2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC 
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Ghana-Kazakhstan Trade: In 2022, Ghana exported $23.3M to Kazakhstan. The main products that Ghana exported to Kazakhstan were Cocoa Beans ($23.3M), Other Processed Fruits and Nuts ($3.17k), and Plant foliage ($718). Over the past 5 years the exports of Ghana to Kazakhstan have increased at an annualized rate of 2.1%, from $21M in 2017 to $23.3M in 2022.

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

Kazakhstan-Ghana Trade: In 2022, Kazakhstan exported $208k to Ghana. The main products that Kazakhstan exported to Ghana were Tanned Equine and Bovine Hides ($140k), Confectionery Sugar ($67.2k), and Other Plastic Products ($1.26k). Over the past 5 years the exports of Kazakhstan to Ghana have increased at an annualized rate of 10.4%,  from $94.3k in 2017 to $208k in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $23.3M to Kazakhstan. The main products exported from Ghana to Kazakhstan were Cocoa Beans ($23.3M), Other Processed Fruits and Nuts ($3.17k), and Plant foliage ($718). During the last 5 years the exports of Ghana to Kazakhstan have increased at an annualized rate of 2.1%, from $21M in 2017 to $23.3M in 2022.

In 2017, Kazakhstan exported $208k to Ghana. The main products exported from Kazakhstan to Ghana were Tanned Equine and Bovine Hides ($140k), Confectionery Sugar ($67.2k), and Other Plastic Products ($1.26k). During the last 5 years the exports of Kazakhstan to Ghana have increased at an annualized rate of 10.4%, from $94.3k in 2022 to $208k in 2017.

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

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

Latest Data

Trade between Ghana (Flag) and Kazakhstan (Flag)

Ghana Exports

Kazakhstan Exports

Market Competitiveness

Color
Ghana
Top Destination
United Arab Emirates$4.72B
Kazakhstan
Top Destination
China$13.4B

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 2022, countries that imported more from Ghana than Kazakhstan included United Arab Emirates ($4.72B), United States ($2.83B), and Malaysia ($304M).

In 2022, countries that imported more from Kazakhstan than Ghana included Italy ($12.4B), China ($13.4B), and Russia ($8.78B).

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

Comparative Advantage Ghana - Kazakhstan

Flow
Scale

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

During 2022, Ghana had a large net trade with Kazakhstan in the exports of Foodstuffs ($23.3M), Vegetable Products ($1.04k), and Instruments ($315).

During 2017, Kazakhstan had a large net trade with Ghana in the exports of Animal Hides ($140k), Foodstuffs ($67.2k), and Plastics and Rubbers ($1.26k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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