Flag Ghana / Switzerland Flag

2019
FlagFlag
Exports
: $4.92B, Rnk 1 / 165

2019
FlagFlag
Top Product
: $4.77B, Gold

2019
FlagFlag
Exports
: $72.2M, Rnk 95 / 215

2019
FlagFlag
Top Product
: $14.8M, Processed Cereals

2019
Flag
Economic Complexity (ECI)
: ECI -1.28, Rnk 133 / 146

2019
Flag
Economic Complexity (ECI)
: ECI 1.96, Rnk 3 / 146

2019
Flag  
GDP
: $67B, CURRENT US$
Rnk 73 / 187

2009-2019
Flag
GDP GROWTH
: 157%, CURRENT US$
Rnk 11 / 187

2019
Flag
 GDP
: $703B, CURRENT US$
Rnk 20 / 187

2009-2019
Flag
GDP GROWTH
: 29.8%, CURRENT US$
Rnk 126 / 187

2019
Flag
GDP PC 
: $2,202, CURRENT US$
Rnk 141 / 187

2009-2019
Flag
GDP PC GROWTH
: 104%, CURRENT US$
Rnk 14 / 187

2019
Flag
GDP PC
: $81,994, CURRENT US$
Rnk 4 / 187

2009-2019
Flag
GDP PC GROWTH
: 17.3%, CURRENT US$
Rnk 123 / 187

Ghana-Switzerland In 2019, Ghana exported $4.92B to Switzerland. The main products that Ghana exported to Switzerland are Gold ($4.77B), Cocoa Beans ($66.3M), and Crude Petroleum ($63.7M). During the last 24 years the exports of Ghana to Switzerland have increased at an annualized rate of 24.3%, from $26.4M in 1995 to $4.92B in 2019.

In 2019, Ghana did not export any services to Switzerland.

Switzerland-Ghana In 2019, Switzerland exported $72.2M to Ghana . The main products that Switzerland exported to Ghana were Processed Cereals ($14.8M), Packaged Medicaments ($12.9M), and Gas Turbines ($10.3M). During the last 24 years the exports of Switzerland to Ghana have increased at an annualized rate of 6.27%, from $16.8M in 1995 to $72.2M in 2019.

In 2019, Switzerland did not export any services to Ghana.

Comparison In 2019,  Ghana ranked 133 in the Economic Complexity Index (ECI -1.28), and 72 in total exports ($21.7B). That same year, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($310B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Ghana exported $4.92B to Switzerland. The main products exported from Ghana to Switzerland were Gold ($4.77B), Cocoa Beans ($66.3M), and Crude Petroleum ($63.7M). During the last 24 years the exports of Ghana to Switzerland have increased at an annualized rate of 24.3%, from $26.4M in 1995 to $4.92B in 2019.

In 2019, Switzerland exported $72.2M to Ghana. The main products exported from Switzerland to Ghana were Processed Cereals ($14.8M), Packaged Medicaments ($12.9M), and Gas Turbines ($10.3M). During the last 24 years the exports of Switzerland to Ghana have increased at an annualized rate of 6.27%, from $16.8M in 1995 to $72.2M in 2019.

Switzerland Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Ghana
Top Destination
: Switzerland, $4.92B

Switzerland
Top Destination
: Germany, $48.1B

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

In 2019, countries that imported more from Ghana than Switzerland were South Africa ($1.72B), Burkina Faso ($327M), and Togo ($161M).

In 2019, countries that imported more from Switzerland than Ghana were Germany ($48.1B), United States ($42.5B), and United Kingdom ($24.4B).

Comparative Advantage Ghana - Switzerland

#permalink to section
Depth

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

During 2019, Ghana had a large net trade with Switzerland in the exports of Precious Metals ($4.77B), Foodstuffs ($73.8M), and Mineral Products ($63.7M).

During 2019, Switzerland had a large net trade with Ghana in the exports of Machines ($23.4M), Chemical Products ($20M), and Vegetable Products ($15.5M).

Tariff Section

#permalink to section

This section shows import tariffs for products traded between Ghana and Switzerland (using the HS6 product classification and the last year reported).

In 2018, the products from Ghana that paid the highest import tariffs to enter Switzerland were Bovine carcasses and half carcasses, fresh or chilled (35%) and Bovine cuts bone in, fresh or chilled (35%).

In 2018, the products from Switzerland that paid the highest import tariffs to enter Ghana were Horses: live, pure-bred breeding animals (0%) and Horses: live, other than pure-bred breeding animals (0%).

*The tariffs present between Ghana and Switzerland are:
136: Most Favoured Nation duty rate treatement

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Ghana has comparative advantage over Switzerland. Similarly, the more red a dot/product is, the more Switzerland has comparative advantage over Ghana.