Albania (ALB) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Albania-Ghana Trade: In 2023, Albania exported $381k to Ghana. The main products that Albania exported to Ghana were Chocolate ($62.7k), Iron Blocks ($62.1k), and Aluminium Bars ($50.6k). Over the past 6 years the exports of Albania to Ghana have increased at an annualized rate of 83%, from $10.2k in 2017 to $381k in 2023.

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

Ghana-Albania In N/A, Ghana did not export any products to Albania.

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

Comparison: In 2023, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). 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, Albania exported $381k to Ghana. The main products exported from Albania to Ghana were Chocolate ($62.7k), Iron Blocks ($62.1k), and Aluminium Bars ($50.6k). During the last 6 years the exports of Albania to Ghana have increased at an annualized rate of 83%, from $10.2k in 2017 to $381k in 2023.

Ghana does not register exports to Albania. The main products exported from Ghana to Albania were Rough Wood ($69.5k) and Tropical Fruits ($3.68k).

Exports from Albania () to Ghana () (2023)

Exports from Ghana () to Albania () (2023)

Latest Data

Trade between Albania () and Ghana ()

Albania Exports

Date

Feb 2014

Mar 2013

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.72B

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Albania than Ghana included Italy ($1.72B), Greece ($409M), and Serbia ($188M).

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

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

Comparative Advantage Albania - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Albania had a large net trade with Ghana in the exports of Metals ($213k), Foodstuffs ($68.8k), and Stone And Glass ($38.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Ghana+$2.44kRefined Petroleum

Top Product Potential Ghana Albania+$2.34kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Ghana () (2023)

Exports from Ghana () to Albania () (2023)

Latest Data

Trade between Albania () and Ghana ()

Albania Exports

Ghana Exports

Market Competitiveness

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

Comparative Advantage Albania - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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