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2023
Flag → Flag
Exports $506MRnk 63 / 223
2023
Flag → Flag
Top Product $125MRefined Petroleum
2023
Flag → Flag
Exports $347MRnk 13 / 172
2023
Flag → Flag
Top Product $174MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
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Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
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GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
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 GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
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GDP GROWTH21.6%CURRENT US$
Rnk 135 / 195
2023
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GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
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GDP PC$2,260CURRENT US$
Rnk 152 / 196
2013-2023
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GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195

About

United Kingdom-Ghana Trade: In 2023, United Kingdom exported $506M to Ghana. The main products that United Kingdom exported to Ghana were Refined Petroleum ($125M), Used Clothing ($45.5M), and Poultry Meat ($20.7M). Over the past 5 years the exports of United Kingdom to Ghana have decreased at an annualized rate of 2.92%, from $587M in 2018 to $506M in 2023.

In 2023, United Kingdom did not export any services to Ghana.

Ghana-United Kingdom Trade: In 2023, Ghana exported $347M to United Kingdom. The main products that Ghana exported to United Kingdom were Crude Petroleum ($174M), Processed Fish ($49.1M), and Tropical Fruits ($41.4M). Over the past 5 years the exports of Ghana to United Kingdom have decreased at an annualized rate of 7.36%,  from $508M in 2018 to $347M in 2023.

In 2023, Ghana did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £41.2M and imported £13.7M from Ghana, resulting in a positive trade balance of £27.5M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £2.65M (6.88%) from £38.5M to £41.2M, while imports increased by £3.85M (39.1%) from £9.86M to £13.7M.

Trade In November 2024, the top exports of United Kingdom to Ghana were Used Clothing (£3.9M), Poultry Meat (£1.1M), Plastic Housewares (£652k), Valves (£632k), and Seats (£548k). In November 2024 the top imports of United Kingdom from Ghana were Crude Petroleum (£68.8M), Processed Fish (£3.2M), Tropical Fruits (£2.69M), Cocoa Paste (£1.23M), and Bananas (£1.18M).

Origins In November 2024 the exports of United Kingdom were mainly from London Gateway (£19.1M), Aberdeen (£5.07M), Southampton (£4.88M), London (£3.19M), and London Heathrow Airport (£1.8M), while imports destinations were mainly Felixstowe (£4.69M), London (£2.9M), Portsmouth (£2.48M), and London Heathrow Airport (£1.59M).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Ghana was explained primarily by an increase in product exports in Valves (£504k or 392%), Poultry Meat (£453k or 70%), and Seats (£434k or 382%). In November 2024, the increase in United Kingdom's year-by-year imports  from Ghana was explained primarily by an increase in product imports  in Tropical Fruits (£1.46M or 119%), Processed Fish (£714k or 28.8%), and Cocoa Butter (£305k or 93.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£2.65M(6.88%)
IMPORT GROWTH (November 2023 - November 2024)£3.85M(39.1%)
MAIN EXPORTER (November 2024)London Gateway£19.1M

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

To check Ghana and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ghana and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $506M to Ghana. The main products exported from United Kingdom to Ghana were Refined Petroleum ($125M), Used Clothing ($45.5M), and Poultry Meat ($20.7M). During the last 5 years the exports of United Kingdom to Ghana have decreased at an annualized rate of 2.92%, from $587M in 2018 to $506M in 2023.

In 2018, Ghana exported $347M to United Kingdom. The main products exported from Ghana to United Kingdom were Crude Petroleum ($174M), Processed Fish ($49.1M), and Tropical Fruits ($41.4M). During the last 5 years the exports of Ghana to United Kingdom have decreased at an annualized rate of 7.36%, from $508M in 2023 to $347M in 2018.

Exports from United Kingdom (Flag) to Ghana (Flag) (2023)

Exports from Ghana (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from United Kingdom than Ghana included United States ($59.7B), Germany ($34.6B), and China ($35.3B).

In 2023, countries that imported more from Ghana than United Kingdom included Burkina Faso ($574M), Mali ($165M), and South Africa ($1.85B).

Difference in imports from Ghana (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Ghana

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Ghana in the exports of Mineral Products ($131M), Machines ($111M), and Textiles ($48.6M).

During 2018, Ghana had a large net trade with United Kingdom in the exports of Mineral Products ($174M), Foodstuffs ($93.4M), and Vegetable Products ($65.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Ghana+$30.6MRefined Petroleum
Top Product Potential Ghana United Kingdom+$178MCrude 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 United Kingdom and Ghana. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Ghana (Flag) (2023)

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