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2022
Flag → Flag
Exports $52.5MRnk 101 / 215
2022
Flag → Flag
Top Product $11.8MMalt Extract
2022
Flag → Flag
Exports $69.4MRnk 22 / 133
2022
Flag → Flag
Top Product $60.6MCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI 1.53Rnk 5 / 124
2022
Flag
Economic Complexity (ECI) ECI -1.35Rnk 115 / 124
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Singapore-Ghana In 2022, Singapore exported $52.5M to Ghana. The main products that Singapore exported to Ghana are Malt Extract ($11.8M), Refined Petroleum ($5.89M), and Large Construction Vehicles ($3.99M). During the last 27 years the exports of Singapore to Ghana have increased at an annualized rate of 5.5%, from $12.4M in 1995 to $52.5M in 2022.

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

Ghana-Singapore In 2022, Ghana exported $69.4M to Singapore. The main products that Ghana exported to Singapore were Cocoa Beans ($60.6M), Cocoa Paste ($6.71M), and Paintings ($898k). During the last 27 years the exports of Ghana to Singapore have increased at an annualized rate of 7.58%, from $9.64M in 1995 to $69.4M in 2022.

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

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B). 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, Singapore exported $52.5M to Ghana. The main products exported from Singapore to Ghana were Malt Extract ($11.8M), Refined Petroleum ($5.89M), and Large Construction Vehicles ($3.99M). During the last 27 years the exports of Singapore to Ghana have increased at an annualized rate of 5.5%, from $12.4M in 1995 to $52.5M in 2022.

In 2022, Ghana exported $69.4M to Singapore. The main products exported from Ghana to Singapore were Cocoa Beans ($60.6M), Cocoa Paste ($6.71M), and Paintings ($898k). During the last 27 years the exports of Ghana to Singapore have increased at an annualized rate of 7.58%, from $9.64M in 1995 to $69.4M in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Ghana (Flag)

Singapore Exports

Ghana Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2021, countries that imported more from Singapore than Ghana were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2021, countries that imported more from Ghana than Singapore were Burkina Faso ($285M), United Arab Emirates ($4.72B), and Cote d'Ivoire ($163M).

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

Comparative Advantage Singapore - Ghana

Flow
Scale

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

During 2022, Singapore had a large net trade with Ghana in the exports of Machines ($15.5M), Foodstuffs ($12.9M), and Mineral Products ($5.89M).

During 2022, Ghana had a large net trade with Singapore in the exports of Foodstuffs ($67.4M), Arts and Antiques ($899k), and Plastics and Rubbers ($785k).

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 Singapore has comparative advantage over Ghana. Similarly, the more yellow a dot/product is, the more Ghana has comparative advantage over Singapore.

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

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