Ghana (GHA) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Ghana-Czechia Trade: In 2022, Ghana exported $3.2M to Czechia. The main products that Ghana exported to Czechia were Bananas ($1.02M), Rubber ($680k), and Cocoa Powder ($548k). Over the past 5 years the exports of Ghana to Czechia have decreased at an annualized rate of 9.46%, from $5.26M in 2017 to $3.2M in 2022.

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

Czechia-Ghana Trade: In 2022, Czechia exported $22.4M to Ghana. The main products that Czechia exported to Ghana were Iron Structures ($4.12M), Computers ($2.78M), and Other toys ($1.47M). Over the past 5 years the exports of Czechia to Ghana have increased at an annualized rate of 0.55%, from $21.8M in 2017 to $22.4M in 2022.

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

Comparison: In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ghana exported $3.2M to Czechia. The main products exported from Ghana to Czechia were Bananas ($1.02M), Rubber ($680k), and Cocoa Powder ($548k). During the last 5 years the exports of Ghana to Czechia have decreased at an annualized rate of 9.46%, from $5.26M in 2017 to $3.2M in 2022.

In 2017, Czechia exported $22.4M to Ghana. The main products exported from Czechia to Ghana were Iron Structures ($4.12M), Computers ($2.78M), and Other toys ($1.47M). During the last 5 years the exports of Czechia to Ghana have increased at an annualized rate of 0.55%, from $21.8M in 2022 to $22.4M in 2017.

Exports from Ghana () to Czechia () (2022)

Exports from Czechia () to Ghana () (2022)

Latest Data

Trade between Ghana () and Czechia ()

Ghana Exports

Date

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Ghana than Czechia included United Arab Emirates ($4.72B), India ($2.04B), and Burkina Faso ($285M).

In 2022, countries that imported more from Czechia than Ghana included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

Difference in imports from Czechia () and Ghana () (2022)

Comparative Advantage Ghana - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Czechia in the exports of Vegetable Products ($1.28M), Foodstuffs ($873k), and Plastics and Rubbers ($682k).

During 2017, Czechia had a large net trade with Ghana in the exports of Machines ($6.62M), Metals ($5.89M), and Miscellaneous ($2.77M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Czechia+$833kRubber

Top Product Potential Czechia Ghana+$3.11MComputers

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 Czechia. This means that a dot/product with the flag of Ghana indicates it has a comparative advantage over Czechia. Similarly, a dot/product with the flag of Czechia indicates it has a comparative advantage over Ghana.

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Czechia () (2022)

Exports from Czechia () to Ghana () (2022)

Latest Data

Trade between Ghana () and Czechia ()

Ghana Exports

Czechia Exports

Market Competitiveness

Difference in imports from Czechia () and Ghana () (2022)

Comparative Advantage Ghana - Czechia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Czechia () (2022)

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