Saudi Arabia (SAU) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Ghana Trade: In 2021, Saudi Arabia exported $142M to Ghana. The main products that Saudi Arabia exported to Ghana were N/A. Over the past 5 years the exports of Saudi Arabia to Ghana have increased at an annualized rate of 17.5%, from $63.3M in 2016 to $142M in 2021.

In 2021, Saudi Arabia did not export any services to Ghana.

Ghana-Saudi Arabia Trade: In 2021, Ghana exported $3.01M to Saudi Arabia. The main products that Ghana exported to Saudi Arabia were N/A. Over the past 5 years the exports of Ghana to Saudi Arabia have decreased at an annualized rate of 12.6%, from $5.9M in 2016 to $3.01M in 2021.

In 2021, Ghana did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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 2021, Saudi Arabia exported $142M to Ghana. There were not main exports from Saudi Arabia to Ghana in 2021. During the last 5 years the exports of Saudi Arabia to Ghana have increased at an annualized rate of 17.5%, from $63.3M in 2016 to $142M in 2021.

In 2016, Ghana exported $3.01M to Saudi Arabia. There were not main exports from Ghana to Saudi Arabia in 2016. During the last 5 years the exports of Ghana to Saudi Arabia have decreased at an annualized rate of 12.6%, from $5.9M in 2021 to $3.01M in 2016.

Exports from Saudi Arabia () to Ghana () (2021)

Exports from Ghana () to Saudi Arabia () (2021)

Latest Data

Trade between Saudi Arabia () and Ghana ()

Saudi Arabia Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Saudi Arabia than Ghana included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Ghana than Saudi Arabia included Switzerland ($3.37B), Burkina Faso ($285M), and Niger ($56.3M).

Difference in imports from Ghana () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Saudi Arabia had a large net trade with Ghana in the exports of .

During 2016, Ghana had a large net trade with Saudi Arabia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Ghana+$8.07kRefined Petroleum

Top Product Potential Ghana Saudi Arabia+N/AN/A

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

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Ghana () (2021)

Exports from Ghana () to Saudi Arabia () (2021)

Latest Data

Trade between Saudi Arabia () and Ghana ()

Saudi Arabia Exports

Ghana Exports

Market Competitiveness

Difference in imports from Ghana () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Ghana () (2021)

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