Ghana (GHA) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Ghana-Norway Trade: In 2022, Ghana exported $1.71M to Norway. The main products that Ghana exported to Norway were Machinery Having Individual Functions ($368k), Other Processed Fruits and Nuts ($331k), and Non-Knit Women's Shirts ($142k). Over the past 5 years the exports of Ghana to Norway have decreased at an annualized rate of 22.9%, from $6.26M in 2017 to $1.71M in 2022.

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

Norway-Ghana Trade: In 2022, Norway exported $39.1M to Ghana. The main products that Norway exported to Ghana were Non-fillet Frozen Fish ($11.1M), Gas and Liquid Flow Measuring Instruments ($7.05M), and Machinery Having Individual Functions ($5.28M). Over the past 5 years the exports of Norway to Ghana have decreased at an annualized rate of 10.2%, from $67M in 2017 to $39.1M in 2022.

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

Comparison: In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ghana exported $1.71M to Norway. The main products exported from Ghana to Norway were Machinery Having Individual Functions ($368k), Other Processed Fruits and Nuts ($331k), and Non-Knit Women's Shirts ($142k). During the last 5 years the exports of Ghana to Norway have decreased at an annualized rate of 22.9%, from $6.26M in 2017 to $1.71M in 2022.

In 2017, Norway exported $39.1M to Ghana. The main products exported from Norway to Ghana were Non-fillet Frozen Fish ($11.1M), Gas and Liquid Flow Measuring Instruments ($7.05M), and Machinery Having Individual Functions ($5.28M). During the last 5 years the exports of Norway to Ghana have decreased at an annualized rate of 10.2%, from $67M in 2022 to $39.1M in 2017.

Exports from Ghana () to Norway () (2022)

Exports from Norway () to Ghana () (2022)

Latest Data

Trade between Ghana () and Norway ()

Ghana Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Ghana than Norway included United Arab Emirates ($4.72B), Switzerland ($3.37B), and India ($2.04B).

In 2022, countries that imported more from Norway than Ghana included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Ghana - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Norway in the exports of Machines ($500k), Foodstuffs ($370k), and Vegetable Products ($274k).

During 2017, Norway had a large net trade with Ghana in the exports of Animal Products ($11.8M), Machines ($11.7M), and Instruments ($7.43M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Norway+$163kCoconuts, Brazil Nuts, and Cashews

Top Product Potential Norway Ghana+$825kDelivery Trucks

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Norway () (2022)

Exports from Norway () to Ghana () (2022)

Latest Data

Trade between Ghana () and Norway ()

Ghana Exports

Norway Exports

Market Competitiveness

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

Comparative Advantage Ghana - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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