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2022
Flag → Flag
Exports $119kRnk 101 / 133
2022
Flag → Flag
Top Product $62.4kProcessed Fish
2022
Flag → Flag
Exports $2.35MRnk 99 / 182
2022
Flag → Flag
Top Product $2.09MElectrical Transformers
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 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$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Ghana-Croatia Trade: In 2022, Ghana exported $119k to Croatia. The main products that Ghana exported to Croatia were Processed Fish ($62.4k), Citrus ($35.7k), and Other Pure Vegetable Oils ($19k). Over the past 5 years the exports of Ghana to Croatia have decreased at an annualized rate of 27.9%, from $612k in 2017 to $119k in 2022.

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

Croatia-Ghana Trade: In 2022, Croatia exported $2.35M to Ghana. The main products that Croatia exported to Ghana were Electrical Transformers ($2.09M), Industrial Food Preperation Machinery ($102k), and Equine and Bovine Hides ($58.8k). Over the past 5 years the exports of Croatia to Ghana have increased at an annualized rate of 0.21%,  from $2.3M in 2017 to $2.35M in 2022.

In 2022, Croatia 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $119k to Croatia. The main products exported from Ghana to Croatia were Processed Fish ($62.4k), Citrus ($35.7k), and Other Pure Vegetable Oils ($19k). During the last 5 years the exports of Ghana to Croatia have decreased at an annualized rate of 27.9%, from $612k in 2017 to $119k in 2022.

In 2017, Croatia exported $2.35M to Ghana. The main products exported from Croatia to Ghana were Electrical Transformers ($2.09M), Industrial Food Preperation Machinery ($102k), and Equine and Bovine Hides ($58.8k). During the last 5 years the exports of Croatia to Ghana have increased at an annualized rate of 0.21%, from $2.3M in 2022 to $2.35M in 2017.

Exports from Ghana (Flag) to Croatia (Flag) (2022)

Exports from Croatia (Flag) to Ghana (Flag) (2022)

Latest Data

Trade between Ghana (Flag) and Croatia (Flag)

Ghana Exports

Croatia Exports

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Croatia
Top DestinationItaly$3.44B

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

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

In 2022, countries that imported more from Croatia than Ghana included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

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

Comparative Advantage Ghana - Croatia

Flow
Scale

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

During 2022, Ghana had a large net trade with Croatia in the exports of Foodstuffs ($62.4k), Vegetable Products ($35.7k), and Animal and Vegetable Bi-Products ($19k).

During 2017, Croatia had a large net trade with Ghana in the exports of Machines ($2.2M), Animal Hides ($58.8k), and Wood Products ($56.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Croatia+$122kProcessed Fish
Top Product Potential Croatia Ghana+$501kElectrical Transformers

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

Product Space of Ghana (Flag) and Croatia (Flag) (2022)

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