Guinea (GIN) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Guinea-Ghana Trade: In 2023, Guinea exported $2.18M to Ghana. The main products that Guinea exported to Ghana were Large Construction Vehicles ($618k), Scrap Aluminium ($553k), and Flavored Water ($482k). Over the past 6 years the exports of Guinea to Ghana have decreased at an annualized rate of 13.4%, from $5.18M in 2017 to $2.18M in 2023.

In 2023, Guinea did not export any services to Ghana.

Ghana-Guinea Trade: In 2023, Ghana exported $33.2M to Guinea. The main products that Ghana exported to Guinea were Iron Blocks ($5.82M), Unglazed Ceramics ($2.71M), and Packaged Medicaments ($2.16M). Over the past 6 years the exports of Ghana to Guinea have increased at an annualized rate of 39.4%, from $6.31M in 2017 to $33.2M in 2023.

In 2023, Ghana did not export any services to Guinea.

Comparison: In 2023, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guinea exported $2.18M to Ghana. The main products exported from Guinea to Ghana were Large Construction Vehicles ($618k), Scrap Aluminium ($553k), and Flavored Water ($482k). During the last 6 years the exports of Guinea to Ghana have decreased at an annualized rate of 13.4%, from $5.18M in 2017 to $2.18M in 2023.

In 2018, Ghana exported $33.2M to Guinea. The main products exported from Ghana to Guinea were Iron Blocks ($5.82M), Unglazed Ceramics ($2.71M), and Packaged Medicaments ($2.16M). During the last 5 years the exports of Ghana to Guinea have increased at an annualized rate of 39.4%, from $6.31M in 2023 to $33.2M in 2018.

Exports from Guinea () to Ghana () (2023)

Exports from Ghana () to Guinea () (2023)

Latest Data

Trade between Guinea () and Ghana ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationUnited Arab Emirates$9.05B

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Guinea than Ghana included China ($6.41B), United Arab Emirates ($9.05B), and Ireland ($99M).

In 2023, countries that imported more from Ghana than Guinea included Switzerland ($6.49B), South Africa ($1.85B), and United States ($1.74B).

Difference in imports from Ghana () and Guinea () (2023)

Comparative Advantage Guinea - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Guinea had a large net trade with Ghana in the exports of Machines ($914k), Metals ($554k), and Foodstuffs ($497k).

During 2018, Ghana had a large net trade with Guinea in the exports of Metals ($13.9M), Chemical Products ($5.77M), and Foodstuffs ($3.46M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Ghana+$2.19kNon-fillet Frozen Fish

Top Product Potential Ghana Guinea+$2.86kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Ghana () (2023)

Exports from Ghana () to Guinea () (2023)

Latest Data

Trade between Guinea () and Ghana ()

Ghana Exports

Market Competitiveness

Difference in imports from Ghana () and Guinea () (2023)

Comparative Advantage Guinea - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Ghana () (2023)

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