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Pricing

2022
Flag → Flag
Exports $148kRnk 132 / 163
2022
Flag → Flag
Top Product $91.4kPackaged Medicaments
2022
Flag → Flag
Exports $11.5MRnk 38 / 133
2022
Flag → Flag
Top Product $10.9MCoconuts, Brazil Nuts, and Cashews
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC $10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Dominican Republic-Ghana Trade: In 2022, Dominican Republic exported $148k to Ghana. The main products that Dominican Republic exported to Ghana were Packaged Medicaments ($91.4k) and Animal Food ($56.2k). Over the past 5 years the exports of Dominican Republic to Ghana have decreased at an annualized rate of 9.1%, from $238k in 2017 to $148k in 2022.

In 2022, Dominican Republic did not export any services to Ghana.

Ghana-Dominican Republic Trade: In 2022, Ghana exported $11.5M to Dominican Republic. The main products that Ghana exported to Dominican Republic were Coconuts, Brazil Nuts, and Cashews ($10.9M), Rough Wood ($562k), and Sawn Wood ($94.3k). Over the past 5 years the exports of Ghana to Dominican Republic have increased at an annualized rate of 80.7%,  from $598k in 2017 to $11.5M in 2022.

In 2022, Ghana did not export any services to Dominican Republic.

Comparison: In 2022,  Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $148k to Ghana. The main products exported from Dominican Republic to Ghana were Packaged Medicaments ($91.4k) and Animal Food ($56.2k). During the last 5 years the exports of Dominican Republic to Ghana have decreased at an annualized rate of 9.1%, from $238k in 2017 to $148k in 2022.

In 2017, Ghana exported $11.5M to Dominican Republic. The main products exported from Ghana to Dominican Republic were Coconuts, Brazil Nuts, and Cashews ($10.9M), Rough Wood ($562k), and Sawn Wood ($94.3k). During the last 5 years the exports of Ghana to Dominican Republic have increased at an annualized rate of 80.7%, from $598k in 2022 to $11.5M in 2017.

Exports from Dominican Republic (Flag) to Ghana (Flag) (2022)

Exports from Ghana (Flag) to Dominican Republic (Flag) (2022)

Latest Data

Trade between Dominican Republic (Flag) and Ghana (Flag)

Dominican Republic Exports

Ghana Exports

Market Competitiveness

Color
Dominican Republic
Top DestinationUnited States$6.85B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Dominican Republic than Ghana included United States ($6.85B), Haiti ($1.02B), and South Korea ($261M).

In 2022, countries that imported more from Ghana than Dominican Republic included United Arab Emirates ($4.72B), Switzerland ($3.37B), and India ($2.04B).

Difference in imports from Ghana (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - Ghana

Flow
Scale

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

During 2022, Dominican Republic had a large net trade with Ghana in the exports of Chemical Products ($91.4k) and Foodstuffs ($56.2k).

During 2017, Ghana had a large net trade with Dominican Republic in the exports of Vegetable Products ($10.9M), Wood Products ($656k), and Metals ($2.47k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Ghana+$2.56kMedical Instruments
Top Product Potential Ghana Dominican Republic+$5.39kCrude 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 Dominican Republic and Ghana. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Dominican Republic.

Product Space of Dominican Republic (Flag) and Ghana (Flag) (2022)

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