Ghana (GHA) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Ghana-Philippines Trade: In 2023, Ghana exported $2.09M to Philippines. The main products that Ghana exported to Philippines were Cocoa Paste ($1.74M), Cocoa Powder ($74.7k), and Cocoa Beans ($68.8k). Over the past 5 years the exports of Ghana to Philippines have increased at an annualized rate of 19.6%, from $853k in 2018 to $2.09M in 2023.

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

Philippines-Ghana Trade: In 2023, Philippines exported $4.58M to Ghana. The main products that Philippines exported to Ghana were Activated Carbon ($2.07M), Small Iron Containers ($1.06M), and Office Machine Parts ($267k). Over the past 5 years the exports of Philippines to Ghana have decreased at an annualized rate of 4.27%, from $5.69M in 2018 to $4.58M in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ghana exported $2.09M to Philippines. The main products exported from Ghana to Philippines were Cocoa Paste ($1.74M), Cocoa Powder ($74.7k), and Cocoa Beans ($68.8k). During the last 5 years the exports of Ghana to Philippines have increased at an annualized rate of 19.6%, from $853k in 2018 to $2.09M in 2023.

In 2018, Philippines exported $4.58M to Ghana. The main products exported from Philippines to Ghana were Activated Carbon ($2.07M), Small Iron Containers ($1.06M), and Office Machine Parts ($267k). During the last 5 years the exports of Philippines to Ghana have decreased at an annualized rate of 4.27%, from $5.69M in 2023 to $4.58M in 2018.

Exports from Ghana () to Philippines () (2023)

Exports from Philippines () to Ghana () (2023)

Latest Data

Trade between Ghana () and Philippines ()

Ghana Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationSwitzerland$6.49B

Philippines
Top DestinationChina$19B

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

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

In 2023, countries that imported more from Philippines than Ghana included China ($19B), Hong Kong ($11.7B), and United States ($13.3B).

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

Comparative Advantage Ghana - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ghana had a large net trade with Philippines in the exports of Foodstuffs ($1.88M), Wood Products ($66.5k), and Machines ($64.2k).

During 2018, Philippines had a large net trade with Ghana in the exports of Chemical Products ($2.08M), Metals ($1.22M), and Machines ($732k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Philippines+$5.87kGold

Top Product Potential Philippines Ghana+$4.16kIntegrated Circuits

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Philippines () (2023)

Exports from Philippines () to Ghana () (2023)

Latest Data

Trade between Ghana () and Philippines ()

Ghana Exports

Philippines Exports

Market Competitiveness

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

Comparative Advantage Ghana - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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