Czechia (CZE) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Czechia-Ghana Trade: In 2023, Czechia exported $21M to Ghana. The main products that Czechia exported to Ghana were Cyanides ($1.21M), Other Heating Machinery ($891k), and Other Furniture ($841k). Over the past 5 years the exports of Czechia to Ghana have increased at an annualized rate of 7.53%, from $14.6M in 2018 to $21M in 2023.

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

Ghana-Czechia Trade: In 2023, Ghana exported $4.63M to Czechia. The main products that Ghana exported to Czechia were Processed Fish ($1.74M), Bananas ($921k), and Cocoa Powder ($470k). Over the past 5 years the exports of Ghana to Czechia have decreased at an annualized rate of 10.2%, from $7.94M in 2018 to $4.63M in 2023.

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

Comparison: In 2023, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). 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, Czechia exported $21M to Ghana. The main products exported from Czechia to Ghana were Cyanides ($1.21M), Other Heating Machinery ($891k), and Other Furniture ($841k). During the last 5 years the exports of Czechia to Ghana have increased at an annualized rate of 7.53%, from $14.6M in 2018 to $21M in 2023.

In 2018, Ghana exported $4.63M to Czechia. The main products exported from Ghana to Czechia were Processed Fish ($1.74M), Bananas ($921k), and Cocoa Powder ($470k). During the last 5 years the exports of Ghana to Czechia have decreased at an annualized rate of 10.2%, from $7.94M in 2023 to $4.63M in 2018.

Exports from Czechia () to Ghana () (2023)

Exports from Ghana () to Czechia () (2023)

Latest Data

Trade between Czechia () and Ghana ()

Czechia Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Czechia than Ghana included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

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

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

Comparative Advantage Czechia - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Ghana in the exports of Machines ($8.36M), Metals ($3.16M), and Miscellaneous ($2.34M).

During 2018, Ghana had a large net trade with Czechia in the exports of Foodstuffs ($2.23M), Vegetable Products ($1.26M), and Machines ($481k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Ghana+$3.11MComputers

Top Product Potential Ghana Czechia+$833kRubber

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

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Historical Data

Bilateral Trade by Products

Exports from Czechia () to Ghana () (2023)

Exports from Ghana () to Czechia () (2023)

Latest Data

Trade between Czechia () and Ghana ()

Czechia Exports

Ghana Exports

Market Competitiveness

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

Comparative Advantage Czechia - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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