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Pricing

2021
Flag → Flag
Exports $6.95MRnk 66 / 0
2021
Flag → Flag
Exports $353MRnk 23 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Ghana-Iran Trade: In 2021, Ghana exported $6.95M to Iran. The main products that Ghana exported to Iran were N/A. Over the past 5 years the exports of Ghana to Iran have decreased at an annualized rate of 13.6%, from $14.5M in 2016 to $6.95M in 2021.

In 2021, Ghana did not export any services to Iran.

Iran-Ghana Trade: In 2021, Iran exported $353M to Ghana. The main products that Iran exported to Ghana were N/A. Over the past 5 years the exports of Iran to Ghana have increased at an annualized rate of 44.7%,  from $4.18M in 2016 to $353M in 2021.

In 2021, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Ghana exported $6.95M to Iran. There were not main exports from Ghana to Iran in 2021. During the last 5 years the exports of Ghana to Iran have decreased at an annualized rate of 13.6%, from $14.5M in 2016 to $6.95M in 2021.

In 2016, Iran exported $353M to Ghana. There were not main exports from Iran to Ghana in 2016. During the last 5 years the exports of Iran to Ghana have increased at an annualized rate of 44.7%, from $4.18M in 2021 to $353M in 2016.

Exports from Ghana (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to Ghana (Flag) (2021)

Latest Data

Trade between Ghana (Flag) and Iran (Flag)

Ghana Exports

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Ghana than Iran included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

In 2022, countries that imported more from Iran than Ghana included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Ghana - Iran

Flow
Scale

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

During 2021, Ghana had a large net trade with Iran in the exports of .

During 2016, Iran had a large net trade with Ghana in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Iran+$3.71kGold
Top Product Potential Iran Ghana+$3.9kEthylene Polymers

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

Product Space of Ghana (Flag) and Iran (Flag) (2021)

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