New Zealand (NZL) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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New Zealand-Ghana Trade: In 2022, New Zealand exported $14.3M to Ghana. The main products that New Zealand exported to Ghana were Concentrated Milk ($7.88M), Butter ($2.71M), and Non-fillet Frozen Fish ($1.5M). Over the past 5 years the exports of New Zealand to Ghana have decreased at an annualized rate of 14.9%, from $32M in 2017 to $14.3M in 2022.

In 2022, New Zealand did not export any services to Ghana.

Ghana-New Zealand Trade: In 2022, Ghana exported $7.66M to New Zealand. The main products that Ghana exported to New Zealand were Cocoa Beans ($5.5M), Cocoa Paste ($1.56M), and Cocoa Butter ($411k). Over the past 5 years the exports of Ghana to New Zealand have increased at an annualized rate of 1.12%, from $6.35M in 2017 to $7.66M in 2022.

In 2022, Ghana did not export any services to New Zealand.

Comparison: In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). 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, New Zealand exported $14.3M to Ghana. The main products exported from New Zealand to Ghana were Concentrated Milk ($7.88M), Butter ($2.71M), and Non-fillet Frozen Fish ($1.5M). During the last 5 years the exports of New Zealand to Ghana have decreased at an annualized rate of 14.9%, from $32M in 2017 to $14.3M in 2022.

In 2017, Ghana exported $7.66M to New Zealand. The main products exported from Ghana to New Zealand were Cocoa Beans ($5.5M), Cocoa Paste ($1.56M), and Cocoa Butter ($411k). During the last 5 years the exports of Ghana to New Zealand have increased at an annualized rate of 1.12%, from $6.35M in 2022 to $7.66M in 2017.

Exports from New Zealand () to Ghana () (2022)

Exports from Ghana () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Ghana ()

New Zealand Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$13.1B

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from New Zealand than Ghana included China ($13.1B), Australia ($5.35B), and Japan ($2.75B).

In 2022, countries that imported more from Ghana than New Zealand included United Arab Emirates ($4.72B), Switzerland ($3.37B), and India ($2.04B).

Difference in imports from Ghana () and New Zealand () (2022)

Comparative Advantage New Zealand - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Ghana in the exports of Animal Products ($12.9M), Machines ($662k), and Foodstuffs ($268k).

During 2017, Ghana had a large net trade with New Zealand in the exports of Foodstuffs ($7.47M), Vegetable Products ($104k), and Wood Products ($43.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential New Zealand Ghana+$2.61MConcentrated Milk

Top Product Potential Ghana New Zealand+$431kCocoa Butter

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

About

Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Ghana () (2022)

Exports from Ghana () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Ghana ()

New Zealand Exports

Ghana Exports

Market Competitiveness

Difference in imports from Ghana () and New Zealand () (2022)

Comparative Advantage New Zealand - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Ghana () (2022)

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