2023
Flag  
GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 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 
$7,829CURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 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

Belarus-Ghana Trade: In 2023, Belarus exported $301 to Ghana. The main products that Belarus exported to Ghana were Bicycles, delivery tricycles, other cycles ($115), Rice ($73), and Sports Equipment ($42). Over the past 5 years the exports of Belarus to Ghana have decreased at an annualized rate of 85.7%, from $5.11M in 2018 to $301 in 2023.

In 2014, Belarus exported services to Ghana worth $4.14k, with Government services, n.i.e. ($4.1k) and Insurance services ($37) being the largest in terms of value.

Ghana-Belarus Trade: In 2023, Ghana exported $7.29M to Belarus. The main products that Ghana exported to Belarus were N/A. Over the past 5 years the exports of Ghana to Belarus have decreased at an annualized rate of 21.9%,  from $25.1M in 2018 to $7.29M in 2023.

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

Comparison: In 2023,  Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). 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, Belarus exported $301 to Ghana. The main products exported from Belarus to Ghana were Bicycles, delivery tricycles, other cycles ($115), Rice ($73), and Sports Equipment ($42). During the last 5 years the exports of Belarus to Ghana have decreased at an annualized rate of 85.7%, from $5.11M in 2018 to $301 in 2023.

In 2016, Ghana exported $7.29M to Belarus. There were not main exports from Ghana to Belarus in 2016. During the last 5 years the exports of Ghana to Belarus have decreased at an annualized rate of 21.9%, from $25.1M in 2021 to $7.29M in 2016.

Exports from Belarus (Flag) to Ghana (Flag) (2023)

Exports from Ghana (Flag) to Belarus (Flag) (2023)

Latest Data

Trade between Belarus (Flag) and Ghana (Flag)

Belarus Exports

Market Competitiveness

Color
Belarus
Top Destination
China$2.6B
Ghana
Top Destination
Switzerland$6.49B

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

In 2023, countries that imported more from Belarus than Ghana included China ($2.6B), Kazakhstan ($757M), and Uzbekistan ($509M).

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

Difference in imports from Ghana (Flag) and Belarus (Flag) (2023)

Comparative Advantage Belarus - Ghana

Flow
Scale

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

During 2023, Belarus had a large net trade with Ghana in the exports of Transportation ($115), Vegetable Products ($73), and Miscellaneous ($42).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Ghana+$2.64kRefined Petroleum
Top Product Potential Ghana Belarus+$3.64kCrude 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 Belarus and Ghana. This means that a dot/product with the flag of Belarus indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Belarus.

Product Space of Belarus (Flag) and Ghana (Flag) (2023)

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