2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC 
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Ghana-Indonesia Trade: In 2022, Ghana exported $12.8M to Indonesia. The main products that Ghana exported to Indonesia were Cocoa Paste ($6.46M), Cocoa Beans ($5.5M), and Rubber ($1.14M). Over the past 5 years the exports of Ghana to Indonesia have increased at an annualized rate of 37.4%, from $2.6M in 2017 to $12.8M in 2022.

In 2022, Ghana did not export any services to Indonesia.

Indonesia-Ghana Trade: In 2022, Indonesia exported $117M to Ghana. The main products that Indonesia exported to Ghana were Palm Oil ($36.4M), Soap ($23.2M), and Margarine ($18.9M). Over the past 5 years the exports of Indonesia to Ghana have increased at an annualized rate of 50.9%,  from $15M in 2017 to $117M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $12.8M to Indonesia. The main products exported from Ghana to Indonesia were Cocoa Paste ($6.46M), Cocoa Beans ($5.5M), and Rubber ($1.14M). During the last 5 years the exports of Ghana to Indonesia have increased at an annualized rate of 37.4%, from $2.6M in 2017 to $12.8M in 2022.

In 2017, Indonesia exported $117M to Ghana. The main products exported from Indonesia to Ghana were Palm Oil ($36.4M), Soap ($23.2M), and Margarine ($18.9M). During the last 22 years the exports of Indonesia to Ghana have increased at an annualized rate of 50.9%, from $15M in 1995 to $117M in 2017.

Exports from Ghana (Flag) to Indonesia (Flag) (2022)

Exports from Indonesia (Flag) to Ghana (Flag) (2022)

Latest Data

Trade between Ghana (Flag) and Indonesia (Flag)

Ghana Exports

Indonesia Exports

Market Competitiveness

Color
Ghana
Top Destination
United Arab Emirates$4.72B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Ghana than Indonesia included United Arab Emirates ($4.72B), Switzerland ($3.37B), and Burkina Faso ($285M).

In 2022, countries that imported more from Indonesia than Ghana included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

Difference in imports from Indonesia (Flag) and Ghana (Flag) (2022)

Comparative Advantage Ghana - Indonesia

Flow
Scale

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

During 2022, Ghana had a large net trade with Indonesia in the exports of Foodstuffs ($12M), Plastics and Rubbers ($1.14M), and Metals ($1.03M).

During 2017, Indonesia had a large net trade with Ghana in the exports of Animal and Vegetable Bi-Products ($56.4M), Chemical Products ($47.7M), and Paper Goods ($26.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Indonesia+$6.54MCocoa Beans
Top Product Potential Indonesia Ghana+$12.1MPalm Oil

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

Product Space of Ghana (Flag) and Indonesia (Flag) (2022)

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