Ghana (GHA) and North Korea (PRK) Trade | The Observatory of Economic Complexity

About

Ghana-North Korea Trade: In 2014, Ghana exported $552k to North Korea. The main products that Ghana exported to North Korea were N/A. Over the past 9 years the exports of Ghana to North Korea have increased at an annualized rate of 113%, from $603 in 2005 to $552k in 2014.

In 2014, Ghana did not export any services to North Korea.

North Korea-Ghana Trade: In 2014, North Korea exported $7.35M to Ghana. The main products that North Korea exported to Ghana were N/A. Over the past 9 years the exports of North Korea to Ghana have increased at an annualized rate of 122%, from $137k in 2005 to $7.35M in 2014.

In 2014, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2014, Ghana exported $552k to North Korea. There were not main exports from Ghana to North Korea in 2014. During the last 9 years the exports of Ghana to North Korea have increased at an annualized rate of 113%, from $603 in 2005 to $552k in 2014.

In 2014, North Korea exported $7.35M to Ghana. There were not main exports from North Korea to Ghana in 2014. During the last 5 years the exports of North Korea to Ghana have increased at an annualized rate of 122%, from $137k in 2019 to $7.35M in 2014.

Exports from Ghana () to North Korea () (2019)

Exports from North Korea () to Ghana () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

North Korea
Top DestinationChina$131M

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

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

In 2022, countries that imported more from North Korea than Ghana included Luxembourg ($6.44M), Mozambique ($5.73M), and Suriname ($4.51M).

Difference in imports from North Korea () and Ghana () (2022)

Comparative Advantage Ghana - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2014, Ghana had a large net trade with North Korea in the exports of N/A.

During 2014, North Korea had a large net trade with Ghana in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to North Korea () (2019)

Exports from North Korea () to Ghana () (2019)

Market Competitiveness

Difference in imports from North Korea () and Ghana () (2022)

Comparative Advantage Ghana - North Korea

Economic Complexity

Competitive Landscape

Product Space of Ghana () and North Korea () (2019)

Keep Exploring