2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 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
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Ghana-South Africa Trade: In 2022, Ghana exported $919M to South Africa. The main products that Ghana exported to South Africa were Crude Petroleum ($108M), Scrap Copper ($5M), and Rubber ($2.5M). Over the past 5 years the exports of Ghana to South Africa have increased at an annualized rate of 189%, from $4.57M in 2017 to $919M in 2022.

In 2022, Ghana did not export any services to South Africa.

South Africa-Ghana Trade: In 2022, South Africa exported $369M to Ghana. The main products that South Africa exported to Ghana were Nitrogenous Fertilizers ($31.8M), Delivery Trucks ($31.2M), and Hot-Rolled Iron Bars ($21.4M). Over the past 5 years the exports of South Africa to Ghana have increased at an annualized rate of 50.2%,  from $48.3M in 2017 to $369M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $919M to South Africa. The main products exported from Ghana to South Africa were Crude Petroleum ($108M), Scrap Copper ($5M), and Rubber ($2.5M). During the last 5 years the exports of Ghana to South Africa have increased at an annualized rate of 189%, from $4.57M in 2017 to $919M in 2022.

In 2017, South Africa exported $369M to Ghana. The main products exported from South Africa to Ghana were Nitrogenous Fertilizers ($31.8M), Delivery Trucks ($31.2M), and Hot-Rolled Iron Bars ($21.4M). During the last 22 years the exports of South Africa to Ghana have increased at an annualized rate of 50.2%, from $48.3M in 1995 to $369M in 2017.

Exports from Ghana (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Ghana (Flag) (2022)

Latest Data

Trade between Ghana (Flag) and South Africa (Flag)

Ghana Exports

South Africa Exports

Market Competitiveness

Color
Ghana
Top Destination
United Arab Emirates$4.72B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Ghana than South Africa included United Arab Emirates ($4.72B), Burkina Faso ($285M), and Togo ($111M).

In 2022, countries that imported more from South Africa than Ghana included China ($23.4B), Germany ($9.96B), and Japan ($8.85B).

Difference in imports from South Africa (Flag) and Ghana (Flag) (2022)

Comparative Advantage Ghana - South Africa

Flow
Scale

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

During 2022, Ghana had a large net trade with South Africa in the exports of Mineral Products ($108M), Metals ($5.1M), and Foodstuffs ($3.9M).

During 2017, South Africa had a large net trade with Ghana in the exports of Chemical Products ($109M), Machines ($89.8M), and Metals ($61.1M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ghana and South Africa. This means that a dot/product with the flag of Ghana indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Ghana.

Product Space of Ghana (Flag) and South Africa (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with