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Pricing

2022
Flag → Flag
Exports $291kRnk 90 / 133
2022
Flag → Flag
Top Product $249kCocoa Powder
2022
Flag → Flag
Exports $259kRnk 122 / 162
2022
Flag → Flag
Top Product $136kOther Footwear
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC $2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Ghana-Guatemala Trade: In 2022, Ghana exported $291k to Guatemala. The main products that Ghana exported to Guatemala were Cocoa Powder ($249k), Sawn Wood ($41.4k), and Imitation Jewellery ($695). Over the past 5 years the exports of Ghana to Guatemala have increased at an annualized rate of 23.8%, from $100k in 2017 to $291k in 2022.

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

Guatemala-Ghana Trade: In 2022, Guatemala exported $259k to Ghana. The main products that Guatemala exported to Ghana were Other Footwear ($136k), Plastic Lids ($80.3k), and Mixed Mineral or Chemical Fertilizers ($34.7k). Over the past 5 years the exports of Guatemala to Ghana have decreased at an annualized rate of 60.3%,  from $26.4M in 2017 to $259k in 2022.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Latest Data

Trade between Ghana (Flag) and Guatemala (Flag)

Ghana Exports

Guatemala Exports

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Ghana than Guatemala included United Arab Emirates ($4.72B), Switzerland ($3.37B), and India ($2.04B).

In 2022, countries that imported more from Guatemala than Ghana included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

Difference in imports from Guatemala (Flag) and Ghana (Flag) (2022)

Potential Exports

Potential Exports

Depth
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Top Product Potential Ghana Guatemala+$107kCocoa Powder
Top Product Potential Guatemala Ghana+$191kPlastic Lids

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

Product Space of Ghana (Flag) and Guatemala (Flag) (NaN)

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