Ghana (GHA) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Ghana-Hong Kong Trade: In 2023, Ghana exported $62.5M to Hong Kong. The main products that Ghana exported to Hong Kong were Gold ($55.8M), Other Hides and Skins ($3.39M), and Dried/Salted/Smoked/Brined Fish ($1.81M). Over the past 5 years the exports of Ghana to Hong Kong have decreased at an annualized rate of 12.3%, from $121M in 2018 to $62.5M in 2023.

In 2023, Ghana did not export any services to Hong Kong.

Hong Kong-Ghana Trade: In 2023, Hong Kong exported $166M to Ghana. The main products that Hong Kong exported to Ghana were Broadcasting Equipment ($82.8M), Refined Petroleum ($23.3M), and Computers ($12.9M). Over the past 5 years the exports of Hong Kong to Ghana have increased at an annualized rate of 17.3%, from $74.7M in 2018 to $166M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ghana exported $62.5M to Hong Kong. The main products exported from Ghana to Hong Kong were Gold ($55.8M), Other Hides and Skins ($3.39M), and Dried/Salted/Smoked/Brined Fish ($1.81M). During the last 5 years the exports of Ghana to Hong Kong have decreased at an annualized rate of 12.3%, from $121M in 2018 to $62.5M in 2023.

In 2018, Hong Kong exported $166M to Ghana. The main products exported from Hong Kong to Ghana were Broadcasting Equipment ($82.8M), Refined Petroleum ($23.3M), and Computers ($12.9M). During the last 5 years the exports of Hong Kong to Ghana have increased at an annualized rate of 17.3%, from $74.7M in 2023 to $166M in 2018.

Exports from Ghana () to Hong Kong () (2023)

Exports from Hong Kong () to Ghana () (2023)

Latest Data

Trade between Ghana () and Hong Kong ()

Ghana Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationSwitzerland$6.49B

Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from Ghana than Hong Kong included South Africa ($1.85B), Switzerland ($6.49B), and Burkina Faso ($574M).

In 2023, countries that imported more from Hong Kong than Ghana included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong () and Ghana () (2023)

Comparative Advantage Ghana - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ghana had a large net trade with Hong Kong in the exports of Precious Metals ($55.8M), Animal Hides ($3.45M), and Animal Products ($2.24M).

During 2018, Hong Kong had a large net trade with Ghana in the exports of Machines ($112M), Mineral Products ($30M), and Metals ($6.88M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Hong Kong+$67.3MGold

Top Product Potential Hong Kong Ghana+$10.6MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Hong Kong () (2023)

Exports from Hong Kong () to Ghana () (2023)

Latest Data

Trade between Ghana () and Hong Kong ()

Ghana Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Ghana () (2023)

Comparative Advantage Ghana - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Hong Kong () (2023)

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