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Pricing

2022
Flag → Flag
Exports $63.5MRnk 24 / 133
2022
Flag → Flag
Top Product $25.5MPalm Oil
2022
Flag → Flag
Exports $34.1MRnk 24 / 160
2022
Flag → Flag
Top Product $11.2MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 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$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Ghana-Senegal Trade: In 2022, Ghana exported $63.5M to Senegal. The main products that Ghana exported to Senegal were Palm Oil ($25.5M), Petroleum Gas ($10.9M), and Concentrated Milk ($6.65M). Over the past 5 years the exports of Ghana to Senegal have decreased at an annualized rate of 2.43%, from $71.8M in 2017 to $63.5M in 2022.

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

Senegal-Ghana Trade: In 2022, Senegal exported $34.1M to Ghana. The main products that Senegal exported to Ghana were Non-fillet Frozen Fish ($11.2M), Planes, Helicopters, and/or Spacecraft ($9.46M), and Beauty Products ($3.52M). Over the past 5 years the exports of Senegal to Ghana have increased at an annualized rate of 8.47%,  from $17.8M in 2017 to $34.1M in 2022.

In 2022, Senegal 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, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $63.5M to Senegal. The main products exported from Ghana to Senegal were Palm Oil ($25.5M), Petroleum Gas ($10.9M), and Concentrated Milk ($6.65M). During the last 5 years the exports of Ghana to Senegal have decreased at an annualized rate of 2.43%, from $71.8M in 2017 to $63.5M in 2022.

In 2017, Senegal exported $34.1M to Ghana. The main products exported from Senegal to Ghana were Non-fillet Frozen Fish ($11.2M), Planes, Helicopters, and/or Spacecraft ($9.46M), and Beauty Products ($3.52M). During the last 5 years the exports of Senegal to Ghana have increased at an annualized rate of 8.47%, from $17.8M in 2022 to $34.1M in 2017.

Exports from Ghana (Flag) to Senegal (Flag) (2022)

Exports from Senegal (Flag) to Ghana (Flag) (2022)

Latest Data

Trade between Ghana (Flag) and Senegal (Flag)

Ghana Exports

Senegal Exports

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Senegal
Top DestinationMali$1.13B

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

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

In 2022, countries that imported more from Senegal than Ghana included Mali ($1.13B), Australia ($234M), and Guinea ($182M).

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

Comparative Advantage Ghana - Senegal

Flow
Scale

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

During 2022, Ghana had a large net trade with Senegal in the exports of Animal and Vegetable Bi-Products ($26.1M), Mineral Products ($10.9M), and Animal Products ($6.65M).

During 2017, Senegal had a large net trade with Ghana in the exports of Animal Products ($11.2M), Transportation ($9.49M), and Chemical Products ($7.52M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Senegal+$296kSawn Wood
Top Product Potential Senegal Ghana+$1.44MRefined Petroleum

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

Product Space of Ghana (Flag) and Senegal (Flag) (2022)

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