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2022
Flag → Flag
Exports $220MRnk 63 / 215
2022
Flag → Flag
Top Product $123MWheat
2022
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Exports $66.7MRnk 23 / 133
2022
Flag → Flag
Top Product $39.5MCocoa Beans
2022
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Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
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Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
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GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
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 GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
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GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
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GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
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GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
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GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Canada-Ghana In 2022, Canada exported $220M to Ghana. The main products that Canada exported to Ghana are Wheat ($123M), Cars ($40.7M), and Used Clothing ($10.6M). During the last 27 years the exports of Canada to Ghana have increased at an annualized rate of 8.58%, from $23.8M in 1995 to $220M in 2022.

In 2022, Canada did not export any services to Ghana.

Ghana-Canada In 2022, Ghana exported $66.7M to Canada. The main products that Ghana exported to Canada were Cocoa Beans ($39.5M), Cocoa Paste ($5.66M), and Rubber ($4.3M). During the last 27 years the exports of Ghana to Canada have increased at an annualized rate of 8%, from $8.35M in 1995 to $66.7M in 2022.

In 2022, Ghana did not export any services to Canada.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Latest Trends

February, 2024

About

Overview In February 2024, Canada exported C$22.4M and imported C$23.1M from Ghana, resulting in a negative trade balance of C$735k. Between February 2023 and February 2024 the exports of Canada have increased by C$15M (202%) from C$7.41M to C$22.4M, while imports increased by C$3.12M (15.6%) from C$20M to C$23.1M.

Trade In February 2024, the top exports of Canada to Ghana were Wheat (C$15.2M), Cars (C$2.01M), Alcohol > 80% ABV (C$987k), Commodities not elsewhere specified (C$716k), and Used Clothing (C$677k). In February 2024 the top imports of Canada from Ghana were Cocoa Beans (C$7.63M), Cocoa Paste (C$1.47M), Cassava (C$855k), Other Pure Vegetable Oils (C$698k), and Veneer Sheets (C$405k).

Origins In February 2024 the exports of Canada were mainly from Ontario (C$6.58M), Saskatchewan (C$4.99M), Alberta (C$4.49M), Manitoba (C$2.46M), and Quebec (C$2.09M), while imports destinations were mainly Ontario (C$17.9M), Quebec (C$4.57M), Nova Scotia (C$516k), British Columbia (C$85.7k), and Alberta (C$51.4k).

Growth In February 2024, the increase in Canada's year-by-year exports to Ghana was explained primarily by an increase in product exports in Commodities not elsewhere specified (C$318k or 79.8%), Aircraft parts including unmanned craft (C$52.3k or 222%), and Valves (C$28k or 1.88k%). In February 2024, the increase in Canada's year-by-year imports  from Ghana was explained primarily by an increase in product imports  in Cocoa Beans (C$5.49M or 257%), Cocoa Paste (C$1.15M or 363%), and Cassava (C$579k or 209%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)C$15M(202%)
IMPORT GROWTH (February 2023 - February 2024)C$3.12M(15.6%)
MAIN EXPORTER (February 2024)OntarioC$6.58M

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

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

For full datasets download visit Bulk Download page.

Explore Ghana and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $220M to Ghana. The main products exported from Canada to Ghana were Wheat ($123M), Cars ($40.7M), and Used Clothing ($10.6M). During the last 27 years the exports of Canada to Ghana have increased at an annualized rate of 8.58%, from $23.8M in 1995 to $220M in 2022.

In 2022, Ghana exported $66.7M to Canada. The main products exported from Ghana to Canada were Cocoa Beans ($39.5M), Cocoa Paste ($5.66M), and Rubber ($4.3M). During the last 27 years the exports of Ghana to Canada have increased at an annualized rate of 8%, from $8.35M in 1995 to $66.7M in 2022.

Exports from Canada (Flag) to Ghana (Flag) (2022)

Exports from Ghana (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2021, countries that imported more from Canada than Ghana were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Ghana than Canada were United Arab Emirates ($4.72B), Switzerland ($3.37B), and Burkina Faso ($285M).

Difference in imports from Ghana (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Ghana

Flow
Scale

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

During 2022, Canada had a large net trade with Ghana in the exports of Vegetable Products ($123M), Transportation ($43.5M), and Machines ($18.8M).

During 2022, Ghana had a large net trade with Canada in the exports of Foodstuffs ($51.5M), Plastics and Rubbers ($4.31M), and Wood Products ($3.27M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over Ghana. Similarly, the more yellow a dot/product is, the more Ghana has comparative advantage over Canada.

Product Space of Canada (Flag) and Ghana (Flag) (2022)

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