2023
Flag  
GDP
$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH
21.6%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-Greenland Trade: In 2023, Ghana exported $78.4k to Greenland. The main products that Ghana exported to Greenland were Cocoa Powder ($78.4k). Over the past 25 years the exports of Ghana to Greenland have increased at an annualized rate of 16.3%, from $1.78k in 1998 to $78.4k in 2023.

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

Greenland-Ghana Trade: In 2023, Greenland exported $48.5k to Ghana. The main products that Greenland exported to Ghana were Other Plastic Sheetings ($32.4k), Laboratory Reagents ($8.2k), and Seats ($2.59k). Over the past 25 years the exports of Greenland to Ghana have decreased at an annualized rate of 9.9%,  from $81.7k in 1998 to $48.5k in 2023.

In 2023, Greenland 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, Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ghana exported $78.4k to Greenland. The main products exported from Ghana to Greenland were Cocoa Powder ($78.4k). During the last 25 years the exports of Ghana to Greenland have increased at an annualized rate of 16.3%, from $1.78k in 1998 to $78.4k in 2023.

In 2018, Greenland exported $48.5k to Ghana. The main products exported from Greenland to Ghana were Other Plastic Sheetings ($32.4k), Laboratory Reagents ($8.2k), and Seats ($2.59k). During the last 5 years the exports of Greenland to Ghana have decreased at an annualized rate of 9.9%, from $81.7k in 2023 to $48.5k in 2018.

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

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

Market Competitiveness

Color
Ghana
Top Destination
Switzerland$6.49B
Greenland
Top Destination
Denmark$830M

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

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

In 2023, countries that imported more from Greenland than Ghana included Denmark ($830M), Iceland ($38.3M), and Norway ($41.1M).

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

Comparative Advantage Ghana - Greenland

Flow
Scale

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

During 2023, Ghana had a large net trade with Greenland in the exports of Foodstuffs ($78.4k).

During 2018, Greenland had a large net trade with Ghana in the exports of Plastics and Rubbers ($32.8k), Chemical Products ($8.76k), and Miscellaneous ($4.51k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with