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Pricing

2023
Flag → Flag
Exports $4.58MRnk 101 / 201
2023
Flag → Flag
Top Product $2.07MActivated Carbon
2023
Flag → Flag
Exports $2.09MRnk 84 / 172
2023
Flag → Flag
Top Product $1.74MCocoa Paste
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 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 $3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 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

Philippines-Ghana Trade: In 2023, Philippines exported $4.58M to Ghana. The main products that Philippines exported to Ghana were Activated Carbon ($2.07M), Small Iron Containers ($1.06M), and Office Machine Parts ($267k). Over the past 5 years the exports of Philippines to Ghana have decreased at an annualized rate of 4.27%, from $5.69M in 2018 to $4.58M in 2023.

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

Ghana-Philippines Trade: In 2023, Ghana exported $2.09M to Philippines. The main products that Ghana exported to Philippines were Cocoa Paste ($1.74M), Cocoa Powder ($74.7k), and Cocoa Beans ($68.8k). Over the past 5 years the exports of Ghana to Philippines have increased at an annualized rate of 19.6%,  from $853k in 2018 to $2.09M in 2023.

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

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $1.14M and imported $849k from Ghana, resulting in a positive trade balance of $292k. Between July 2023 and July 2024 the exports of Philippines have increased by $1.03M (911%) from $113k to $1.14M, while imports increased by $840k (8.59k%) from $9.77k to $849k.

Trade In July 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 July 2024 the top imports of Philippines from Ghana were Packaged Medicaments ($35.5k), Basketwork ($12.2k), and Telephones ($4.57k).

Growth In July 2024, the increase in Philippines's year-by-year exports to Ghana was explained primarily by an increase in product exports in . In July 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 (July 2023 - July 2024)$1.03M(911%)
IMPORT GROWTH (July 2023 - July 2024)$840k(8.59k%)

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 2023, Philippines exported $4.58M to Ghana. The main products exported from Philippines to Ghana were Activated Carbon ($2.07M), Small Iron Containers ($1.06M), and Office Machine Parts ($267k). During the last 5 years the exports of Philippines to Ghana have decreased at an annualized rate of 4.27%, from $5.69M in 2018 to $4.58M in 2023.

In 2018, Ghana exported $2.09M to Philippines. The main products exported from Ghana to Philippines were Cocoa Paste ($1.74M), Cocoa Powder ($74.7k), and Cocoa Beans ($68.8k). During the last 5 years the exports of Ghana to Philippines have increased at an annualized rate of 19.6%, from $853k in 2023 to $2.09M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Ghana
Top DestinationSwitzerland$6.49B

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 2023, countries that imported more from Philippines than Ghana included China ($19B), Hong Kong ($11.7B), and United States ($13.3B).

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

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

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 2023, Philippines had a large net trade with Ghana in the exports of Chemical Products ($2.08M), Metals ($1.22M), and Machines ($732k).

During 2018, Ghana had a large net trade with Philippines in the exports of Foodstuffs ($1.88M), Wood Products ($66.5k), and Machines ($64.2k).

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) (2023)

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