2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 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
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
Rnk 185 / 186

About

Ghana-Libya Trade: In 2019, Ghana exported $1.13k to Libya. The main products that Ghana exported to Libya were N/A. Over the past 7 years the exports of Ghana to Libya have decreased at an annualized rate of 40.6%, from $43.3k in 2012 to $1.13k in 2019.

In 2019, Ghana did not export any services to Libya.

Libya-Ghana Trade: In 2019, Libya exported $223k to Ghana. The main products that Libya exported to Ghana were N/A. Over the past 7 years the exports of Libya to Ghana have decreased at an annualized rate of 24.5%,  from $911k in 2012 to $223k in 2019.

In 2019, Libya 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, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Ghana exported $1.13k to Libya. There were not main exports from Ghana to Libya in 2019. During the last 7 years the exports of Ghana to Libya have decreased at an annualized rate of 40.6%, from $43.3k in 2012 to $1.13k in 2019.

In 2014, Libya exported $223k to Ghana. There were not main exports from Libya to Ghana in 2014. During the last 5 years the exports of Libya to Ghana have decreased at an annualized rate of 24.5%, from $911k in 2019 to $223k in 2014.

Exports from Ghana (Flag) to Libya (Flag) (2019)

Exports from Libya (Flag) to Ghana (Flag) (2019)

Latest Data

Trade between Ghana (Flag) and Libya (Flag)

Ghana Exports

Market Competitiveness

Color
Ghana
Top Destination
United Arab Emirates$4.72B
Libya
Top Destination
Italy$9.26B

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

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

In 2022, countries that imported more from Libya than Ghana included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

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

Comparative Advantage Ghana - Libya

Flow
Scale

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

During 2019, Ghana had a large net trade with Libya in the exports of .

During 2014, Libya had a large net trade with Ghana in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Libya+$3.92kRefined Petroleum
Top Product Potential Libya Ghana+$3.97kRefined Petroleum

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

Product Space of Ghana (Flag) and Libya (Flag) (2019)

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