Ghana (GHA) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Ghana-Bangladesh Trade: In 2019, Ghana exported $1M to Bangladesh. The main products that Ghana exported to Bangladesh were N/A. Over the past 5 years the exports of Ghana to Bangladesh have increased at an annualized rate of 35%, from $224k in 2014 to $1M in 2019.

In 2019, Ghana did not export any services to Bangladesh.

Bangladesh-Ghana Trade: In 2019, Bangladesh exported $1.44M to Ghana. The main products that Bangladesh exported to Ghana were N/A. Over the past 5 years the exports of Bangladesh to Ghana have increased at an annualized rate of 1.69%, from $1.2M in 2014 to $1.44M in 2019.

In 2019, Bangladesh did not export any services to Ghana.

Comparison: In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Ghana exported $1M to Bangladesh. There were not main exports from Ghana to Bangladesh in 2019. During the last 5 years the exports of Ghana to Bangladesh have increased at an annualized rate of 35%, from $224k in 2014 to $1M in 2019.

In 2014, Bangladesh exported $1.44M to Ghana. There were not main exports from Bangladesh to Ghana in 2014. During the last 5 years the exports of Bangladesh to Ghana have increased at an annualized rate of 1.69%, from $1.2M in 2019 to $1.44M in 2014.

Exports from Ghana () to Bangladesh () (2019)

Exports from Bangladesh () to Ghana () (2019)

Latest Data

Trade between Ghana () and Bangladesh ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Ghana than Bangladesh included United Arab Emirates ($4.72B), Switzerland ($3.37B), and China ($2.01B).

In 2022, countries that imported more from Bangladesh than Ghana included Germany ($10.2B), United States ($11.7B), and Spain ($4.41B).

Difference in imports from Bangladesh () and Ghana () (2022)

Comparative Advantage Ghana - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Ghana had a large net trade with Bangladesh in the exports of .

During 2014, Bangladesh had a large net trade with Ghana in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Bangladesh+$6.86kGold

Top Product Potential Bangladesh Ghana+$3.91kKnit T-shirts

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Bangladesh () (2019)

Exports from Bangladesh () to Ghana () (2019)

Latest Data

Trade between Ghana () and Bangladesh ()

Ghana Exports

Market Competitiveness

Difference in imports from Bangladesh () and Ghana () (2022)

Comparative Advantage Ghana - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Bangladesh () (2019)

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