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Pricing

2022
Flag → Flag
Exports $1.26BRnk 47 / 224
2022
Flag → Flag
Top Product $796MRefined Petroleum
2022
Flag → Flag
Exports $538MRnk 8 / 133
2022
Flag → Flag
Top Product $153MCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
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Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
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 GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Netherlands-Ghana Trade: In 2022, Netherlands exported $1.26B to Ghana. The main products that Netherlands exported to Ghana were Refined Petroleum ($796M), Poultry Meat ($69.2M), and Excavation Machinery ($39.9M). Over the past 5 years the exports of Netherlands to Ghana have increased at an annualized rate of 12.5%, from $702M in 2017 to $1.26B in 2022.

In 2022, Netherlands did not export any services to Ghana.

Ghana-Netherlands Trade: In 2022, Ghana exported $538M to Netherlands. The main products that Ghana exported to Netherlands were Cocoa Beans ($153M), Cocoa Butter ($122M), and Cocoa Paste ($94.1M). Over the past 5 years the exports of Ghana to Netherlands have decreased at an annualized rate of 10.4%,  from $934M in 2017 to $538M in 2022.

In 2022, Ghana did not export any services to Netherlands.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Latest Trends

July, 2024

About

Overview In July 2024, Netherlands exported €136M and imported €36M from Ghana, resulting in a positive trade balance of €100M. Between July 2023 and July 2024 the exports of Netherlands have increased by €82M (152%) from €54M to €136M, while imports increased by €4M (12.5%) from €32M to €36M.

Trade In July 2024, the top exports of Netherlands to Ghana were Petroleum oils and oils obtained from... (€93M), Undefined (€10M), Other meat and edible meat offal,... (€6M), Civil engineering and contractors' plant and... (€4M), and Margarine and shortening (€2M). In July 2024 the top imports of Netherlands from Ghana were Cocoa (€24M), Fixed vegetable fats and oils, crude,... (€5M), Fruit and nuts (not including oil... (€1M), and Undefined (€1M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€82M(152%)
IMPORT GROWTH (July 2023 - July 2024)€4M(12.5%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Ghana and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ghana and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $1.26B to Ghana. The main products exported from Netherlands to Ghana were Refined Petroleum ($796M), Poultry Meat ($69.2M), and Excavation Machinery ($39.9M). During the last 5 years the exports of Netherlands to Ghana have increased at an annualized rate of 12.5%, from $702M in 2017 to $1.26B in 2022.

In 2017, Ghana exported $538M to Netherlands. The main products exported from Ghana to Netherlands were Cocoa Beans ($153M), Cocoa Butter ($122M), and Cocoa Paste ($94.1M). During the last 5 years the exports of Ghana to Netherlands have decreased at an annualized rate of 10.4%, from $934M in 2022 to $538M in 2017.

Exports from Netherlands (Flag) to Ghana (Flag) (2022)

Exports from Ghana (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Netherlands than Ghana included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Ghana than Netherlands included United Arab Emirates ($4.72B), Burkina Faso ($285M), and Niger ($56.3M).

Difference in imports from Ghana (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Ghana

Flow
Scale

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

During 2022, Netherlands had a large net trade with Ghana in the exports of Mineral Products ($802M), Machines ($144M), and Animal Products ($107M).

During 2017, Ghana had a large net trade with Netherlands in the exports of Foodstuffs ($439M), Animal and Vegetable Bi-Products ($35.1M), and Metals ($27M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Ghana+$5.95MTelephones
Top Product Potential Ghana Netherlands+$36.6MCrude Petroleum

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

Product Space of Netherlands (Flag) and Ghana (Flag) (2022)

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