2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 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
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Ghana-Philippines Trade: In 2022, Ghana exported $1.03M to Philippines. The main products that Ghana exported to Philippines were Cocoa Paste ($788k), Cocoa Powder ($138k), and Broadcasting Equipment ($35.2k). Over the past 5 years the exports of Ghana to Philippines have decreased at an annualized rate of 8.53%, from $1.61M in 2017 to $1.03M in 2022.

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

Philippines-Ghana Trade: In 2022, Philippines exported $3.02M to Ghana. The main products that Philippines exported to Ghana were Small Iron Containers ($892k), Activated Carbon ($785k), and Knit Men's Undergarments ($730k). Over the past 5 years the exports of Philippines to Ghana have decreased at an annualized rate of 17.5%,  from $7.92M in 2017 to $3.02M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $1.03M to Philippines. The main products exported from Ghana to Philippines were Cocoa Paste ($788k), Cocoa Powder ($138k), and Broadcasting Equipment ($35.2k). During the last 5 years the exports of Ghana to Philippines have decreased at an annualized rate of 8.53%, from $1.61M in 2017 to $1.03M in 2022.

In 2017, Philippines exported $3.02M to Ghana. The main products exported from Philippines to Ghana were Small Iron Containers ($892k), Activated Carbon ($785k), and Knit Men's Undergarments ($730k). During the last 5 years the exports of Philippines to Ghana have decreased at an annualized rate of 17.5%, from $7.92M in 2022 to $3.02M in 2017.

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

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

Latest Data

Trade between Ghana (Flag) and Philippines (Flag)

Ghana Exports

Philippines Exports

Market Competitiveness

Color
Ghana
Top Destination
United Arab Emirates$4.72B
Philippines
Top Destination
United States$15.5B

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 2022, countries that imported more from Ghana than Philippines included United Arab Emirates ($4.72B), India ($2.04B), and Burkina Faso ($285M).

In 2022, countries that imported more from Philippines than Ghana included China ($15.3B), United States ($15.5B), and Hong Kong ($12.6B).

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

Comparative Advantage Ghana - Philippines

Flow
Scale

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

During 2022, Ghana had a large net trade with Philippines in the exports of Foodstuffs ($927k), Machines ($68k), and Wood Products ($27.8k).

During 2017, Philippines had a large net trade with Ghana in the exports of Metals ($893k), Textiles ($813k), and Chemical Products ($785k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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