2023
Flag
 GDP
$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH
21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC
$2,260CURRENT US$
Rnk 152 / 196
2013-2023
Flag
GDP PC GROWTH
-1.47%CURRENT US$
Rnk 154 / 195

About

Greenland-Ghana Trade: In 2023, Greenland exported $48.5k to Ghana. The main products that Greenland exported to Ghana were Other Plastic Sheetings ($32.4k), Laboratory Reagents ($8.2k), and Seats ($2.59k). Over the past 8 years the exports of Greenland to Ghana have increased at an annualized rate of 5.77%, from $31k in 2015 to $48.5k in 2023.

In 2023, Greenland did not export any services to Ghana.

Ghana-Greenland Trade: In 2023, Ghana exported $78.4k to Greenland. The main products that Ghana exported to Greenland were Cocoa Powder ($78.4k). Over the past 8 years the exports of Ghana to Greenland have increased at an annualized rate of 18.6%,  from $4.29k in 2015 to $78.4k in 2023.

In 2023, Ghana did not export any services to Greenland.

Comparison In 2023,  Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index. That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greenland exported $48.5k to Ghana. The main products exported from Greenland to Ghana were Other Plastic Sheetings ($32.4k), Laboratory Reagents ($8.2k), and Seats ($2.59k). During the last 8 years the exports of Greenland to Ghana have increased at an annualized rate of 5.77%, from $31k in 2015 to $48.5k in 2023.

In 2018, Ghana exported $78.4k to Greenland. The main products exported from Ghana to Greenland were Cocoa Powder ($78.4k). During the last 5 years the exports of Ghana to Greenland have increased at an annualized rate of 18.6%, from $4.29k in 2023 to $78.4k in 2018.

Exports from Greenland (Flag) to Ghana (Flag) (2023)

Exports from Ghana (Flag) to Greenland (Flag) (2023)

Market Competitiveness

Color
Greenland
Top Destination
Denmark$830M
Ghana
Top Destination
Switzerland$6.49B

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

In 2023, countries that imported more from Greenland than Ghana included Denmark ($830M), Iceland ($38.3M), and Norway ($41.1M).

In 2023, countries that imported more from Ghana than Greenland included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

Difference in imports from Ghana (Flag) and Greenland (Flag) (2023)

Comparative Advantage Greenland - Ghana

Flow
Scale

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

During 2023, Greenland had a large net trade with Ghana in the exports of Plastics and Rubbers ($32.8k), Chemical Products ($8.76k), and Miscellaneous ($4.51k).

During 2018, Ghana had a large net trade with Greenland in the exports of Foodstuffs ($78.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Greenland (Flag) and Ghana (Flag) (2023)

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