Ghana (GHA) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Ghana-Mexico Trade: In 2022, Ghana exported $40.5k to Mexico. The main products that Ghana exported to Mexico were Knit Women's Shirts ($23k), Knit Men's Shirts ($17.3k), and Knit T-shirts ($171). Over the past 5 years the exports of Ghana to Mexico have decreased at an annualized rate of 39.8%, from $510k in 2017 to $40.5k in 2022.

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

Mexico-Ghana Trade: In 2022, Mexico exported $473k to Ghana. The main products that Mexico exported to Ghana were N/A. Over the past 5 years the exports of Mexico to Ghana have decreased at an annualized rate of 50.5%, from $15.8M in 2017 to $473k in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ghana exported $40.5k to Mexico. The main products exported from Ghana to Mexico were Knit Women's Shirts ($23k), Knit Men's Shirts ($17.3k), and Knit T-shirts ($171). During the last 5 years the exports of Ghana to Mexico have decreased at an annualized rate of 39.8%, from $510k in 2017 to $40.5k in 2022.

In 2016, Mexico exported $473k to Ghana. There were not main exports from Mexico to Ghana in 2016. During the last 5 years the exports of Mexico to Ghana have decreased at an annualized rate of 50.5%, from $15.8M in 2021 to $473k in 2016.

Exports from Ghana () to Mexico () (2022)

Exports from Mexico () to Ghana () (2022)

Latest Data

Trade between Ghana () and Mexico ()

Ghana Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Mexico
Top DestinationUnited States$421B

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

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

In 2022, countries that imported more from Mexico than Ghana included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Ghana - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Mexico in the exports of Textiles ($40.5k).

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Mexico+$69.1kKnit Men's Shirts

Top Product Potential Mexico Ghana+$6.85kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Mexico () (2022)

Exports from Mexico () to Ghana () (2022)

Latest Data

Trade between Ghana () and Mexico ()

Ghana Exports

Mexico Exports

Market Competitiveness

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

Comparative Advantage Ghana - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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