Ghana (GHA) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Ghana-Russia In 2021, Ghana exported $77M to Russia. The main products that Ghana exported to Russia are N/A. During the last 25 years the exports of Ghana to Russia have increased at an annualized rate of 3.87%, from $29.8M in 1996 to $77M in 2021.

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

Russia-Ghana In 2021, Russia exported $166M to Ghana. The main products that Russia exported to Ghana were N/A. During the last 25 years the exports of Russia to Ghana have increased at an annualized rate of 14.9%, from $5.12M in 1996 to $166M in 2021.

In 2020, Russia exported services to Ghana worth $380k, with Other business services ($109k), Transportation ($91k), and Financial services ($86k) being the largest in terms of value.

Comparison In 2022, Ghana ranked 115 in the Economic Complexity Index (ECI -1.35), and 79 in total exports ($20B). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Ghana exported $77M to Russia. There were not main exports from Ghana to Russia in 2021. During the last 25 years the exports of Ghana to Russia have increased at an annualized rate of 3.87%, from $29.8M in 1996 to $77M in 2021.

In 2021, Russia exported $166M to Ghana. There were not main exports from Russia to Ghana in 2021. During the last 25 years the exports of Russia to Ghana have increased at an annualized rate of 14.9%, from $5.12M in 1996 to $166M in 2021.

Exports from Ghana () to Russia () (2021)

Exports from Russia () to Ghana () (2021)

Latest Data

Trade between Ghana () and Russia ()

Ghana Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Russia
Top DestinationChina$101B

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

In 2021, countries that imported more from Ghana than Russia were Togo ($111M), Niger ($56.3M), and Benin ($42.2M).

In 2021, countries that imported more from Russia than Ghana were China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Ghana - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

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

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Ghana worth $380k, with Other business services ($109k), Transportation ($91k), and Financial services ($86k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Ghana () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Ghana has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Ghana.

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Russia () (2021)

Exports from Russia () to Ghana () (2021)

Latest Data

Trade between Ghana () and Russia ()

Ghana Exports

Russia Exports

Market Competitiveness

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

Comparative Advantage Ghana - Russia

Service Trade

Bilateral Service Trade

Services Exports from Russia () to Ghana () (2020)

Economic Complexity

Competitive Landscape

Product Space of Ghana () and Russia () (2021)

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