2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 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 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 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

Ireland-Ghana Trade: In 2023, Ireland exported $50.2M to Ghana. The main products that Ireland exported to Ghana were Animal Organs ($7.9M), Concentrated Milk ($6.64M), and Malt Extract ($6.07M). Over the past 5 years the exports of Ireland to Ghana have decreased at an annualized rate of 5.2%, from $65.5M in 2018 to $50.2M in 2023.

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

Ghana-Ireland Trade: In 2023, Ghana exported $7.22M to Ireland. The main products that Ghana exported to Ireland were Processed Fish ($2.52M), Bran ($1.26M), and Sawn Wood ($936k). Over the past 5 years the exports of Ghana to Ireland have increased at an annualized rate of 19.2%,  from $3M in 2018 to $7.22M in 2023.

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

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). 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, Ireland exported $50.2M to Ghana. The main products exported from Ireland to Ghana were Animal Organs ($7.9M), Concentrated Milk ($6.64M), and Malt Extract ($6.07M). During the last 5 years the exports of Ireland to Ghana have decreased at an annualized rate of 5.2%, from $65.5M in 2018 to $50.2M in 2023.

In 2018, Ghana exported $7.22M to Ireland. The main products exported from Ghana to Ireland were Processed Fish ($2.52M), Bran ($1.26M), and Sawn Wood ($936k). During the last 5 years the exports of Ghana to Ireland have increased at an annualized rate of 19.2%, from $3M in 2023 to $7.22M in 2018.

Exports from Ireland (Flag) to Ghana (Flag) (2023)

Exports from Ghana (Flag) to Ireland (Flag) (2023)

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Ghana
Top Destination
Switzerland$6.49B

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

In 2023, countries that imported more from Ireland than Ghana included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from Ghana than Ireland included United Arab Emirates ($4.93B), India ($2.26B), and South Africa ($1.85B).

Difference in imports from Ghana (Flag) and Ireland (Flag) (2023)

Comparative Advantage Ireland - Ghana

Flow
Scale

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

During 2023, Ireland had a large net trade with Ghana in the exports of Animal Products ($30.7M), Chemical Products ($7.95M), and Foodstuffs ($7.15M).

During 2018, Ghana had a large net trade with Ireland in the exports of Foodstuffs ($4.83M), Wood Products ($1.35M), and Metals ($440k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Ghana+$2.44MScented Mixtures
Top Product Potential Ghana Ireland+$763kProcessed 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 Ireland and Ghana. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Ireland.

Product Space of Ireland (Flag) and Ghana (Flag) (2023)

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