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Pricing

2022
Flag → Flag
Exports $9.4MRnk 42 / 133
2022
Flag → Flag
Top Product $4.28MFish Fillets
2022
Flag → Flag
Exports $37.5MRnk 78 / 208
2022
Flag → Flag
Top Product $4.9MDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Ghana-Portugal Trade: In 2022, Ghana exported $9.4M to Portugal. The main products that Ghana exported to Portugal were Fish Fillets ($4.28M), Cocoa Paste ($2.93M), and Non-fillet Frozen Fish ($766k). Over the past 5 years the exports of Ghana to Portugal have decreased at an annualized rate of 32.2%, from $65.4M in 2017 to $9.4M in 2022.

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

Portugal-Ghana Trade: In 2022, Portugal exported $37.5M to Ghana. The main products that Portugal exported to Ghana were Delivery Trucks ($4.9M), Uncoated Paper ($4.05M), and Iron Structures ($3.08M). Over the past 5 years the exports of Portugal to Ghana have decreased at an annualized rate of 16.9%,  from $94.6M in 2017 to $37.5M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $9.4M to Portugal. The main products exported from Ghana to Portugal were Fish Fillets ($4.28M), Cocoa Paste ($2.93M), and Non-fillet Frozen Fish ($766k). During the last 5 years the exports of Ghana to Portugal have decreased at an annualized rate of 32.2%, from $65.4M in 2017 to $9.4M in 2022.

In 2017, Portugal exported $37.5M to Ghana. The main products exported from Portugal to Ghana were Delivery Trucks ($4.9M), Uncoated Paper ($4.05M), and Iron Structures ($3.08M). During the last 5 years the exports of Portugal to Ghana have decreased at an annualized rate of 16.9%, from $94.6M in 2022 to $37.5M in 2017.

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

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

Latest Data

Trade between Ghana (Flag) and Portugal (Flag)

Ghana Exports

Portugal Exports

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Ghana included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Ghana - Portugal

Flow
Scale

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

During 2022, Ghana had a large net trade with Portugal in the exports of Animal Products ($5.07M), Foodstuffs ($3.41M), and Plastics and Rubbers ($467k).

During 2017, Portugal had a large net trade with Ghana in the exports of Paper Goods ($6.12M), Transportation ($6.03M), and Metals ($5.85M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Portugal+$751kProcessed Fish
Top Product Potential Portugal Ghana+$2.47MDelivery Trucks

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

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

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