Ghana (GHA) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Ghana-Guinea Trade: In 2023, Ghana exported $33.2M to Guinea. The main products that Ghana exported to Guinea were Iron Blocks ($5.82M), Unglazed Ceramics ($2.71M), and Packaged Medicaments ($2.16M). Over the past 6 years the exports of Ghana to Guinea have increased at an annualized rate of 11.2%, from $17.5M in 2017 to $33.2M in 2023.

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

Guinea-Ghana Trade: In 2023, Guinea exported $2.18M to Ghana. The main products that Guinea exported to Ghana were Large Construction Vehicles ($618k), Scrap Aluminium ($553k), and Flavored Water ($482k). Over the past 6 years the exports of Guinea to Ghana have increased at an annualized rate of 6.89%, from $1.56M in 2017 to $2.18M in 2023.

In 2023, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ghana exported $33.2M to Guinea. The main products exported from Ghana to Guinea were Iron Blocks ($5.82M), Unglazed Ceramics ($2.71M), and Packaged Medicaments ($2.16M). During the last 6 years the exports of Ghana to Guinea have increased at an annualized rate of 11.2%, from $17.5M in 2017 to $33.2M in 2023.

In 2018, Guinea exported $2.18M to Ghana. The main products exported from Guinea to Ghana were Large Construction Vehicles ($618k), Scrap Aluminium ($553k), and Flavored Water ($482k). During the last 5 years the exports of Guinea to Ghana have increased at an annualized rate of 6.89%, from $1.56M in 2023 to $2.18M in 2018.

Exports from Ghana () to Guinea () (2023)

Exports from Guinea () to Ghana () (2023)

Latest Data

Trade between Ghana () and Guinea ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationSwitzerland$6.49B

Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Ghana than Guinea included Switzerland ($6.49B), South Africa ($1.85B), and United States ($1.74B).

In 2023, countries that imported more from Guinea than Ghana included China ($6.41B), United Arab Emirates ($9.05B), and Ireland ($99M).

Difference in imports from Guinea () and Ghana () (2023)

Comparative Advantage Ghana - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ghana had a large net trade with Guinea in the exports of Metals ($13.9M), Chemical Products ($5.77M), and Foodstuffs ($3.46M).

During 2018, Guinea had a large net trade with Ghana in the exports of Machines ($914k), Metals ($554k), and Foodstuffs ($497k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Guinea+$2.86kRefined Petroleum

Top Product Potential Guinea Ghana+$2.19kNon-fillet Frozen Fish

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Guinea () (2023)

Exports from Guinea () to Ghana () (2023)

Latest Data

Trade between Ghana () and Guinea ()

Ghana Exports

Market Competitiveness

Difference in imports from Guinea () and Ghana () (2023)

Comparative Advantage Ghana - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Guinea () (2023)

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