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Flag → Flag
Exports $1.5kRnk 15 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
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GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC $2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186
2022
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GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
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GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

In N/A, Ghana did not export any services to Somalia.

Somalia-Ghana Trade: In N/A, Somalia exported $1.5k to Ghana. The main products that Somalia exported to Ghana were N/A. Over the past N/A years the exports of Somalia to Ghana have decreased at an annualized rate of 88.4%,  from $70.7M in N/A to $1.5k in N/A.

In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Ghana does not register exports to Somalia.

In 2014, Somalia exported $1.5k to Ghana. There were not main exports from Somalia to Ghana in 2014. During the last 5 years the exports of Somalia to Ghana have decreased at an annualized rate of 88.4%, from $70.7M in 2019 to $1.5k in 2014.

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

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

Latest Data

Trade between Ghana (Flag) and Somalia (Flag)

Ghana Exports

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Ghana than Somalia included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

In 2022, countries that imported more from Somalia than Ghana included Oman ($173M), Kuwait ($13.5M), and Bahrain ($9M).

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

Comparative Advantage Ghana - Somalia

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Somalia+$2.03kPalm Oil
Top Product Potential Somalia Ghana+$1.64kNon-fillet Frozen Fish

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

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

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