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2023
Flag → Flag
Exports $148kRnk 127 / 172
2023
Flag → Flag
Top Product $49.6kPasta
2023
Flag → Flag
Exports $9.81kRnk 106 / 121
2023
Flag → Flag
Top Product $8kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC $2,260CURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195

About

Ghana-Cuba Trade: In 2023, Ghana exported $148k to Cuba. The main products that Ghana exported to Cuba were Pasta ($49.6k), Hard Liquor ($23.5k), and Rice ($9.5k). Over the past 6 years the exports of Ghana to Cuba have increased at an annualized rate of 59.7%, from $8.91k in 2017 to $148k in 2023.

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

Cuba-Ghana Trade: In 2023, Cuba exported $9.81k to Ghana. The main products that Cuba exported to Ghana were Hard Liquor ($8k), Rough Wood ($914), and Rubber Footwear ($894). Over the past 6 years the exports of Cuba to Ghana have decreased at an annualized rate of 0.73%,  from $10.2k in 2017 to $9.81k in 2023.

In 2023, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ghana exported $148k to Cuba. The main products exported from Ghana to Cuba were Pasta ($49.6k), Hard Liquor ($23.5k), and Rice ($9.5k). During the last 6 years the exports of Ghana to Cuba have increased at an annualized rate of 59.7%, from $8.91k in 2017 to $148k in 2023.

In 2018, Cuba exported $9.81k to Ghana. The main products exported from Cuba to Ghana were Hard Liquor ($8k), Rough Wood ($914), and Rubber Footwear ($894). During the last 5 years the exports of Cuba to Ghana have decreased at an annualized rate of 0.73%, from $10.2k in 2023 to $9.81k in 2018.

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

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

Latest Data

Trade between Ghana (Flag) and Cuba (Flag)

Ghana Exports

Date

Market Competitiveness

Color
Ghana
Top DestinationSwitzerland$6.49B
Cuba
Top DestinationChina$358M

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

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

In 2023, countries that imported more from Cuba than Ghana included Cyprus ($42.5M), Macau ($29.2M), and Luxembourg ($7.92M).

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

Comparative Advantage Ghana - Cuba

Flow
Scale

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

During 2023, Ghana had a large net trade with Cuba in the exports of Foodstuffs ($87.9k), Chemical Products ($19.2k), and Vegetable Products ($18k).

During 2018, Cuba had a large net trade with Ghana in the exports of Foodstuffs ($8k), Wood Products ($914), and Footwear and Headwear ($894).

Economic Complexity

Competitive Landscape

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

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

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