Croatia (HRV) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Croatia-Ghana Trade: In 2023, Croatia exported $1.77M to Ghana. The main products that Croatia exported to Ghana were Valves ($619k), Prefabricated Buildings ($394k), and Other Rubber Products ($159k). Over the past 5 years the exports of Croatia to Ghana have increased at an annualized rate of 8.75%, from $1.16M in 2018 to $1.77M in 2023.

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

Ghana-Croatia Trade: In 2023, Ghana exported $5.84M to Croatia. The main products that Ghana exported to Croatia were Cocoa Paste ($4.59M), Shaped Wood ($556k), and Rubber ($397k). Over the past 5 years the exports of Ghana to Croatia have decreased at an annualized rate of 6.51%, from $8.18M in 2018 to $5.84M in 2023.

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

Comparison: In 2023, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B). 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, Croatia exported $1.77M to Ghana. The main products exported from Croatia to Ghana were Valves ($619k), Prefabricated Buildings ($394k), and Other Rubber Products ($159k). During the last 5 years the exports of Croatia to Ghana have increased at an annualized rate of 8.75%, from $1.16M in 2018 to $1.77M in 2023.

In 2018, Ghana exported $5.84M to Croatia. The main products exported from Ghana to Croatia were Cocoa Paste ($4.59M), Shaped Wood ($556k), and Rubber ($397k). During the last 5 years the exports of Ghana to Croatia have decreased at an annualized rate of 6.51%, from $8.18M in 2023 to $5.84M in 2018.

Exports from Croatia () to Ghana () (2023)

Exports from Ghana () to Croatia () (2023)

Latest Data

Trade between Croatia () and Ghana ()

Croatia Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.05B

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Croatia than Ghana included Slovenia ($2.45B), Germany ($2.58B), and Italy ($3.05B).

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

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

Comparative Advantage Croatia - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Croatia had a large net trade with Ghana in the exports of Machines ($868k), Miscellaneous ($444k), and Plastics and Rubbers ($169k).

During 2018, Ghana had a large net trade with Croatia in the exports of Foodstuffs ($4.69M), Wood Products ($655k), and Plastics and Rubbers ($397k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Croatia Ghana+$501kElectrical Transformers

Top Product Potential Ghana Croatia+$122kProcessed 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Croatia () to Ghana () (2023)

Exports from Ghana () to Croatia () (2023)

Latest Data

Trade between Croatia () and Ghana ()

Croatia Exports

Ghana Exports

Market Competitiveness

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

Comparative Advantage Croatia - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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