2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP
$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH
21.6%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 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

Saudi Arabia-Ghana Trade: In 2023, Saudi Arabia exported $267M to Ghana. The main products that Saudi Arabia exported to Ghana were Refined Petroleum ($130M), Cement ($62.3M), and Ethylene Polymers ($38.2M). Over the past 5 years the exports of Saudi Arabia to Ghana have increased at an annualized rate of 16.6%, from $124M in 2018 to $267M in 2023.

In 2023, Saudi Arabia did not export any services to Ghana.

Ghana-Saudi Arabia Trade: In 2023, Ghana exported $8.36M to Saudi Arabia. The main products that Ghana exported to Saudi Arabia were Cocoa Paste ($2.81M), Plywood ($2.2M), and Scrap Aluminium ($1.22M). Over the past 5 years the exports of Ghana to Saudi Arabia have increased at an annualized rate of 3.03%,  from $7.2M in 2018 to $8.36M in 2023.

In 2023, Ghana did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saudi Arabia exported $267M to Ghana. The main products exported from Saudi Arabia to Ghana were Refined Petroleum ($130M), Cement ($62.3M), and Ethylene Polymers ($38.2M). During the last 5 years the exports of Saudi Arabia to Ghana have increased at an annualized rate of 16.6%, from $124M in 2018 to $267M in 2023.

In 2018, Ghana exported $8.36M to Saudi Arabia. The main products exported from Ghana to Saudi Arabia were Cocoa Paste ($2.81M), Plywood ($2.2M), and Scrap Aluminium ($1.22M). During the last 5 years the exports of Ghana to Saudi Arabia have increased at an annualized rate of 3.03%, from $7.2M in 2023 to $8.36M in 2018.

Exports from Saudi Arabia (Flag) to Ghana (Flag) (2023)

Exports from Ghana (Flag) to Saudi Arabia (Flag) (2023)

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Ghana
Top Destination
Switzerland$6.49B

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

In 2023, countries that imported more from Saudi Arabia than Ghana included China ($64.4B), Japan ($34.7B), and India ($34.8B).

In 2023, countries that imported more from Ghana than Saudi Arabia included Switzerland ($6.49B), Burkina Faso ($574M), and Togo ($261M).

Difference in imports from Ghana (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Ghana

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Ghana in the exports of N/A.

During 2018, Ghana had a large net trade with Saudi Arabia in the exports of Wood Products ($3.84M), Foodstuffs ($3.04M), and Metals ($1.22M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Saudi Arabia and Ghana. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Ghana (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with