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Pricing

2022
Flag → Flag
Exports $11.5MRnk 38 / 133
2022
Flag → Flag
Top Product $10.9MCoconuts, Brazil Nuts, and Cashews
2022
Flag → Flag
Exports $148kRnk 132 / 163
2022
Flag → Flag
Top Product $91.4kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Ghana-Dominican Republic Trade: In 2022, Ghana exported $11.5M to Dominican Republic. The main products that Ghana exported to Dominican Republic were Coconuts, Brazil Nuts, and Cashews ($10.9M), Rough Wood ($562k), and Sawn Wood ($94.3k). Over the past 5 years the exports of Ghana to Dominican Republic have increased at an annualized rate of 80.7%, from $598k in 2017 to $11.5M in 2022.

In 2022, Ghana did not export any services to Dominican Republic.

Dominican Republic-Ghana Trade: In 2022, Dominican Republic exported $148k to Ghana. The main products that Dominican Republic exported to Ghana were Packaged Medicaments ($91.4k) and Animal Food ($56.2k). Over the past 5 years the exports of Dominican Republic to Ghana have decreased at an annualized rate of 7.65%,  from $238k in 2017 to $148k in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $11.5M to Dominican Republic. The main products exported from Ghana to Dominican Republic were Coconuts, Brazil Nuts, and Cashews ($10.9M), Rough Wood ($562k), and Sawn Wood ($94.3k). During the last 5 years the exports of Ghana to Dominican Republic have increased at an annualized rate of 80.7%, from $598k in 2017 to $11.5M in 2022.

In 2017, Dominican Republic exported $148k to Ghana. The main products exported from Dominican Republic to Ghana were Packaged Medicaments ($91.4k) and Animal Food ($56.2k). During the last 5 years the exports of Dominican Republic to Ghana have decreased at an annualized rate of 7.65%, from $238k in 2022 to $148k in 2017.

Exports from Ghana (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Ghana (Flag) (2022)

Latest Data

Trade between Ghana (Flag) and Dominican Republic (Flag)

Ghana Exports

Dominican Republic Exports

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Ghana than Dominican Republic included United Arab Emirates ($4.72B), Switzerland ($3.37B), and India ($2.04B).

In 2022, countries that imported more from Dominican Republic than Ghana included United States ($6.85B), Haiti ($1.02B), and South Korea ($261M).

Difference in imports from Dominican Republic (Flag) and Ghana (Flag) (2022)

Comparative Advantage Ghana - Dominican Republic

Flow
Scale

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

During 2022, Ghana had a large net trade with Dominican Republic in the exports of Vegetable Products ($10.9M), Wood Products ($656k), and Metals ($2.47k).

During 2017, Dominican Republic had a large net trade with Ghana in the exports of Chemical Products ($91.4k) and Foodstuffs ($56.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Dominican Republic+$5.39kCrude Petroleum
Top Product Potential Dominican Republic Ghana+$2.56kMedical Instruments

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

Product Space of Ghana (Flag) and Dominican Republic (Flag) (2022)

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