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2023
Flag → Flag
Exports $128kRnk 129 / 172
2023
Flag → Flag
Top Product $78.4kSawn Wood
2023
Flag → Flag
Exports $81.9kRnk 79 / 139
2023
Flag → Flag
Top Product $77.8kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $2,260CURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Ghana-Barbados Trade: In 2023, Ghana exported $128k to Barbados. The main products that Ghana exported to Barbados were Sawn Wood ($78.4k), Packaged Medicaments ($26.4k), and Video Recording Equipment ($3.11k). Over the past 5 years the exports of Ghana to Barbados have increased at an annualized rate of 1.27%, from $120k in 2018 to $128k in 2023.

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

Barbados-Ghana Trade: In 2023, Barbados exported $81.9k to Ghana. The main products that Barbados exported to Ghana were Hard Liquor ($77.8k), Glass Mirrors ($1.51k), and Raw Sugar ($1.12k). Over the past 5 years the exports of Barbados to Ghana have decreased at an annualized rate of 0.68%,  from $84.7k in 2018 to $81.9k in 2023.

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

Comparison In 2023,  Ghana ranked 109 in the Economic Complexity Index (ECI -0.97),  and 71 in total exports ($27.1B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ghana exported $128k to Barbados. The main products exported from Ghana to Barbados were Sawn Wood ($78.4k), Packaged Medicaments ($26.4k), and Video Recording Equipment ($3.11k). During the last 5 years the exports of Ghana to Barbados have increased at an annualized rate of 1.27%, from $120k in 2018 to $128k in 2023.

In 2018, Barbados exported $81.9k to Ghana. The main products exported from Barbados to Ghana were Hard Liquor ($77.8k), Glass Mirrors ($1.51k), and Raw Sugar ($1.12k). During the last 5 years the exports of Barbados to Ghana have decreased at an annualized rate of 0.68%, from $84.7k in 2023 to $81.9k in 2018.

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

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

Latest Data

Trade between Ghana (Flag) and Barbados (Flag)

Ghana Exports

Barbados Exports

Market Competitiveness

Color
Ghana
Top DestinationSwitzerland$6.49B
Barbados
Top DestinationUnited States$91M

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 2023, countries that imported more from Ghana than Barbados included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

In 2023, countries that imported more from Barbados than Ghana included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Guyana ($24.6M).

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

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 2023, Ghana had a large net trade with Barbados in the exports of Wood Products ($79.4k), Chemical Products ($27.9k), and Textiles ($7.88k).

During 2018, Barbados had a large net trade with Ghana in the exports of Foodstuffs ($79.6k), Stone And Glass ($1.51k), and Vegetable Products ($498).

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) (2023)

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