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

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Uzbekistan-Ghana Trade: In 2023, Uzbekistan exported $433k to Ghana. The main products that Uzbekistan exported to Ghana were Nitrogenous Fertilizers ($416k), Aircraft parts (gliders, balloons, and powered aircraft) ($7.98k), and Knit T-shirts ($3.72k). Over the past 6 years the exports of Uzbekistan to Ghana have decreased at an annualized rate of 10.1%, from $819k in 2017 to $433k in 2023.

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

Ghana-Uzbekistan Trade: In 2023, Ghana exported $2.43M to Uzbekistan. The main products that Ghana exported to Uzbekistan were Cocoa Powder ($2.38M) and Cocoa Beans ($46.8k). Over the past 6 years the exports of Ghana to Uzbekistan have increased at an annualized rate of 14.7%, from $180k in 2017 to $2.43M in 2023.

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

Comparison: In 2023, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Uzbekistan exported $433k to Ghana. The main products exported from Uzbekistan to Ghana were Nitrogenous Fertilizers ($416k), Aircraft parts (gliders, balloons, and powered aircraft) ($7.98k), and Knit T-shirts ($3.72k). During the last 6 years the exports of Uzbekistan to Ghana have decreased at an annualized rate of 10.1%, from $819k in 2017 to $433k in 2023.

In 2018, Ghana exported $2.43M to Uzbekistan. The main products exported from Ghana to Uzbekistan were Cocoa Powder ($2.38M) and Cocoa Beans ($46.8k). During the last 5 years the exports of Ghana to Uzbekistan have increased at an annualized rate of 14.7%, from $180k in 2023 to $2.43M in 2018.

Exports from Uzbekistan () to Ghana () (2023)

Exports from Ghana () to Uzbekistan () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Ghana
Top DestinationSwitzerland$6.49B

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 2023, countries that imported more from Uzbekistan than Ghana included Russia ($3.02B), United Kingdom ($2.65B), and Switzerland ($8.18B).

In 2023, countries that imported more from Ghana than Uzbekistan included United Arab Emirates ($4.93B), India ($2.26B), and South Africa ($1.85B).

Difference in imports from Ghana () and Uzbekistan () (2023)

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 2023, Uzbekistan had a large net trade with Ghana in the exports of Chemical Products ($416k), Transportation ($8.42k), and Textiles ($6.42k).

During 2018, Ghana had a large net trade with Uzbekistan in the exports of Foodstuffs ($2.43M).

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 () (2023)

Exports from Ghana () to Uzbekistan () (2023)

Market Competitiveness

Difference in imports from Ghana () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uzbekistan () and Ghana () (2023)

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