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2023
Flag → Flag
Exports $4MRnk 98 / 174
2023
Flag → Flag
Top Product $2.76MPalm Oil
2023
Flag → Flag
Exports $271kRnk 117 / 172
2023
Flag → Flag
Top Product $170kNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 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 $6,610CURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC$2,260CURRENT US$
Rnk 152 / 196
2013-2023
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GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195

About

Ecuador-Ghana Trade: In 2023, Ecuador exported $4M to Ghana. The main products that Ecuador exported to Ghana were Palm Oil ($2.76M), Non-fillet Frozen Fish ($1M), and Bananas ($48.6k). Over the past 5 years the exports of Ecuador to Ghana have increased at an annualized rate of 19%, from $1.67M in 2018 to $4M in 2023.

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

Ghana-Ecuador Trade: In 2023, Ghana exported $271k to Ecuador. The main products that Ghana exported to Ecuador were Non-fillet Frozen Fish ($170k), Other Inedible Animal Products ($47.9k), and Orthopedic Appliances ($36.3k). Over the past 5 years the exports of Ghana to Ecuador have increased at an annualized rate of 152%,  from $2.69k in 2018 to $271k in 2023.

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

Comparison: In 2023,  Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B). 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, Ecuador 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 Ecuador 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 Ecuador to Ghana were Non-fillet Frozen Fish ($854k). In N/A the top imports of Ecuador from Ghana were .

Origins In N/A the exports of Ecuador were mainly from Guayaquil-Marítimo ($335k), while imports destinations were mainly N/A.

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

Latest Trade

Time Scale
Flow
Value
Depth
MAIN EXPORTER (N/A)Guayaquil-Marítimo$335k

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

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

For full datasets download visit Bulk Download page.

Explore Ghana and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $4M to Ghana. The main products exported from Ecuador to Ghana were Palm Oil ($2.76M), Non-fillet Frozen Fish ($1M), and Bananas ($48.6k). During the last 5 years the exports of Ecuador to Ghana have increased at an annualized rate of 19%, from $1.67M in 2018 to $4M in 2023.

In 2018, Ghana exported $271k to Ecuador. The main products exported from Ghana to Ecuador were Non-fillet Frozen Fish ($170k), Other Inedible Animal Products ($47.9k), and Orthopedic Appliances ($36.3k). During the last 5 years the exports of Ghana to Ecuador have increased at an annualized rate of 152%, from $2.69k in 2023 to $271k in 2018.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$8.34B
Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Ecuador than Ghana included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

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

Comparative Advantage Ecuador - Ghana

Flow
Scale

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

During 2023, Ecuador had a large net trade with Ghana in the exports of Animal and Vegetable Bi-Products ($2.76M), Animal Products ($1.03M), and Foodstuffs ($79.7k).

During 2018, Ghana had a large net trade with Ecuador in the exports of Animal Products ($218k), Instruments ($37.5k), and Transportation ($9.58k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Ghana+$4.6kRefined Petroleum
Top Product Potential Ghana Ecuador+$3.78kRefined 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 Ecuador and Ghana. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Ecuador.

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

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