2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 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 
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 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

Liberia-Ghana Trade: In 2019, Liberia exported $8.15M to Ghana. The main products that Liberia exported to Ghana were N/A. Over the past 5 years the exports of Liberia to Ghana have increased at an annualized rate of 8%, from $5.54M in 2014 to $8.15M in 2019.

In 2019, Liberia did not export any services to Ghana.

Ghana-Liberia Trade: In 2019, Ghana exported $7.28M to Liberia. The main products that Ghana exported to Liberia were N/A. Over the past 5 years the exports of Ghana to Liberia have decreased at an annualized rate of 39.9%,  from $92.5M in 2014 to $7.28M in 2019.

In 2019, Ghana did not export any services to Liberia.

Comparison: In 2022,  Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). 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 2019, Liberia exported $8.15M to Ghana. There were not main exports from Liberia to Ghana in 2019. During the last 5 years the exports of Liberia to Ghana have increased at an annualized rate of 8%, from $5.54M in 2014 to $8.15M in 2019.

In 2014, Ghana exported $7.28M to Liberia. There were not main exports from Ghana to Liberia in 2014. During the last 5 years the exports of Ghana to Liberia have decreased at an annualized rate of 39.9%, from $92.5M in 2019 to $7.28M in 2014.

Exports from Liberia (Flag) to Ghana (Flag) (2019)

Exports from Ghana (Flag) to Liberia (Flag) (2019)

Latest Data

Trade between Liberia (Flag) and Ghana (Flag)

Ghana Exports

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Ghana
Top Destination
United Arab Emirates$4.72B

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

In 2022, countries that imported more from Liberia than Ghana included Lebanon ($106M), Poland ($124M), and Cyprus ($53.7M).

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

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

Comparative Advantage Liberia - Ghana

Flow
Scale

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

During 2019, Liberia had a large net trade with Ghana in the exports of .

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Ghana+$3.62kRefined Petroleum
Top Product Potential Ghana Liberia+$3.44kRefined 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 Liberia and Ghana. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Liberia.

Product Space of Liberia (Flag) and Ghana (Flag) (2019)

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