Ghana (GHA) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Ghana-Netherlands Trade: In 2023, Ghana exported $522M to Netherlands. The main products that Ghana exported to Netherlands were Cocoa Butter ($127M), Cocoa Beans ($113M), and Cocoa Paste ($65.9M). Over the past 5 years the exports of Ghana to Netherlands have decreased at an annualized rate of 14.3%, from $1.13B in 2018 to $522M in 2023.

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

Netherlands-Ghana Trade: In 2023, Netherlands exported $1.58B to Ghana. The main products that Netherlands exported to Ghana were Refined Petroleum ($1.27B), Poultry Meat ($59.5M), and Margarine ($14.3M). Over the past 5 years the exports of Netherlands to Ghana have increased at an annualized rate of 28.3%, from $454M in 2018 to $1.58B in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ghana exported $522M to Netherlands. The main products exported from Ghana to Netherlands were Cocoa Butter ($127M), Cocoa Beans ($113M), and Cocoa Paste ($65.9M). During the last 5 years the exports of Ghana to Netherlands have decreased at an annualized rate of 14.3%, from $1.13B in 2018 to $522M in 2023.

In 2018, Netherlands exported $1.58B to Ghana. The main products exported from Netherlands to Ghana were Refined Petroleum ($1.27B), Poultry Meat ($59.5M), and Margarine ($14.3M). During the last 5 years the exports of Netherlands to Ghana have increased at an annualized rate of 28.3%, from $454M in 2023 to $1.58B in 2018.

Exports from Ghana () to Netherlands () (2023)

Exports from Netherlands () to Ghana () (2023)

Latest Data

Trade between Ghana () and Netherlands ()

Ghana Exports

Date

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationSwitzerland$6.49B

Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Ghana than Netherlands included United Arab Emirates ($4.93B), Burkina Faso ($574M), and South Africa ($1.85B).

In 2023, countries that imported more from Netherlands than Ghana included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Ghana - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ghana had a large net trade with Netherlands in the exports of Foodstuffs ($388M), Animal and Vegetable Bi-Products ($56.4M), and Vegetable Products ($25.2M).

During 2018, Netherlands had a large net trade with Ghana in the exports of Mineral Products ($1.28B), Animal Products ($88.1M), and Machines ($63.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Netherlands+$36.6MCrude Petroleum

Top Product Potential Netherlands Ghana+$5.95MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Netherlands () (2023)

Exports from Netherlands () to Ghana () (2023)

Latest Data

Trade between Ghana () and Netherlands ()

Ghana Exports

Netherlands Exports

Market Competitiveness

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

Comparative Advantage Ghana - Netherlands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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