Ghana (GHA) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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Ghana-Bermuda Trade: In 2022, Ghana exported $8.07k to Bermuda. The main products that Ghana exported to Bermuda were Trunks and Cases ($1.15k), Hair Products ($858), and Knit T-shirts ($765). Over the past 5 years the exports of Ghana to Bermuda have decreased at an annualized rate of 1.82%, from $8.84k in 2017 to $8.07k in 2022.

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

Bermuda-Ghana Trade: In 2022, Bermuda exported $550 to Ghana. The main products that Bermuda exported to Ghana were N/A. Over the past 5 years the exports of Bermuda to Ghana have decreased at an annualized rate of 22.3%, from $5.32k in 2017 to $550 in 2022.

In 2022, Bermuda 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, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ghana exported $8.07k to Bermuda. The main products exported from Ghana to Bermuda were Trunks and Cases ($1.15k), Hair Products ($858), and Knit T-shirts ($765). During the last 5 years the exports of Ghana to Bermuda have decreased at an annualized rate of 1.82%, from $8.84k in 2017 to $8.07k in 2022.

In 2014, Bermuda exported $550 to Ghana. There were not main exports from Bermuda to Ghana in 2014. During the last 5 years the exports of Bermuda to Ghana have decreased at an annualized rate of 22.3%, from $5.32k in 2019 to $550 in 2014.

Exports from Ghana () to Bermuda () (2022)

Exports from Bermuda () to Ghana () (2022)

Latest Data

Trade between Ghana () and Bermuda ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from Ghana than Bermuda included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

In 2022, countries that imported more from Bermuda than Ghana included Zambia ($17.5M), Tanzania ($5.76M), and Cyprus ($2.39M).

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

Comparative Advantage Ghana - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Bermuda in the exports of Textiles ($3.83k), Chemical Products ($1.23k), and Animal Hides ($1.15k).

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

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Bermuda () (2022)

Exports from Bermuda () to Ghana () (2022)

Latest Data

Trade between Ghana () and Bermuda ()

Ghana Exports

Market Competitiveness

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

Comparative Advantage Ghana - Bermuda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Bermuda () (2022)

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