Nepal (NPL) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Nepal-Ghana Trade: In 2021, Nepal exported $4.64k to Ghana. The main products that Nepal exported to Ghana were N/A. Over the past 7 years the exports of Nepal to Ghana have decreased at an annualized rate of 13.4%, from $12.8k in 2014 to $4.64k in 2021.

In 2021, Nepal did not export any services to Ghana.

Ghana-Nepal Trade: In 2021, Ghana exported $15 to Nepal. The main products that Ghana exported to Nepal were Cocoa Beans ($15). Over the past 7 years the exports of Ghana to Nepal have decreased at an annualized rate of 88%, from $597k in 2014 to $15 in 2021.

In 2021, Ghana did not export any services to Nepal.

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Nepal exported $4.64k to Ghana. There were not main exports from Nepal to Ghana in 2021. During the last 7 years the exports of Nepal to Ghana have decreased at an annualized rate of 13.4%, from $12.8k in 2014 to $4.64k in 2021.

In 2017, Ghana exported $15 to Nepal. The main products exported from Ghana to Nepal were Cocoa Beans ($15). During the last 5 years the exports of Ghana to Nepal have decreased at an annualized rate of 88%, from $597k in 2022 to $15 in 2017.

Exports from Nepal () to Ghana () (2022)

Exports from Ghana () to Nepal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Nepal than Ghana included Central African Republic ($8.88M), Denmark ($8.07M), and Bangladesh ($4.12M).

In 2022, countries that imported more from Ghana than Nepal included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

Difference in imports from Ghana () and Nepal () (2022)

Comparative Advantage Nepal - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Nepal had a large net trade with Ghana in the exports of .

During 2017, Ghana had a large net trade with Nepal in the exports of Foodstuffs ($15).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Ghana+$2.41kPalm Oil

Top Product Potential Ghana Nepal+$6.74kGold

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

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Historical Data

Bilateral Trade by Products

Exports from Nepal () to Ghana () (2022)

Exports from Ghana () to Nepal () (2022)

Market Competitiveness

Difference in imports from Ghana () and Nepal () (2022)

Comparative Advantage Nepal - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and Ghana () (2022)

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