2023
Flag  
GDP
$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH
21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
 GDP
$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH
75.7%CURRENT US$
Rnk 33 / 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
$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH
75.8%CURRENT US$
Rnk 19 / 195

About

Ghana-Georgia Trade: In 2023, Ghana exported $471k to Georgia. The main products that Ghana exported to Georgia were Flavored Water ($356k), Tanned Equine and Bovine Hides ($74k), and Cars ($33k). Over the past 5 years the exports of Ghana to Georgia have increased at an annualized rate of 54.5%, from $53.6k in 2018 to $471k in 2023.

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

Georgia-Ghana Trade: In 2023, Georgia exported $7.63M to Ghana. The main products that Georgia exported to Ghana were Nitrogenous Fertilizers ($6.68M), Cars ($442k), and Seed Oils ($98.5k). Over the past 5 years the exports of Georgia to Ghana have increased at an annualized rate of 82.2%,  from $380k in 2018 to $7.63M in 2023.

In 2023, Georgia 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, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ghana exported $471k to Georgia. The main products exported from Ghana to Georgia were Flavored Water ($356k), Tanned Equine and Bovine Hides ($74k), and Cars ($33k). During the last 5 years the exports of Ghana to Georgia have increased at an annualized rate of 54.5%, from $53.6k in 2018 to $471k in 2023.

In 2018, Georgia exported $7.63M to Ghana. The main products exported from Georgia to Ghana were Nitrogenous Fertilizers ($6.68M), Cars ($442k), and Seed Oils ($98.5k). During the last 5 years the exports of Georgia to Ghana have increased at an annualized rate of 82.2%, from $380k in 2023 to $7.63M in 2018.

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

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

Latest Data

Trade between Ghana (Flag) and Georgia (Flag)

Ghana Exports

Georgia Exports

Market Competitiveness

Color
Ghana
Top Destination
Switzerland$6.49B
Georgia
Top Destination
Azerbaijan$828M

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

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

In 2023, countries that imported more from Georgia than Ghana included Azerbaijan ($828M), Armenia ($712M), and Russia ($657M).

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

Comparative Advantage Ghana - Georgia

Flow
Scale

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

During 2023, Ghana had a large net trade with Georgia in the exports of Foodstuffs ($356k), Animal Hides ($78.8k), and Transportation ($33k).

During 2018, Georgia had a large net trade with Ghana in the exports of Chemical Products ($6.75M), Transportation ($503k), and Machines ($132k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Georgia+$2.65kRefined Petroleum
Top Product Potential Georgia Ghana+$2.78kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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