2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP
$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH
19.1%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC 
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH
-0.55%CURRENT US$
Rnk 146 / 186

About

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 5 years the exports of Ghana to Uzbekistan have increased at an annualized rate of 166%, from $21.4k in 2017 to $2.84M in 2022.

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

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 5 years the exports of Uzbekistan to Ghana have decreased at an annualized rate of 68.5%,  from $819k in 2017 to $2.55k in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $2.84M in 2022.

In 2017, Uzbekistan exported $2.55k to Ghana. The main products exported from Uzbekistan to Ghana were Electrical Control Boards ($2.55k). During the last 5 years the exports of Uzbekistan to Ghana have decreased at an annualized rate of 68.5%, from $819k in 2022 to $2.55k in 2017.

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

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

Market Competitiveness

Color
Ghana
Top Destination
United Arab Emirates$4.72B
Uzbekistan
Top Destination
Switzerland$4.29B

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

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

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

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

Comparative Advantage Ghana - Uzbekistan

Flow
Scale

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

During 2022, Ghana had a large net trade with Uzbekistan in the exports of Foodstuffs ($2.83M) and Wood Products ($5.59k).

During 2017, Uzbekistan had a large net trade with Ghana in the exports of Machines ($2.55k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Uzbekistan+$3.79kCrude Petroleum
Top Product Potential Uzbekistan Ghana+$2.97kPetroleum Gas

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

This visualization shows the product space at the HS4 level with the flags of Ghana and Uzbekistan. This means that a dot/product with the flag of Ghana indicates it has a comparative advantage over Uzbekistan. Similarly, a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Ghana.

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

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