2023
Flag  
GDP
$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH
21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
 GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC 
$2,260CURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP PC GROWTH
-1.47%CURRENT US$
Rnk 154 / 195
2023
Flag
GDP PC
$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195

About

Ghana-Algeria Trade: In 2023, Ghana exported $5.04M to Algeria. The main products that Ghana exported to Algeria were Cocoa Paste ($4.49M), Cocoa Powder ($536k), and Cars ($14.7k). Over the past 6 years the exports of Ghana to Algeria have decreased at an annualized rate of 1%, from $5.35M in 2017 to $5.04M in 2023.

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

Algeria-Ghana Trade: In 2023, Algeria exported $81.1M to Ghana. The main products that Algeria exported to Ghana were Cement ($40.8M), Refined Petroleum ($28.5M), and Raw Sugar ($2.63M). Over the past 6 years the exports of Algeria to Ghana have increased at an annualized rate of 44.7%,  from $12.8M in 2017 to $81.1M in 2023.

In 2023, Algeria 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, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ghana exported $5.04M to Algeria. The main products exported from Ghana to Algeria were Cocoa Paste ($4.49M), Cocoa Powder ($536k), and Cars ($14.7k). During the last 6 years the exports of Ghana to Algeria have decreased at an annualized rate of 1%, from $5.35M in 2017 to $5.04M in 2023.

In 2018, Algeria exported $81.1M to Ghana. The main products exported from Algeria to Ghana were Cement ($40.8M), Refined Petroleum ($28.5M), and Raw Sugar ($2.63M). During the last 5 years the exports of Algeria to Ghana have increased at an annualized rate of 44.7%, from $12.8M in 2023 to $81.1M in 2018.

Exports from Ghana (Flag) to Algeria (Flag) (2023)

Exports from Algeria (Flag) to Ghana (Flag) (2023)

Latest Data

Trade between Ghana (Flag) and Algeria (Flag)

Ghana Exports

Algeria Exports

Market Competitiveness

Color
Ghana
Top Destination
Switzerland$6.49B
Algeria
Top Destination
Italy$15.2B

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

In 2023, countries that imported more from Ghana than Algeria included Switzerland ($6.49B), United Arab Emirates ($4.93B), and South Africa ($1.85B).

In 2023, countries that imported more from Algeria than Ghana included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

Difference in imports from Algeria (Flag) and Ghana (Flag) (2023)

Comparative Advantage Ghana - Algeria

Flow
Scale

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

During 2023, Ghana had a large net trade with Algeria in the exports of Foodstuffs ($5.02M), Transportation ($14.7k), and Miscellaneous ($650).

During 2018, Algeria had a large net trade with Ghana in the exports of Mineral Products ($71.7M), Paper Goods ($4.53M), and Foodstuffs ($3.27M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Algeria+$4.57kGold
Top Product Potential Algeria Ghana+$6.94kRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Ghana (Flag) and Algeria (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with