Iraq (IRQ) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Iraq-Ghana Trade: In 2023, Iraq exported $2.85k to Ghana. The main products that Iraq exported to Ghana were Computers ($2.31k) and Video Displays ($539). Over the past 6 years the exports of Iraq to Ghana have decreased at an annualized rate of 49.3%, from $169k in 2017 to $2.85k in 2023.

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

Ghana-Iraq Trade: In 2023, Ghana exported $357k to Iraq. The main products that Ghana exported to Iraq were Plywood ($214k), Chemical Analysis Instruments ($66.5k), and Cocoa Powder ($46.9k). Over the past 6 years the exports of Ghana to Iraq have increased at an annualized rate of 79%, from $19.5k in 2017 to $357k in 2023.

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

Comparison: In 2023, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B). 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, Iraq exported $2.85k to Ghana. The main products exported from Iraq to Ghana were Computers ($2.31k) and Video Displays ($539). During the last 6 years the exports of Iraq to Ghana have decreased at an annualized rate of 49.3%, from $169k in 2017 to $2.85k in 2023.

In 2018, Ghana exported $357k to Iraq. The main products exported from Ghana to Iraq were Plywood ($214k), Chemical Analysis Instruments ($66.5k), and Cocoa Powder ($46.9k). During the last 5 years the exports of Ghana to Iraq have increased at an annualized rate of 79%, from $19.5k in 2023 to $357k in 2018.

Exports from Iraq () to Ghana () (2023)

Exports from Ghana () to Iraq () (2023)

Latest Data

Trade between Iraq () and Ghana ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationChina$35.5B

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Iraq than Ghana included China ($35.5B), India ($29.8B), and United States ($8.92B).

In 2023, countries that imported more from Ghana than Iraq included Switzerland ($6.49B), South Africa ($1.85B), and Canada ($886M).

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

Comparative Advantage Iraq - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iraq had a large net trade with Ghana in the exports of Machines ($2.85k).

During 2018, Ghana had a large net trade with Iraq in the exports of Wood Products ($214k), Instruments ($66.5k), and Foodstuffs ($46.9k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Ghana+$6.78kRefined Petroleum

Top Product Potential Ghana Iraq+$6.81kGold

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 Iraq and Ghana. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Iraq.

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Ghana () (2023)

Exports from Ghana () to Iraq () (2023)

Latest Data

Trade between Iraq () and Ghana ()

Ghana Exports

Market Competitiveness

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

Comparative Advantage Iraq - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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