2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
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GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 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

Norway-Ghana In 2022, Norway exported $39.1M to Ghana. The main products that Norway exported to Ghana are Non-fillet Frozen Fish ($11.1M), Gas and Liquid Flow Measuring Instruments ($7.05M), and Machinery Having Individual Functions ($5.28M). During the last 27 years the exports of Norway to Ghana have increased at an annualized rate of 7.28%, from $5.88M in 1995 to $39.1M in 2022.

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

Ghana-Norway In 2022, Ghana exported $1.71M to Norway. The main products that Ghana exported to Norway were Machinery Having Individual Functions ($368k), Other Processed Fruits and Nuts ($331k), and Non-Knit Women's Shirts ($142k). During the last 27 years the exports of Ghana to Norway have decreased at an annualized rate of 3.03%, from $3.93M in 1995 to $1.71M in 2022.

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

Comparison In 2022,  Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Ghana ranked 115 in the Economic Complexity Index (ECI -1.35), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $39.1M to Ghana. The main products exported from Norway to Ghana were Non-fillet Frozen Fish ($11.1M), Gas and Liquid Flow Measuring Instruments ($7.05M), and Machinery Having Individual Functions ($5.28M). During the last 27 years the exports of Norway to Ghana have increased at an annualized rate of 7.28%, from $5.88M in 1995 to $39.1M in 2022.

In 2022, Ghana exported $1.71M to Norway. The main products exported from Ghana to Norway were Machinery Having Individual Functions ($368k), Other Processed Fruits and Nuts ($331k), and Non-Knit Women's Shirts ($142k). During the last 27 years the exports of Ghana to Norway have decreased at an annualized rate of 3.03%, from $3.93M in 1995 to $1.71M in 2022.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Ghana
Top Destination
United Arab Emirates$4.72B

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

In 2021, countries that imported more from Norway than Ghana were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Ghana than Norway were United Arab Emirates ($4.72B), Switzerland ($3.37B), and India ($2.04B).

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

Comparative Advantage Norway - Ghana

Flow
Scale

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

During 2022, Norway had a large net trade with Ghana in the exports of Animal Products ($11.8M), Machines ($11.7M), and Instruments ($7.43M).

During 2022, Ghana had a large net trade with Norway in the exports of Machines ($500k), Foodstuffs ($370k), and Vegetable Products ($274k).

Economic Complexity

Competitive Landscape

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

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

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