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2022
Flag → Flag
Exports $98.4MRnk 20 / 133
2022
Flag → Flag
Top Product $35.6MCocoa Beans
2022
Flag → Flag
Exports $421MRnk 84 / 219
2022
Flag → Flag
Top Product $52MPasta
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Ghana-Turkey Trade: In 2022, Ghana exported $98.4M to Turkey. The main products that Ghana exported to Turkey were Cocoa Beans ($35.6M), Raw Lead ($14M), and Cocoa Paste ($10.7M). Over the past 5 years the exports of Ghana to Turkey have decreased at an annualized rate of 8.61%, from $154M in 2017 to $98.4M in 2022.

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

Turkey-Ghana Trade: In 2022, Turkey exported $421M to Ghana. The main products that Turkey exported to Ghana were Pasta ($52M), Cement ($35M), and Insulated Wire ($27.3M). Over the past 5 years the exports of Turkey to Ghana have increased at an annualized rate of 8.06%,  from $286M in 2017 to $421M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $98.4M to Turkey. The main products exported from Ghana to Turkey were Cocoa Beans ($35.6M), Raw Lead ($14M), and Cocoa Paste ($10.7M). During the last 5 years the exports of Ghana to Turkey have decreased at an annualized rate of 8.61%, from $154M in 2017 to $98.4M in 2022.

In 2017, Turkey exported $421M to Ghana. The main products exported from Turkey to Ghana were Pasta ($52M), Cement ($35M), and Insulated Wire ($27.3M). During the last 5 years the exports of Turkey to Ghana have increased at an annualized rate of 8.06%, from $286M in 2022 to $421M in 2017.

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

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

Latest Data

Trade between Ghana (Flag) and Turkey (Flag)

Ghana Exports

Turkey Exports

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Turkey
Top DestinationGermany$21.9B

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

In 2022, countries that imported more from Ghana than Turkey included Switzerland ($3.37B) and Burkina Faso ($285M).

In 2022, countries that imported more from Turkey than Ghana included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Ghana - Turkey

Flow
Scale

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

During 2022, Ghana had a large net trade with Turkey in the exports of Foodstuffs ($54.7M), Metals ($22M), and Plastics and Rubbers ($7.76M).

During 2017, Turkey had a large net trade with Ghana in the exports of Foodstuffs ($73.4M), Machines ($73.3M), and Metals ($53.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Turkey+$23.7MGold
Top Product Potential Turkey Ghana+$5.72MIron Structures

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

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

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