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Pricing

2022
Flag → Flag
Exports $3.02MRnk 118 / 205
2022
Flag → Flag
Top Product $892kSmall Iron Containers
2022
Flag → Flag
Exports $1.03MRnk 75 / 133
2022
Flag → Flag
Top Product $788kCocoa Paste
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Philippines-Ghana Trade: In 2022, Philippines exported $3.02M to Ghana. The main products that Philippines exported to Ghana were Small Iron Containers ($892k), Activated Carbon ($785k), and Knit Men's Undergarments ($730k). Over the past 5 years the exports of Philippines to Ghana have decreased at an annualized rate of 17.5%, from $7.92M in 2017 to $3.02M in 2022.

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

Ghana-Philippines Trade: In 2022, Ghana exported $1.03M to Philippines. The main products that Ghana exported to Philippines were Cocoa Paste ($788k), Cocoa Powder ($138k), and Broadcasting Equipment ($35.2k). Over the past 5 years the exports of Ghana to Philippines have decreased at an annualized rate of 4.83%,  from $1.61M in 2017 to $1.03M in 2022.

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

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Latest Trends

September, 2024

About

Overview In September 2024, Philippines exported $672k and imported $553k from Ghana, resulting in a positive trade balance of $119k. Between September 2023 and September 2024 the exports of Philippines have increased by $152k (29.2%) from $520k to $672k, while imports increased by $266k (92.5%) from $287k to $553k.

Trade In September 2024, the top exports of Philippines to Ghana were Knit Women's Undergarments ($13.3k), Knit Men's Undergarments ($8.83k), Knit T-shirts ($6.45k), Other Organic Compounds ($5k), and Animal or Vegetable Fertilizers ($5k). In September 2024 the top imports of Philippines from Ghana were Packaged Medicaments ($35.5k), Basketwork ($12.2k), and Telephones ($4.57k).

Growth In September 2024, the increase in Philippines's year-by-year exports to Ghana was explained primarily by an increase in product exports in . In September 2024, the increase in Philippines's year-by-year imports  from Ghana was explained primarily by an increase in product imports  in Telephones ($2.07k or 83%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$152k(29.2%)
IMPORT GROWTH (September 2023 - September 2024)$266k(92.5%)

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

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

For full datasets download visit Bulk Download page.

Explore Ghana and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $3.02M to Ghana. The main products exported from Philippines to Ghana were Small Iron Containers ($892k), Activated Carbon ($785k), and Knit Men's Undergarments ($730k). During the last 5 years the exports of Philippines to Ghana have decreased at an annualized rate of 17.5%, from $7.92M in 2017 to $3.02M in 2022.

In 2017, Ghana exported $1.03M to Philippines. The main products exported from Ghana to Philippines were Cocoa Paste ($788k), Cocoa Powder ($138k), and Broadcasting Equipment ($35.2k). During the last 5 years the exports of Ghana to Philippines have decreased at an annualized rate of 4.83%, from $1.61M in 2022 to $1.03M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Philippines than Ghana included China ($15.3B), United States ($15.5B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Ghana than Philippines included United Arab Emirates ($4.72B), India ($2.04B), and Burkina Faso ($285M).

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

Comparative Advantage Philippines - Ghana

Flow
Scale

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

During 2022, Philippines had a large net trade with Ghana in the exports of Metals ($893k), Textiles ($813k), and Chemical Products ($785k).

During 2017, Ghana had a large net trade with Philippines in the exports of Foodstuffs ($927k), Machines ($68k), and Wood Products ($27.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Ghana+$4.16kIntegrated Circuits
Top Product Potential Ghana Philippines+$5.87kGold

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

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

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