Flag Netherlands / Ghana Flag

Exports Flag β†’ Flag  (2018): $745M, Rnk 60 / 219

Top Product Flag β†’ Flag (2018): $327M, Refined Petroleum

Exports Flag β†’ Flag (2018): $1.14B, Rnk 6 / 151

Top Product Flag β†’ Flag (2018): $397M, Cocoa Beans

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

Economic Complexity of Flag (2018): ECI -1.34, Rnk 125 / 137

Netherlands-Ghana: In 2018, Netherlands exported $745M to Ghana. The main products exported from Netherlands to Ghana were Refined Petroleum ($327M), Poultry Meat ($51.6M), and Packaged Medicaments ($46.9M). During the last 23 years the exports of Netherlands to Ghana have increased at an annualized rate of 8.52%, from $114M in 1995 to $745M in 2018.

Ghana-Netherlands: In 2018, Ghana exported $1.14B to Netherlands. The main products exported from Ghana to Netherlands were Cocoa Beans ($397M), Crude Petroleum ($305M), and Cocoa Butter ($156M). During the last 23 years the exports of Ghana to Netherlands have increased at an annualized rate of 13.7%, from $59.6M in 1995 to $1.14B in 2018.

Comparison: In 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). That same year, Ghana ranked 125 in the Economic Complexity Index (ECI -1.34), and 71 in total exports ($20.5B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $745M to Ghana. The main products exported from Netherlands to Ghana were Refined Petroleum ($327M), Poultry Meat ($51.6M), and Packaged Medicaments ($46.9M). During the last 23 years the exports of Netherlands to Ghana have increased at an annualized rate of 8.52%, from $114M in 1995 to $745M in 2018.

In 2018, Ghana exported $1.14B to Netherlands. The main products exported from Ghana to Netherlands were Cocoa Beans ($397M), Crude Petroleum ($305M), and Cocoa Butter ($156M). During the last 23 years the exports of Ghana to Netherlands have increased at an annualized rate of 13.7%, from $59.6M in 1995 to $1.14B in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Ghana
Top Destination
: India, $5.18B

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

In 2018, countries that imported more from Netherlands than Ghana were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, countries that imported more from Ghana than Netherlands were India ($5.18B) and Burkina Faso ($248M).

Comparative Advantage Netherlands - Ghana

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Depth

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

During 2018, Netherlands had a large net trade with Ghana in the exports of Mineral Products ($328M), Animal Products ($91.1M), and Chemical Products ($82.7M).

During 2018, Ghana had a large net trade with Netherlands in the exports of Foodstuffs ($714M), Mineral Products ($305M), and Metals ($65.5M).

Tariff Section

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This sections shows import tariffs for products traded between Netherlands and Ghana (using the HS6 product classification and the last year reported).

In 2017, the products from Netherlands that paid the highest import tariffs to enter Ghana were Grape wines, alcoholic grape must nes (15.2%) and Wine; still, in containers holding more than 2 litres but not more than 10 litres (5.08%).

In 2018, the products from Ghana that paid the highest import tariffs to enter Netherlands were Bovine carcasses and half carcasses, fresh or chilled (35%) and Bovine cuts bone in, fresh or chilled (35%).

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*The tariffs present between Netherlands and Ghana are:
122: EU preferential tariff for sugar producing countries
123: European Union Generalized System of Preference
136: Most Favoured Nation duty rate treatement
227: Preferential tariff for Ghana

Trade Forecasts

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This section shows a forecast for total trade between Netherlands and Ghana. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Ghana. Similarly, the more red a dot/product is, the more Ghana has comparative advantage over Netherlands.