2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186

About

Chile-Ghana Trade: In 2022, Chile exported $34.1M to Ghana. The main products that Chile exported to Ghana were Non-fillet Frozen Fish ($26.6M), Other Construction Vehicles ($2.25M), and Other Aluminium Products ($1.8M). Over the past 5 years the exports of Chile to Ghana have increased at an annualized rate of 27.4%, from $10.2M in 2017 to $34.1M in 2022.

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

Ghana-Chile Trade: In 2022, Ghana exported $343k to Chile. The main products that Ghana exported to Chile were Rubber ($152k), Veneer Sheets ($94.5k), and Cocoa Paste ($53.3k). Over the past 5 years the exports of Ghana to Chile have increased at an annualized rate of 2.82%,  from $298k in 2017 to $343k in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $34.1M to Ghana. The main products exported from Chile to Ghana were Non-fillet Frozen Fish ($26.6M), Other Construction Vehicles ($2.25M), and Other Aluminium Products ($1.8M). During the last 5 years the exports of Chile to Ghana have increased at an annualized rate of 27.4%, from $10.2M in 2017 to $34.1M in 2022.

In 2017, Ghana exported $343k to Chile. The main products exported from Ghana to Chile were Rubber ($152k), Veneer Sheets ($94.5k), and Cocoa Paste ($53.3k). During the last 5 years the exports of Ghana to Chile have increased at an annualized rate of 2.82%, from $298k in 2022 to $343k in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Ghana
Top Destination
United Arab Emirates$4.72B

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

In 2022, countries that imported more from Chile than Ghana included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Ghana than Chile included United Arab Emirates ($4.72B), Switzerland ($3.37B), and India ($2.04B).

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

Comparative Advantage Chile - Ghana

Flow
Scale

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

During 2022, Chile had a large net trade with Ghana in the exports of Animal Products ($26.8M), Metals ($3.02M), and Machines ($2.89M).

During 2017, Ghana had a large net trade with Chile in the exports of Plastics and Rubbers ($153k), Wood Products ($95.2k), and Foodstuffs ($53.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Ghana+$484kOther Iron Products
Top Product Potential Ghana Chile+$235kRubber

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 Chile and Ghana. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Chile.

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

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