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2022
Flag → Flag
Exports $65.7kRnk 107 / 133
2022
Flag → Flag
Top Product $39.5kPrefabricated Buildings
2022
Flag → Flag
Exports $18.7kRnk 102 / 139
2022
Flag → Flag
Top Product $15.7kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC $2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Ghana-Barbados Trade: In 2022, Ghana exported $65.7k to Barbados. The main products that Ghana exported to Barbados were Prefabricated Buildings ($39.5k), Other Furniture ($6.16k), and Non-Knit Women's Suits ($3.41k). Over the past 5 years the exports of Ghana to Barbados have decreased at an annualized rate of 26.2%, from $301k in 2017 to $65.7k in 2022.

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

Barbados-Ghana Trade: In 2022, Barbados exported $18.7k to Ghana. The main products that Barbados exported to Ghana were Hard Liquor ($15.7k), Flavored Water ($2.81k), and Animal Food ($49). Over the past 5 years the exports of Barbados to Ghana have increased at an annualized rate of 102%,  from $562 in 2017 to $18.7k in 2022.

In 2022, Barbados 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, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $65.7k to Barbados. The main products exported from Ghana to Barbados were Prefabricated Buildings ($39.5k), Other Furniture ($6.16k), and Non-Knit Women's Suits ($3.41k). During the last 5 years the exports of Ghana to Barbados have decreased at an annualized rate of 26.2%, from $301k in 2017 to $65.7k in 2022.

In 2017, Barbados exported $18.7k to Ghana. The main products exported from Barbados to Ghana were Hard Liquor ($15.7k), Flavored Water ($2.81k), and Animal Food ($49). During the last 5 years the exports of Barbados to Ghana have increased at an annualized rate of 102%, from $562 in 2022 to $18.7k in 2017.

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

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

Latest Data

Trade between Ghana (Flag) and Barbados (Flag)

Ghana Exports

Barbados Exports

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Barbados
Top DestinationUnited States$88.6M

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

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

In 2022, countries that imported more from Barbados than Ghana included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

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

Comparative Advantage Ghana - Barbados

Flow
Scale

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

During 2022, Ghana had a large net trade with Barbados in the exports of Miscellaneous ($46.7k), Textiles ($8.41k), and Animal Hides ($2.45k).

During 2017, Barbados had a large net trade with Ghana in the exports of Foodstuffs ($18.6k), Paper Goods ($31), and Mineral Products ($24).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ghana and Barbados. This means that a dot/product with the flag of Ghana indicates it has a comparative advantage over Barbados. Similarly, a dot/product with the flag of Barbados indicates it has a comparative advantage over Ghana.

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

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