Ghana (GHA) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Ghana-Cyprus Trade: In 2022, Ghana exported $138k to Cyprus. The main products that Ghana exported to Cyprus were Sawn Wood ($113k), Beauty Products ($9.37k), and Fake Hair ($3.16k). Over the past 5 years the exports of Ghana to Cyprus have increased at an annualized rate of 7.49%, from $96.2k in 2017 to $138k in 2022.

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

Cyprus-Ghana Trade: In 2022, Cyprus exported $2.95M to Ghana. The main products that Cyprus exported to Ghana were Aluminium Foil ($2.01M), Fruit Juice ($519k), and Liquid Dispersing Machines ($132k). Over the past 5 years the exports of Cyprus to Ghana have increased at an annualized rate of 3.92%, from $1.86M in 2017 to $2.95M in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), 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 $138k to Cyprus. The main products exported from Ghana to Cyprus were Sawn Wood ($113k), Beauty Products ($9.37k), and Fake Hair ($3.16k). During the last 5 years the exports of Ghana to Cyprus have increased at an annualized rate of 7.49%, from $96.2k in 2017 to $138k in 2022.

In 2017, Cyprus exported $2.95M to Ghana. The main products exported from Cyprus to Ghana were Aluminium Foil ($2.01M), Fruit Juice ($519k), and Liquid Dispersing Machines ($132k). During the last 5 years the exports of Cyprus to Ghana have increased at an annualized rate of 3.92%, from $1.86M in 2022 to $2.95M in 2017.

Exports from Ghana () to Cyprus () (2022)

Exports from Cyprus () to Ghana () (2022)

Latest Data

Trade between Ghana () and Cyprus ()

Ghana Exports

Date

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Ghana included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

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

Comparative Advantage Ghana - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Cyprus in the exports of Wood Products ($115k), Chemical Products ($9.92k), and Vegetable Products ($5.42k).

During 2017, Cyprus had a large net trade with Ghana in the exports of Metals ($2.01M), Foodstuffs ($562k), and Machines ($133k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Cyprus () (2022)

Exports from Cyprus () to Ghana () (2022)

Latest Data

Trade between Ghana () and Cyprus ()

Ghana Exports

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Ghana - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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