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2023
Flag → Flag
Exports $373kRnk 81 / 136
2023
Flag → Flag
Top Product $223kEdible Offal
2023
Flag → Flag
Exports $2.77kRnk 158 / 172
2023
Flag → Flag
Top Product $1.04kKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC $3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 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

Bolivia-Ghana Trade: In 2023, Bolivia exported $373k to Ghana. The main products that Bolivia exported to Ghana were Edible Offal ($223k), Soybean Oil ($150k), and Non-Knit Men's Suits ($28). Over the past 5 years the exports of Bolivia to Ghana have increased at an annualized rate of 16.2%, from $176k in 2018 to $373k in 2023.

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

Ghana-Bolivia Trade: In 2023, Ghana exported $2.77k to Bolivia. The main products that Ghana exported to Bolivia were Knit T-shirts ($1.04k), Other Metal Fasteners ($442), and Knitted Hats ($432). Over the past 5 years the exports of Ghana to Bolivia have increased at an annualized rate of 5.73%,  from $2.1k in 2018 to $2.77k in 2023.

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

Comparison: In 2023,  Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Ghana, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Bolivia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Bolivia to Ghana were Soya bean oil and its fractions ($154k). In N/A the top imports of Bolivia from Ghana were .

Origins In N/A the exports of Bolivia were mainly from Santa Cruz ($400), while imports destinations were mainly La Paz ($10).

Growth In N/A, the N/A in Bolivia's year-by-year exports to Ghana was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Ghana was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
MAIN EXPORTER (N/A)Santa Cruz$400

This section shows exports and imports data at subnational level for Bolivia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Bolivia over time.

To check Ghana and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ghana and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $373k to Ghana. The main products exported from Bolivia to Ghana were Edible Offal ($223k), Soybean Oil ($150k), and Non-Knit Men's Suits ($28). During the last 5 years the exports of Bolivia to Ghana have increased at an annualized rate of 16.2%, from $176k in 2018 to $373k in 2023.

In 2018, Ghana exported $2.77k to Bolivia. The main products exported from Ghana to Bolivia were Knit T-shirts ($1.04k), Other Metal Fasteners ($442), and Knitted Hats ($432). During the last 5 years the exports of Ghana to Bolivia have increased at an annualized rate of 5.73%, from $2.1k in 2023 to $2.77k in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Bolivia than Ghana included Argentina ($1.15B), Brazil ($1.54B), and Colombia ($687M).

In 2023, countries that imported more from Ghana than Bolivia included Switzerland ($6.49B), United Arab Emirates ($4.93B), and South Africa ($1.85B).

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

Comparative Advantage Bolivia - Ghana

Flow
Scale

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

During 2023, Bolivia had a large net trade with Ghana in the exports of Animal Products ($223k), Animal and Vegetable Bi-Products ($150k), and Textiles ($28).

During 2018, Ghana had a large net trade with Bolivia in the exports of Textiles ($1.04k), Metals ($442), and Footwear and Headwear ($432).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Ghana+$85.7kStone Processing Machines
Top Product Potential Ghana Bolivia+$3.36kRefined 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 Bolivia and Ghana. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Bolivia.

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

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