Ghana (GHA) and Kazakhstan (KAZ) Trade | The Observatory of Economic Complexity

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Ghana-Kazakhstan Trade: In 2023, Ghana exported $32.4M to Kazakhstan. The main products that Ghana exported to Kazakhstan were Cocoa Beans ($32M), Cocoa Powder ($357k), and Other Processed Fruits and Nuts ($13.8k). Over the past 5 years the exports of Ghana to Kazakhstan have increased at an annualized rate of 8.99%, from $21.1M in 2018 to $32.4M in 2023.

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

Kazakhstan-Ghana Trade: In 2023, Kazakhstan exported $45.7M to Ghana. The main products that Kazakhstan exported to Ghana were Crude Petroleum ($45.5M), Electric Batteries ($113k), and Excavation Machinery ($72.5k). Over the past 5 years the exports of Kazakhstan to Ghana have increased at an annualized rate of 132%, from $683k in 2018 to $45.7M in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ghana exported $32.4M to Kazakhstan. The main products exported from Ghana to Kazakhstan were Cocoa Beans ($32M), Cocoa Powder ($357k), and Other Processed Fruits and Nuts ($13.8k). During the last 5 years the exports of Ghana to Kazakhstan have increased at an annualized rate of 8.99%, from $21.1M in 2018 to $32.4M in 2023.

In 2018, Kazakhstan exported $45.7M to Ghana. The main products exported from Kazakhstan to Ghana were Crude Petroleum ($45.5M), Electric Batteries ($113k), and Excavation Machinery ($72.5k). During the last 5 years the exports of Kazakhstan to Ghana have increased at an annualized rate of 132%, from $683k in 2023 to $45.7M in 2018.

Exports from Ghana () to Kazakhstan () (2023)

Exports from Kazakhstan () to Ghana () (2023)

Latest Data

Trade between Ghana () and Kazakhstan ()

Ghana Exports

Date

Kazakhstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationSwitzerland$6.49B

Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Ghana than Kazakhstan included United Arab Emirates ($4.93B), Switzerland ($6.49B), and South Africa ($1.85B).

In 2023, countries that imported more from Kazakhstan than Ghana included United Kingdom ($14.3B), China ($15.2B), and Russia ($9.78B).

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

Comparative Advantage Ghana - Kazakhstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ghana had a large net trade with Kazakhstan in the exports of Foodstuffs ($32.4M), Plastics and Rubbers ($997), and Animal Hides ($811).

During 2018, Kazakhstan had a large net trade with Ghana in the exports of Mineral Products ($45.5M), Machines ($186k), and Metals ($19.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Kazakhstan+$15.4kOther Processed Fruits and Nuts

Top Product Potential Kazakhstan Ghana+$84.8kConfectionery Sugar

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Kazakhstan () (2023)

Exports from Kazakhstan () to Ghana () (2023)

Latest Data

Trade between Ghana () and Kazakhstan ()

Ghana Exports

Kazakhstan Exports

Market Competitiveness

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

Comparative Advantage Ghana - Kazakhstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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