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Pricing

2022
Flag → Flag
Exports $37.5MRnk 78 / 208
2022
Flag → Flag
Top Product $4.9MDelivery Trucks
2022
Flag → Flag
Exports $9.4MRnk 42 / 133
2022
Flag → Flag
Top Product $4.28MFish Fillets
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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 $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Portugal-Ghana Trade: In 2022, Portugal exported $37.5M to Ghana. The main products that Portugal exported to Ghana were Delivery Trucks ($4.9M), Uncoated Paper ($4.05M), and Iron Structures ($3.08M). Over the past 5 years the exports of Portugal to Ghana have decreased at an annualized rate of 16.9%, from $94.6M in 2017 to $37.5M in 2022.

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

Ghana-Portugal Trade: In 2022, Ghana exported $9.4M to Portugal. The main products that Ghana exported to Portugal were Fish Fillets ($4.28M), Cocoa Paste ($2.93M), and Non-fillet Frozen Fish ($766k). Over the past 5 years the exports of Ghana to Portugal have decreased at an annualized rate of 32.2%,  from $65.4M in 2017 to $9.4M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). 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, Portugal exported €3.03M and imported €1.59M from Ghana, resulting in a positive trade balance of €1.44M. Between September 2023 and September 2024 the exports of Portugal have increased by €177k (6.2%) from €2.85M to €3.03M, while imports increased by €1.08M (214%) from €504k to €1.59M.

Trade In September 2024, the top exports of Portugal to Ghana were Beverages, spirits, & vinegar (€671k), Paper articles (€243k), Machinery, mechanical appliances, & parts (€235k), Plastics & articles thereof (€76.7k), and Preparations of cereals, flour, starch or... (€63.4k). In September 2024 the top imports of Portugal from Ghana were Mineral fuels, mineral oils and products... (€74.5M), Fish, Crustaceans & Molluscs (€323k), Cocoa & cocoa preparations (€280k), Preparations of fish, crustacenas, & molluscs (€274k), and Chemical products n.e.s. (€83.7k).

Growth In September 2024, the increase in Portugal's year-by-year exports to Ghana was explained primarily by an increase in product exports in Beverages, spirits, & vinegar (€257k or 62.1%), Electrical machinery and electronics (€27.7k or 144%), and Optical, photo, & film equipment; medical... (€17.3k or 1.25k%). In September 2024, the increase in Portugal's year-by-year imports  from Ghana was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)€177k(6.2%)
IMPORT GROWTH (September 2023 - September 2024)€1.08M(214%)

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

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

For full datasets download visit Bulk Download page.

Explore Ghana and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $37.5M to Ghana. The main products exported from Portugal to Ghana were Delivery Trucks ($4.9M), Uncoated Paper ($4.05M), and Iron Structures ($3.08M). During the last 5 years the exports of Portugal to Ghana have decreased at an annualized rate of 16.9%, from $94.6M in 2017 to $37.5M in 2022.

In 2017, Ghana exported $9.4M to Portugal. The main products exported from Ghana to Portugal were Fish Fillets ($4.28M), Cocoa Paste ($2.93M), and Non-fillet Frozen Fish ($766k). During the last 5 years the exports of Ghana to Portugal have decreased at an annualized rate of 32.2%, from $65.4M in 2022 to $9.4M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Portugal than Ghana included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Ghana than Portugal included United Arab Emirates ($4.72B), Switzerland ($3.37B), and India ($2.04B).

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

Comparative Advantage Portugal - Ghana

Flow
Scale

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

During 2022, Portugal had a large net trade with Ghana in the exports of Paper Goods ($6.12M), Transportation ($6.03M), and Metals ($5.85M).

During 2017, Ghana had a large net trade with Portugal in the exports of Animal Products ($5.07M), Foodstuffs ($3.41M), and Plastics and Rubbers ($467k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Ghana+$2.47MDelivery Trucks
Top Product Potential Ghana Portugal+$751kProcessed Fish

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

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

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