Albania (ALB) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Albania-Ghana Trade: In 2019, Albania exported $34.2k to Ghana. The main products that Albania exported to Ghana were N/A. Over the past 5 years the exports of Albania to Ghana have decreased at an annualized rate of 24.5%, from $139k in 2014 to $34.2k in 2019.

In 2019, Albania did not export any services to Ghana.

Ghana-Albania Trade: In 2019, Ghana exported $121k to Albania. The main products that Ghana exported to Albania were N/A. Over the past 5 years the exports of Ghana to Albania have decreased at an annualized rate of 39.6%, from $1.51M in 2014 to $121k in 2019.

In 2019, Ghana did not export any services to Albania.

Comparison: In 2022, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). 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 2019, Albania exported $34.2k to Ghana. There were not main exports from Albania to Ghana in 2019. During the last 5 years the exports of Albania to Ghana have decreased at an annualized rate of 24.5%, from $139k in 2014 to $34.2k in 2019.

In 2014, Ghana exported $121k to Albania. There were not main exports from Ghana to Albania in 2014. During the last 5 years the exports of Ghana to Albania have decreased at an annualized rate of 39.6%, from $1.51M in 2019 to $121k in 2014.

Exports from Albania () to Ghana () (2019)

Exports from Ghana () to Albania () (2019)

Latest Data

Trade between Albania () and Ghana ()

Albania Exports

Date

Feb 2014

Mar 2013

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Albania than Ghana included Italy ($1.75B), Greece ($421M), and North Macedonia ($101M).

In 2022, countries that imported more from Ghana than Albania included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

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

Comparative Advantage Albania - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Albania had a large net trade with Ghana in the exports of .

During 2014, Ghana had a large net trade with Albania in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Ghana+$2.44kRefined Petroleum

Top Product Potential Ghana Albania+$2.34kRefined 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 Albania and Ghana. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Albania.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Ghana () (2019)

Exports from Ghana () to Albania () (2019)

Latest Data

Trade between Albania () and Ghana ()

Albania Exports

Ghana Exports

Market Competitiveness

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

Comparative Advantage Albania - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Ghana () (2019)

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