M or -92.5%), and Motor cars and motor caravans (€-1.29M or -73.3%). In June 2024, the decrease in Germany's year-by-year imports  from Ghana was explained primarily by an decrease in product imports  in Vegetable oils and fats (€-1.29M or -79.8%), Copper and copper alloys, incl. waste,... (€-1.08M or -42.8%), and Sawn timber (€-293k or -29.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€-4.5M(-17.3%)
IMPORT GROWTH (June 2023 - June 2024)€-3.32M(-31.6%)
MAIN EXPORTER (June 2024)Rhineland-Pfalz€2.95M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Ghana and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ghana and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $308M to Ghana. The main products exported from Germany to Ghana were Cars ($16.7M), Other Edible Preparations ($16.3M), and Delivery Trucks ($14.6M). During the last 5 years the exports of Germany to Ghana have decreased at an annualized rate of 1.94%, from $340M in 2017 to $308M in 2022.

In 2017, Ghana exported $354M to Germany. There were not main exports from Ghana to Germany in 2017. During the last 5 years the exports of Ghana to Germany have increased at an annualized rate of 10.1%, from $219M in 2022 to $354M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Germany than Ghana included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Ghana than Germany included Burkina Faso ($285M) and Togo ($111M).

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

Comparative Advantage Germany - Ghana

Flow
Scale

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

During 2022, Germany had a large net trade with Ghana in the exports of Machines ($91.5M), Transportation ($42.7M), and Chemical Products ($36.6M).

During 2017, Ghana had a large net trade with Germany in the exports of Mineral Products ($146M), Foodstuffs ($125M), and Metals ($21.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Ghana+$25.4MCars
Top Product Potential Ghana Germany+$163MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Germany and Ghana. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Germany.

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

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