Switzerland (CHE) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Switzerland-Ghana Trade: In 2022, Switzerland exported $29.1M to Ghana. The main products that Switzerland exported to Ghana were Packaged Medicaments ($8.41M), Vaccines, blood, antisera, toxins and cultures ($2.78M), and Washing and Bottling Machines ($2.73M). Over the past 5 years the exports of Switzerland to Ghana have decreased at an annualized rate of 9.87%, from $49M in 2017 to $29.1M in 2022.

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

Ghana-Switzerland Trade: In 2022, Ghana exported $3.37B to Switzerland. The main products that Ghana exported to Switzerland were Gold ($3.27B), Cocoa Beans ($77.4M), and Tropical Fruits ($7.36M). Over the past 5 years the exports of Ghana to Switzerland have increased at an annualized rate of 12.3%, from $1.88B in 2017 to $3.37B in 2022.

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

Comparison: In 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). 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, Switzerland exported $29.1M to Ghana. The main products exported from Switzerland to Ghana were Packaged Medicaments ($8.41M), Vaccines, blood, antisera, toxins and cultures ($2.78M), and Washing and Bottling Machines ($2.73M). During the last 5 years the exports of Switzerland to Ghana have decreased at an annualized rate of 9.87%, from $49M in 2017 to $29.1M in 2022.

In 2017, Ghana exported $3.37B to Switzerland. The main products exported from Ghana to Switzerland were Gold ($3.27B), Cocoa Beans ($77.4M), and Tropical Fruits ($7.36M). During the last 5 years the exports of Ghana to Switzerland have increased at an annualized rate of 12.3%, from $1.88B in 2022 to $3.37B in 2017.

Exports from Switzerland () to Ghana () (2022)

Exports from Ghana () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Ghana ()

Switzerland Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Switzerland than Ghana included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Ghana than Switzerland included Burkina Faso ($285M), Cote d'Ivoire ($163M), and Togo ($111M).

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

Comparative Advantage Switzerland - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Ghana in the exports of Chemical Products ($12.5M), Machines ($9.17M), and Transportation ($2.16M).

During 2017, Ghana had a large net trade with Switzerland in the exports of Precious Metals ($3.27B), Foodstuffs ($84.6M), and Vegetable Products ($10.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Ghana+$9.46MPackaged Medicaments

Top Product Potential Ghana Switzerland+$1.97MTropical Fruits

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

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Ghana () (2022)

Exports from Ghana () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Ghana ()

Switzerland Exports

Ghana Exports

Market Competitiveness

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

Comparative Advantage Switzerland - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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