Ghana (GHA) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Ghana-Germany Trade: In 2023, Ghana exported $208M to Germany. The main products that Ghana exported to Germany were Cocoa Beans ($45.3M), Cocoa Butter ($22.4M), and Processed Fish ($19.8M). Over the past 5 years the exports of Ghana to Germany have decreased at an annualized rate of 13.4%, from $426M in 2018 to $208M in 2023.

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

Germany-Ghana Trade: In 2023, Germany exported $289M to Ghana. The main products that Germany exported to Ghana were Other Edible Preparations ($17.9M), Cars ($13.6M), and Processed Cereals ($10.6M). Over the past 5 years the exports of Germany to Ghana have decreased at an annualized rate of 1.99%, from $319M in 2018 to $289M in 2023.

In 2023, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ghana exported $208M to Germany. The main products exported from Ghana to Germany were Cocoa Beans ($45.3M), Cocoa Butter ($22.4M), and Processed Fish ($19.8M). During the last 5 years the exports of Ghana to Germany have decreased at an annualized rate of 13.4%, from $426M in 2018 to $208M in 2023.

In 2018, Germany exported $289M to Ghana. The main products exported from Germany to Ghana were Other Edible Preparations ($17.9M), Cars ($13.6M), and Processed Cereals ($10.6M). During the last 5 years the exports of Germany to Ghana have decreased at an annualized rate of 1.99%, from $319M in 2023 to $289M in 2018.

Exports from Ghana () to Germany () (2023)

Exports from Germany () to Ghana () (2023)

Latest Data

Trade between Ghana () and Germany ()

Ghana Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationSwitzerland$6.49B

Germany
Top DestinationUnited States$157B

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

In 2023, countries that imported more from Ghana than Germany included Burkina Faso ($574M), Togo ($261M), and Uganda ($237M).

In 2023, countries that imported more from Germany than Ghana included United States ($157B), France ($118B), and Netherlands ($108B).

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

Comparative Advantage Ghana - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ghana had a large net trade with Germany in the exports of Foodstuffs ($110M), Vegetable Products ($38.5M), and Metals ($19.2M).

During 2018, Germany had a large net trade with Ghana in the exports of Machines ($72.8M), Chemical Products ($40.5M), and Foodstuffs ($39.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Germany+$163MCrude Petroleum

Top Product Potential Germany Ghana+$25.4MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Germany () (2023)

Exports from Germany () to Ghana () (2023)

Latest Data

Trade between Ghana () and Germany ()

Ghana Exports

Germany Exports

Market Competitiveness

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

Comparative Advantage Ghana - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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