Kazakhstan (KAZ) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Kazakhstan-Ghana Trade: In 2023, Kazakhstan exported $45.7M to Ghana. The main products that Kazakhstan exported to Ghana were Crude Petroleum ($45.5M), Electric Batteries ($113k), and Excavation Machinery ($72.5k). Over the past 5 years the exports of Kazakhstan to Ghana have increased at an annualized rate of 132%, from $683k in 2018 to $45.7M in 2023.

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

Ghana-Kazakhstan Trade: In 2023, Ghana exported $32.4M to Kazakhstan. The main products that Ghana exported to Kazakhstan were Cocoa Beans ($32M), Cocoa Powder ($357k), and Other Processed Fruits and Nuts ($13.8k). Over the past 5 years the exports of Ghana to Kazakhstan have increased at an annualized rate of 8.99%, from $21.1M in 2018 to $32.4M in 2023.

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

Comparison: In 2023, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). 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, Kazakhstan exported $45.7M to Ghana. The main products exported from Kazakhstan to Ghana were Crude Petroleum ($45.5M), Electric Batteries ($113k), and Excavation Machinery ($72.5k). During the last 5 years the exports of Kazakhstan to Ghana have increased at an annualized rate of 132%, from $683k in 2018 to $45.7M in 2023.

In 2018, Ghana exported $32.4M to Kazakhstan. The main products exported from Ghana to Kazakhstan were Cocoa Beans ($32M), Cocoa Powder ($357k), and Other Processed Fruits and Nuts ($13.8k). During the last 5 years the exports of Ghana to Kazakhstan have increased at an annualized rate of 8.99%, from $21.1M in 2023 to $32.4M in 2018.

Exports from Kazakhstan () to Ghana () (2023)

Exports from Ghana () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Ghana ()

Kazakhstan Exports

Date

Ghana Exports

Date

Jul 2019

Mar 2018

Jun 2017

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$15.2B

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Kazakhstan than Ghana included United Kingdom ($14.3B), China ($15.2B), and Russia ($9.78B).

In 2023, countries that imported more from Ghana than Kazakhstan included United Arab Emirates ($4.93B), Switzerland ($6.49B), and South Africa ($1.85B).

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

Comparative Advantage Kazakhstan - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kazakhstan had a large net trade with Ghana in the exports of Mineral Products ($45.5M), Machines ($186k), and Metals ($19.5k).

During 2018, Ghana had a large net trade with Kazakhstan in the exports of Foodstuffs ($32.4M), Plastics and Rubbers ($997), and Animal Hides ($811).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Ghana+$84.8kConfectionery Sugar

Top Product Potential Ghana Kazakhstan+$15.4kOther Processed Fruits and Nuts

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

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Ghana () (2023)

Exports from Ghana () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Ghana ()

Kazakhstan Exports

Ghana Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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