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2023
Flag → Flag
Exports $1.58BRnk 41 / 224
2023
Flag → Flag
Top Product $1.27BRefined Petroleum
2023
Flag → Flag
Exports $522MRnk 11 / 172
2023
Flag → Flag
Top Product $127MCocoa Butter
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 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

Netherlands-Ghana Trade: In 2023, Netherlands exported $1.58B to Ghana. The main products that Netherlands exported to Ghana were Refined Petroleum ($1.27B), Poultry Meat ($59.5M), and Margarine ($14.3M). Over the past 5 years the exports of Netherlands to Ghana have increased at an annualized rate of 28.3%, from $454M in 2018 to $1.58B in 2023.

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

Ghana-Netherlands Trade: In 2023, Ghana exported $522M to Netherlands. The main products that Ghana exported to Netherlands were Cocoa Butter ($127M), Cocoa Beans ($113M), and Cocoa Paste ($65.9M). Over the past 5 years the exports of Ghana to Netherlands have decreased at an annualized rate of 14.3%,  from $1.13B in 2018 to $522M in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €161M and imported €37M from Ghana, resulting in a positive trade balance of €124M. Between October 2023 and October 2024 the exports of Netherlands have increased by €22M (15.8%) from €139M to €161M, while imports increased by €2M (5.71%) from €35M to €37M.

Trade In October 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 October 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 (October 2023 - October 2024)€22M(15.8%)
IMPORT GROWTH (October 2023 - October 2024)€2M(5.71%)

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $1.58B to Ghana. The main products exported from Netherlands to Ghana were Refined Petroleum ($1.27B), Poultry Meat ($59.5M), and Margarine ($14.3M). During the last 5 years the exports of Netherlands to Ghana have increased at an annualized rate of 28.3%, from $454M in 2018 to $1.58B in 2023.

In 2018, Ghana exported $522M to Netherlands. The main products exported from Ghana to Netherlands were Cocoa Butter ($127M), Cocoa Beans ($113M), and Cocoa Paste ($65.9M). During the last 5 years the exports of Ghana to Netherlands have decreased at an annualized rate of 14.3%, from $1.13B in 2023 to $522M in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Ghana
Top DestinationSwitzerland$6.49B

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 2023, countries that imported more from Netherlands than Ghana included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Ghana than Netherlands included United Arab Emirates ($4.93B), Burkina Faso ($574M), and South Africa ($1.85B).

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

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 2023, Netherlands had a large net trade with Ghana in the exports of Mineral Products ($1.28B), Animal Products ($88.1M), and Machines ($63.9M).

During 2018, Ghana had a large net trade with Netherlands in the exports of Foodstuffs ($388M), Animal and Vegetable Bi-Products ($56.4M), and Vegetable Products ($25.2M).

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) (2023)

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