Uzbekistan (UZB) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Uzbekistan-Ghana Trade: In 2022, Uzbekistan exported $2.55k to Ghana. The main products that Uzbekistan exported to Ghana were Electrical Control Boards ($2.55k). Over the past 10 years the exports of Uzbekistan to Ghana have increased at an annualized rate of 25.9%, from $255 in 2012 to $2.55k in 2022.

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

Ghana-Uzbekistan Trade: In 2022, Ghana exported $2.84M to Uzbekistan. The main products that Ghana exported to Uzbekistan were Cocoa Powder ($2.8M), Cocoa Beans ($18.3k), and Cocoa Paste ($17.3k). Over the past 10 years the exports of Ghana to Uzbekistan have increased at an annualized rate of 166%, from $21.4k in 2012 to $2.84M in 2022.

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

Comparison: In 2022, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B). 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 2022, Uzbekistan exported $2.55k to Ghana. The main products exported from Uzbekistan to Ghana were Electrical Control Boards ($2.55k). During the last 10 years the exports of Uzbekistan to Ghana have increased at an annualized rate of 25.9%, from $255 in 2012 to $2.55k in 2022.

In 2017, Ghana exported $2.84M to Uzbekistan. The main products exported from Ghana to Uzbekistan were Cocoa Powder ($2.8M), Cocoa Beans ($18.3k), and Cocoa Paste ($17.3k). During the last 5 years the exports of Ghana to Uzbekistan have increased at an annualized rate of 166%, from $21.4k in 2022 to $2.84M in 2017.

Exports from Uzbekistan () to Ghana () (2022)

Exports from Ghana () to Uzbekistan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$4.29B

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Uzbekistan than Ghana included Russia ($2.6B), Turkey ($1.59B), and Kazakhstan ($1.25B).

In 2022, countries that imported more from Ghana than Uzbekistan included United Arab Emirates ($4.72B), United States ($2.83B), and India ($2.04B).

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

Comparative Advantage Uzbekistan - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uzbekistan had a large net trade with Ghana in the exports of Machines ($2.55k).

During 2017, Ghana had a large net trade with Uzbekistan in the exports of Foodstuffs ($2.83M) and Wood Products ($5.59k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Ghana+$2.97kPetroleum Gas

Top Product Potential Ghana Uzbekistan+$3.79kCrude Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Ghana () (2022)

Exports from Ghana () to Uzbekistan () (2022)

Market Competitiveness

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

Comparative Advantage Uzbekistan - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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