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Pricing

2022
Flag → Flag
Exports $13.9MRnk 70 / 194
2022
Flag → Flag
Top Product $8.29MTea
2022
Flag → Flag
Exports $67.2kRnk 106 / 133
2022
Flag → Flag
Top Product $32.5kLive Fish
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Sri Lanka-Ghana Trade: In 2022, Sri Lanka exported $13.9M to Ghana. The main products that Sri Lanka exported to Ghana were Tea ($8.29M), Baked Goods ($3.38M), and Processed Cereals ($325k). Over the past 5 years the exports of Sri Lanka to Ghana have decreased at an annualized rate of 12.3%, from $26.8M in 2017 to $13.9M in 2022.

In 2022, Sri Lanka did not export any services to Ghana.

Ghana-Sri Lanka Trade: In 2022, Ghana exported $67.2k to Sri Lanka. The main products that Ghana exported to Sri Lanka were Live Fish ($32.5k), Rubber ($21.5k), and Electric Generating Sets ($8.62k). Over the past 5 years the exports of Ghana to Sri Lanka have decreased at an annualized rate of 38.3%,  from $751k in 2017 to $67.2k in 2022.

In 2022, Ghana did not export any services to Sri Lanka.

Comparison: In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). 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, Sri Lanka exported $13.9M to Ghana. The main products exported from Sri Lanka to Ghana were Tea ($8.29M), Baked Goods ($3.38M), and Processed Cereals ($325k). During the last 5 years the exports of Sri Lanka to Ghana have decreased at an annualized rate of 12.3%, from $26.8M in 2017 to $13.9M in 2022.

In 2017, Ghana exported $67.2k to Sri Lanka. The main products exported from Ghana to Sri Lanka were Live Fish ($32.5k), Rubber ($21.5k), and Electric Generating Sets ($8.62k). During the last 5 years the exports of Ghana to Sri Lanka have decreased at an annualized rate of 38.3%, from $751k in 2022 to $67.2k in 2017.

Exports from Sri Lanka (Flag) to Ghana (Flag) (2022)

Exports from Ghana (Flag) to Sri Lanka (Flag) (2022)

Latest Data

Trade between Sri Lanka (Flag) and Ghana (Flag)

Sri Lanka Exports

Date

Ghana Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Sri Lanka than Ghana included United States ($3.52B), Germany ($881M), and Canada ($429M).

In 2022, countries that imported more from Ghana than Sri Lanka included United Arab Emirates ($4.72B), Switzerland ($3.37B), and China ($2.01B).

Difference in imports from Ghana (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Ghana

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Ghana in the exports of Vegetable Products ($8.85M), Foodstuffs ($3.41M), and Chemical Products ($537k).

During 2017, Ghana had a large net trade with Sri Lanka in the exports of Animal Products ($32.5k), Plastics and Rubbers ($21.5k), and Machines ($8.74k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Ghana+$2.68kTea
Top Product Potential Ghana Sri Lanka+$5.05kGold

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

Product Space of Sri Lanka (Flag) and Ghana (Flag) (2022)

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