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2023
Flag → Flag
Exports $1.74BRnk 6 / 172
2023
Flag → Flag
Top Product $1.23BCrude Petroleum
2023
Flag → Flag
Exports $1.05BRnk 80 / 220
2023
Flag → Flag
Top Product $265MCars
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC $2,260CURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Ghana-United States Trade: In 2023, Ghana exported $1.74B to United States. The main products that Ghana exported to United States were Crude Petroleum ($1.23B), Cocoa Beans ($154M), and Cocoa Paste ($68.7M). Over the past 5 years the exports of Ghana to United States have increased at an annualized rate of 22.7%, from $625M in 2018 to $1.74B in 2023.

In 2023, Ghana did not export any services to United States.

United States-Ghana Trade: In 2023, United States exported $1.05B to Ghana. The main products that United States exported to Ghana were Cars ($265M), Refined Petroleum ($107M), and Crude Petroleum ($75.5M). Over the past 5 years the exports of United States to Ghana have increased at an annualized rate of 0.49%,  from $1.03B in 2018 to $1.05B in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ghana exported $1.74B to United States. The main products exported from Ghana to United States were Crude Petroleum ($1.23B), Cocoa Beans ($154M), and Cocoa Paste ($68.7M). During the last 5 years the exports of Ghana to United States have increased at an annualized rate of 22.7%, from $625M in 2018 to $1.74B in 2023.

In 2018, United States exported $1.05B to Ghana. The main products exported from United States to Ghana were Cars ($265M), Refined Petroleum ($107M), and Crude Petroleum ($75.5M). During the last 5 years the exports of United States to Ghana have increased at an annualized rate of 0.49%, from $1.03B in 2023 to $1.05B in 2018.

Exports from Ghana (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Ghana (Flag) (2023)

Latest Data

Trade between Ghana (Flag) and United States (Flag)

Ghana Exports

United States Exports

Market Competitiveness

Color
Ghana
Top DestinationSwitzerland$6.49B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Ghana than United States included Burkina Faso ($574M), Mali ($165M), and Uganda ($237M).

In 2023, countries that imported more from United States than Ghana included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Ghana (Flag) (2023)

Comparative Advantage Ghana - United States

Flow
Scale

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

During 2023, Ghana had a large net trade with United States in the exports of Mineral Products ($1.23B), Foodstuffs ($313M), and Vegetable Products ($43.3M).

During 2018, United States had a large net trade with Ghana in the exports of Transportation ($313M), Mineral Products ($251M), and Machines ($122M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana United States+$824MCrude Petroleum
Top Product Potential United States Ghana+$91MRefined Petroleum

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

Product Space of Ghana (Flag) and United States (Flag) (2023)

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