Ghana (GHA) and Israel (ISR) Trade | The Observatory of Economic Complexity

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Ghana-Israel Trade: In 2022, Ghana exported $1.29M to Israel. The main products that Ghana exported to Israel were Tropical Fruits ($721k), Paintings ($143k), and Shaped Wood ($95k). Over the past 5 years the exports of Ghana to Israel have decreased at an annualized rate of 22.6%, from $4.65M in 2017 to $1.29M in 2022.

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

Israel-Ghana Trade: In 2022, Israel exported $20.9M to Ghana. The main products that Israel exported to Ghana were Pesticides ($4.25M), Animal Food ($3.84M), and Iron Structures ($2.23M). Over the past 5 years the exports of Israel to Ghana have decreased at an annualized rate of 4.64%, from $54M in 2017 to $20.9M in 2022.

In 2012, Israel exported services to Ghana worth $39.9M, with Computer and information services ($39.9M) being the largest in terms of value.

Comparison: In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ghana exported $1.29M to Israel. The main products exported from Ghana to Israel were Tropical Fruits ($721k), Paintings ($143k), and Shaped Wood ($95k). During the last 5 years the exports of Ghana to Israel have decreased at an annualized rate of 22.6%, from $4.65M in 2017 to $1.29M in 2022.

In 2017, Israel exported $20.9M to Ghana. The main products exported from Israel to Ghana were Pesticides ($4.25M), Animal Food ($3.84M), and Iron Structures ($2.23M). During the last 5 years the exports of Israel to Ghana have decreased at an annualized rate of 4.64%, from $54M in 2022 to $20.9M in 2017.

Exports from Ghana () to Israel () (2022)

Exports from Israel () to Ghana () (2022)

Latest Data

Trade between Ghana () and Israel ()

Ghana Exports

Date

Israel Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Israel
Top DestinationUnited States$20.3B

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

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

In 2022, countries that imported more from Israel than Ghana included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

Difference in imports from Israel () and Ghana () (2022)

Comparative Advantage Ghana - Israel

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Israel in the exports of Vegetable Products ($788k), Foodstuffs ($148k), and Arts and Antiques ($143k).

During 2017, Israel had a large net trade with Ghana in the exports of Chemical Products ($6.65M), Foodstuffs ($3.87M), and Metals ($3.34M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Israel+$191kTropical Fruits

Top Product Potential Israel Ghana+$2.8MPesticides

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

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Historical Data

Bilateral Trade by Products

Exports from Ghana () to Israel () (2022)

Exports from Israel () to Ghana () (2022)

Latest Data

Trade between Ghana () and Israel ()

Ghana Exports

Israel Exports

Market Competitiveness

Difference in imports from Israel () and Ghana () (2022)

Comparative Advantage Ghana - Israel

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Israel () (2022)

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