2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186

About

Ireland-Ghana Trade: In 2022, Ireland exported $69.7M to Ghana. The main products that Ireland exported to Ghana were Malt Extract ($24.4M), Concentrated Milk ($10.7M), and Edible Offal ($7.86M). Over the past 5 years the exports of Ireland to Ghana have decreased at an annualized rate of 1.73%, from $76.1M in 2017 to $69.7M in 2022.

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

Ghana-Ireland Trade: In 2022, Ghana exported $4.88M to Ireland. The main products that Ghana exported to Ireland were Bran ($1.52M), Processed Fish ($1.39M), and Sawn Wood ($466k). Over the past 5 years the exports of Ghana to Ireland have decreased at an annualized rate of 6.97%,  from $7M in 2017 to $4.88M in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $69.7M to Ghana. The main products exported from Ireland to Ghana were Malt Extract ($24.4M), Concentrated Milk ($10.7M), and Edible Offal ($7.86M). During the last 5 years the exports of Ireland to Ghana have decreased at an annualized rate of 1.73%, from $76.1M in 2017 to $69.7M in 2022.

In 2017, Ghana exported $4.88M to Ireland. The main products exported from Ghana to Ireland were Bran ($1.52M), Processed Fish ($1.39M), and Sawn Wood ($466k). During the last 5 years the exports of Ghana to Ireland have decreased at an annualized rate of 6.97%, from $7M in 2022 to $4.88M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Ghana
Top Destination
United Arab Emirates$4.72B

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

In 2022, countries that imported more from Ireland than Ghana included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Ghana than Ireland included United Arab Emirates ($4.72B), India ($2.04B), and Burkina Faso ($285M).

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

Comparative Advantage Ireland - Ghana

Flow
Scale

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

During 2022, Ireland had a large net trade with Ghana in the exports of Animal Products ($33.6M), Foodstuffs ($25.7M), and Chemical Products ($5.23M).

During 2017, Ghana had a large net trade with Ireland in the exports of Foodstuffs ($3.79M), Wood Products ($640k), and Vegetable Products ($230k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Ghana+$2.44MScented Mixtures
Top Product Potential Ghana Ireland+$763kProcessed Fish

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

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

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