2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH
21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC 
$6,678CURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC
$2,260CURRENT US$
Rnk 152 / 196
2013-2023
Flag
GDP PC GROWTH
-1.47%CURRENT US$
Rnk 154 / 195

About

Equatorial Guinea-Ghana Trade: In 2023, Equatorial Guinea exported $14.9M to Ghana. The main products that Equatorial Guinea exported to Ghana were Petroleum Gas ($14.6M), Antiknock ($295k), and Interchangeable Tool Parts ($3.98k). Over the past 6 years the exports of Equatorial Guinea to Ghana have increased at an annualized rate of 58.9%, from $929k in 2017 to $14.9M in 2023.

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

Ghana-Equatorial Guinea Trade: In 2023, Ghana exported $1.48M to Equatorial Guinea. The main products that Ghana exported to Equatorial Guinea were Iron Structures ($857k), Malt Extract ($426k), and Unglazed Ceramics ($70.3k). Over the past 6 years the exports of Ghana to Equatorial Guinea have increased at an annualized rate of 32.7%,  from $359k in 2017 to $1.48M in 2023.

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

Comparison In 2023,  Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index. 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
Value

In 2023, Equatorial Guinea exported $14.9M to Ghana. The main products exported from Equatorial Guinea to Ghana were Petroleum Gas ($14.6M), Antiknock ($295k), and Interchangeable Tool Parts ($3.98k). During the last 6 years the exports of Equatorial Guinea to Ghana have increased at an annualized rate of 58.9%, from $929k in 2017 to $14.9M in 2023.

In 2018, Ghana exported $1.48M to Equatorial Guinea. The main products exported from Ghana to Equatorial Guinea were Iron Structures ($857k), Malt Extract ($426k), and Unglazed Ceramics ($70.3k). During the last 5 years the exports of Ghana to Equatorial Guinea have increased at an annualized rate of 32.7%, from $359k in 2023 to $1.48M in 2018.

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

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

Latest Data

Trade between Equatorial Guinea (Flag) and Ghana (Flag)

Ghana Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
Ghana
Top Destination
Switzerland$6.49B

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

In 2023, countries that imported more from Equatorial Guinea than Ghana included Spain ($531M), Chile ($137M), and Thailand ($220M).

In 2023, countries that imported more from Ghana than Equatorial Guinea included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

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

Comparative Advantage Equatorial Guinea - Ghana

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Ghana in the exports of Mineral Products ($14.6M), Chemical Products ($296k), and Metals ($3.98k).

During 2018, Ghana had a large net trade with Equatorial Guinea in the exports of Metals ($857k), Foodstuffs ($454k), and Stone And Glass ($70.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Ghana+$3.42kPetroleum Gas
Top Product Potential Ghana Equatorial Guinea+$1.54kProcessed 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 Equatorial Guinea and Ghana. This means that a dot/product with the flag of Equatorial 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 Equatorial Guinea.

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

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