2023
Flag  
GDP
$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH
21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 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
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Ghana-Ethiopia Trade: In 2023, Ghana exported $660k to Ethiopia. The main products that Ghana exported to Ethiopia were Other live plants, cuttings and slips; mushroom spawn ($261k), Perfumes ($173k), and Other Furniture ($64.4k). Over the past 5 years the exports of Ghana to Ethiopia have increased at an annualized rate of 19.3%, from $273k in 2018 to $660k in 2023.

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

Ethiopia-Ghana In N/A, Ethiopia did not export any products to Ghana.

In 2023, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ghana exported $660k to Ethiopia. The main products exported from Ghana to Ethiopia were Other live plants, cuttings and slips; mushroom spawn ($261k), Perfumes ($173k), and Other Furniture ($64.4k). During the last 5 years the exports of Ghana to Ethiopia have increased at an annualized rate of 19.3%, from $273k in 2018 to $660k in 2023.

Ethiopia does not register exports to Ghana. The main products exported from Ethiopia to Ghana were Poultry ($637k), Tanned Equine and Bovine Hides ($80.7k), and Sowing Seeds ($52.6k).

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

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

Latest Data

Trade between Ghana (Flag) and Ethiopia (Flag)

Ghana Exports

Ethiopia Exports

Market Competitiveness

Color
Ghana
Top Destination
Switzerland$6.49B
Ethiopia
Top Destination
United States$487M

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

In 2023, countries that imported more from Ghana than Ethiopia included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

In 2023, countries that imported more from Ethiopia than Ghana included Saudi Arabia ($304M), Djibouti ($155M), and Somalia ($142M).

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

Comparative Advantage Ghana - Ethiopia

Flow
Scale

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

During 2023, Ghana had a large net trade with Ethiopia in the exports of Vegetable Products ($261k), Chemical Products ($226k), and Machines ($73.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Ethiopia+$20.9kRubber Tires
Top Product Potential Ethiopia Ghana+$198kTelephones

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

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

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