Ghana (GHA) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Ghana-Switzerland Trade: In 2023, Ghana exported $6.49B to Switzerland. The main products that Ghana exported to Switzerland were Gold ($6.41B), Cocoa Beans ($70M), and Tropical Fruits ($5.68M). Over the past 5 years the exports of Ghana to Switzerland have increased at an annualized rate of 14.3%, from $3.33B in 2018 to $6.49B in 2023.

In 2023, Ghana did not export any services to Switzerland.

Switzerland-Ghana Trade: In 2023, Switzerland exported $249M to Ghana. The main products that Switzerland exported to Ghana were Refined Petroleum ($95.1M), Petroleum Gas ($67.7M), and Mixed Mineral or Chemical Fertilizers ($23.1M). Over the past 5 years the exports of Switzerland to Ghana have increased at an annualized rate of 14.7%, from $63.1M in 2018 to $249M in 2023.

In 2023, Switzerland did not export any services to Ghana.

Comparison: In 2023, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B). That same year, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ghana exported $6.49B to Switzerland. The main products exported from Ghana to Switzerland were Gold ($6.41B), Cocoa Beans ($70M), and Tropical Fruits ($5.68M). During the last 5 years the exports of Ghana to Switzerland have increased at an annualized rate of 14.3%, from $3.33B in 2018 to $6.49B in 2023.

In 2018, Switzerland exported $249M to Ghana. The main products exported from Switzerland to Ghana were Refined Petroleum ($95.1M), Petroleum Gas ($67.7M), and Mixed Mineral or Chemical Fertilizers ($23.1M). During the last 5 years the exports of Switzerland to Ghana have increased at an annualized rate of 14.7%, from $63.1M in 2023 to $249M in 2018.

Exports from Ghana () to Switzerland () (2023)

Exports from Switzerland () to Ghana () (2023)

Latest Data

Trade between Ghana () and Switzerland ()

Ghana Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationSwitzerland$6.49B

Switzerland
Top DestinationGermany$53.8B

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 2023, countries that imported more from Ghana than Switzerland included South Africa ($1.85B), Burkina Faso ($574M), and Togo ($261M).

In 2023, countries that imported more from Switzerland than Ghana included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

Difference in imports from Switzerland () and Ghana () (2023)

Comparative Advantage Ghana - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ghana had a large net trade with Switzerland in the exports of Precious Metals ($6.41B), Foodstuffs ($77.3M), and Vegetable Products ($7.23M).

During 2018, Switzerland had a large net trade with Ghana in the exports of Mineral Products ($165M), Chemical Products ($51.6M), and Machines ($17.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Switzerland+$1.97MTropical Fruits

Top Product Potential Switzerland Ghana+$9.46MPackaged Medicaments

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Switzerland () (2023)

Exports from Switzerland () to Ghana () (2023)

Latest Data

Trade between Ghana () and Switzerland ()

Ghana Exports

Switzerland Exports

Market Competitiveness

Difference in imports from Switzerland () and Ghana () (2023)

Comparative Advantage Ghana - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Switzerland () (2023)

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