Somalia (SOM) and Ghana (GHA) Trade | The Observatory of Economic Complexity

About

Somalia-Ghana Trade: In 2023, Somalia exported $12.4k to Ghana. The main products that Somalia exported to Ghana were Cheese ($12.4k). Over the past 9 years the exports of Somalia to Ghana have decreased at an annualized rate of 61.8%, from $71.2M in 2014 to $12.4k in 2023.

In 2023, Somalia did not export any services to Ghana.

Ghana-Somalia Trade: In 2023, Ghana exported $682 to Somalia. The main products that Ghana exported to Somalia were Rubber Tires ($312), Brochures ($154), and Household Washing Machines ($120). Over the past 9 years the exports of Ghana to Somalia have increased at an annualized rate of 5.22%, from $410 in 2014 to $682 in 2023.

In 2023, Ghana did not export any services to Somalia.

Comparison In 2023, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Somalia exported $12.4k to Ghana. The main products exported from Somalia to Ghana were Cheese ($12.4k). During the last 9 years the exports of Somalia to Ghana have decreased at an annualized rate of 61.8%, from $71.2M in 2014 to $12.4k in 2023.

In 2018, Ghana exported $682 to Somalia. The main products exported from Ghana to Somalia were Rubber Tires ($312), Brochures ($154), and Household Washing Machines ($120). During the last 5 years the exports of Ghana to Somalia have increased at an annualized rate of 5.22%, from $410 in 2023 to $682 in 2018.

Exports from Somalia () to Ghana () (2023)

Exports from Ghana () to Somalia () (2023)

Latest Data

Trade between Somalia () and Ghana ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$360M

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Somalia than Ghana included Saudi Arabia ($283M), Oman ($180M), and Djibouti ($84.2M).

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

Difference in imports from Ghana () and Somalia () (2023)

Comparative Advantage Somalia - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Somalia had a large net trade with Ghana in the exports of Animal Products ($12.4k).

During 2018, Ghana had a large net trade with Somalia in the exports of Plastics and Rubbers ($322), Paper Goods ($158), and Machines ($134).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia Ghana+$1.64kNon-fillet Frozen Fish

Top Product Potential Ghana Somalia+$2.03kPalm Oil

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Somalia () to Ghana () (2023)

Exports from Ghana () to Somalia () (2023)

Latest Data

Trade between Somalia () and Ghana ()

Ghana Exports

Market Competitiveness

Difference in imports from Ghana () and Somalia () (2023)

Comparative Advantage Somalia - Ghana

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Somalia () and Ghana () (2023)

Keep Exploring