2023
Flag  
GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP
$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH
21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC 
$5,391CURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC
$2,260CURRENT US$
Rnk 152 / 196
2013-2023
Flag
GDP PC GROWTH
-1.47%CURRENT US$
Rnk 154 / 195

About

El Salvador-Ghana Trade: In 2023, El Salvador exported $304k to Ghana. The main products that El Salvador exported to Ghana were Packaged Medicaments ($291k), Decals ($6.03k), and Liquid Pumps ($1.96k). Over the past 7 years the exports of El Salvador to Ghana have increased at an annualized rate of 16.6%, from $103k in 2016 to $304k in 2023.

In 2023, El Salvador did not export any services to Ghana.

Ghana-El Salvador Trade: In 2023, Ghana exported $48.8k to El Salvador. The main products that Ghana exported to El Salvador were Chocolate ($48.8k) and Plastic Lids ($13). Over the past 7 years the exports of Ghana to El Salvador have decreased at an annualized rate of 49.1%,  from $1.43M in 2016 to $48.8k in 2023.

In 2023, Ghana did not export any services to El Salvador.

Comparison: In 2023,  El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $304k to Ghana. The main products exported from El Salvador to Ghana were Packaged Medicaments ($291k), Decals ($6.03k), and Liquid Pumps ($1.96k). During the last 7 years the exports of El Salvador to Ghana have increased at an annualized rate of 16.6%, from $103k in 2016 to $304k in 2023.

In 2018, Ghana exported $48.8k to El Salvador. The main products exported from Ghana to El Salvador were Chocolate ($48.8k) and Plastic Lids ($13). During the last 5 years the exports of Ghana to El Salvador have decreased at an annualized rate of 49.1%, from $1.43M in 2023 to $48.8k in 2018.

Exports from El Salvador (Flag) to Ghana (Flag) (2023)

Exports from Ghana (Flag) to El Salvador (Flag) (2023)

Latest Data

Trade between El Salvador (Flag) and Ghana (Flag)

El Salvador Exports

Ghana Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.41B
Ghana
Top Destination
Switzerland$6.49B

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

In 2023, countries that imported more from El Salvador than Ghana included Guatemala ($1.15B), Honduras ($1.03B), and United States ($2.41B).

In 2023, countries that imported more from Ghana than El Salvador included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

Difference in imports from Ghana (Flag) and El Salvador (Flag) (2023)

Comparative Advantage El Salvador - Ghana

Flow
Scale

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

During 2023, El Salvador had a large net trade with Ghana in the exports of Chemical Products ($291k), Paper Goods ($6.47k), and Machines ($3.9k).

During 2018, Ghana had a large net trade with El Salvador in the exports of Foodstuffs ($48.8k) and Plastics and Rubbers ($13).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Ghana+$3.09kRefined Petroleum
Top Product Potential Ghana El Salvador+$2.93kRefined Petroleum

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

This visualization shows the product space at the HS4 level with the flags of El Salvador and Ghana. This means that a dot/product with the flag of El Salvador indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over El Salvador.

Product Space of El Salvador (Flag) and Ghana (Flag) (2023)

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