Nigeria (NGA) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Nigeria-Ghana Trade: In 2022, Nigeria exported $304M to Ghana. The main products that Nigeria exported to Ghana were Passenger and Cargo Ships ($34.8M), Planes, Helicopters, and/or Spacecraft ($29.6M), and Special Purpose Ships ($16.7M). Over the past 5 years the exports of Nigeria to Ghana have increased at an annualized rate of 26.3%, from $94.8M in 2017 to $304M in 2022.

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

Ghana-Nigeria Trade: In 2022, Ghana exported $78.6M to Nigeria. The main products that Ghana exported to Nigeria were Chocolate ($20.4M), Palm Oil ($8.64M), and Prepared Cereals ($2.49M). Over the past 5 years the exports of Ghana to Nigeria have increased at an annualized rate of 37.8%, from $15.8M in 2017 to $78.6M in 2022.

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

Comparison: In 2022, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nigeria exported $304M to Ghana. The main products exported from Nigeria to Ghana were Passenger and Cargo Ships ($34.8M), Planes, Helicopters, and/or Spacecraft ($29.6M), and Special Purpose Ships ($16.7M). During the last 5 years the exports of Nigeria to Ghana have increased at an annualized rate of 26.3%, from $94.8M in 2017 to $304M in 2022.

In 2017, Ghana exported $78.6M to Nigeria. The main products exported from Ghana to Nigeria were Chocolate ($20.4M), Palm Oil ($8.64M), and Prepared Cereals ($2.49M). During the last 21 years the exports of Ghana to Nigeria have increased at an annualized rate of 37.8%, from $15.8M in 1996 to $78.6M in 2017.

Exports from Nigeria () to Ghana () (2022)

Exports from Ghana () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and Ghana ()

Nigeria Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Nigeria than Ghana included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Difference in imports from Ghana () and Nigeria () (2022)

Comparative Advantage Nigeria - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nigeria had a large net trade with Ghana in the exports of Transportation ($85.1M), Foodstuffs ($31.7M), and Chemical Products ($16.1M).

During 2017, Ghana had a large net trade with Nigeria in the exports of Foodstuffs ($26M), Animal and Vegetable Bi-Products ($11.7M), and Machines ($2.83M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nigeria Ghana+$1.04MPesticides

Top Product Potential Ghana Nigeria+$2.73MPalm Oil

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Ghana () (2022)

Exports from Ghana () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and Ghana ()

Nigeria Exports

Ghana Exports

Market Competitiveness

Difference in imports from Ghana () and Nigeria () (2022)

Comparative Advantage Nigeria - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Ghana () (2022)

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