2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Ghana-India Trade: In 2022, Ghana exported $4.68B to India. The main products that Ghana exported to India were Gold ($1.53B), Coconuts, Brazil Nuts, and Cashews ($294M), and Rough Wood ($78.6M). Over the past 5 years the exports of Ghana to India have increased at an annualized rate of 184%, from $25.2M in 2017 to $4.68B in 2022.

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

India-Ghana Trade: In 2022, India exported $681M to Ghana. The main products that India exported to Ghana were Packaged Medicaments ($126M), Refined Petroleum ($58.7M), and Large Construction Vehicles ($55.2M). Over the past 5 years the exports of India to Ghana have increased at an annualized rate of 90.2%,  from $27.3M in 2017 to $681M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $4.68B to India. The main products exported from Ghana to India were Gold ($1.53B), Coconuts, Brazil Nuts, and Cashews ($294M), and Rough Wood ($78.6M). During the last 5 years the exports of Ghana to India have increased at an annualized rate of 184%, from $25.2M in 2017 to $4.68B in 2022.

In 2017, India exported $681M to Ghana. The main products exported from India to Ghana were Packaged Medicaments ($126M), Refined Petroleum ($58.7M), and Large Construction Vehicles ($55.2M). During the last 22 years the exports of India to Ghana have increased at an annualized rate of 90.2%, from $27.3M in 1995 to $681M in 2017.

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

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

Latest Data

Trade between Ghana (Flag) and India (Flag)

Ghana Exports

India Exports

Market Competitiveness

Color
Ghana
Top Destination
United Arab Emirates$4.72B
India
Top Destination
United States$82.9B

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

In 2022, countries that imported more from Ghana than India included Switzerland ($3.37B) and Burkina Faso ($285M).

In 2022, countries that imported more from India than Ghana included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Ghana - India

Flow
Scale

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

During 2022, Ghana had a large net trade with India in the exports of Precious Metals ($1.54B), Vegetable Products ($320M), and Wood Products ($85.7M).

During 2017, India had a large net trade with Ghana in the exports of Chemical Products ($231M), Machines ($193M), and Metals ($90.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana India+$495MGold
Top Product Potential India Ghana+$88.4MRefined 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.

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Economic Complexity

Competitive Landscape

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

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

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