Mexico (MEX) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Mexico-Ghana Trade: In 2021, Mexico exported $473k to Ghana. The main products that Mexico exported to Ghana were N/A. Over the past 6 years the exports of Mexico to Ghana have decreased at an annualized rate of 49.3%, from $28M in 2015 to $473k in 2021.

In 2021, Mexico did not export any services to Ghana.

Ghana-Mexico Trade: In 2021, Ghana exported $40.5k to Mexico. The main products that Ghana exported to Mexico were Knit Women's Shirts ($23k), Knit Men's Shirts ($17.3k), and Knit T-shirts ($171). Over the past 6 years the exports of Ghana to Mexico have decreased at an annualized rate of 39.8%, from $510k in 2015 to $40.5k in 2021.

In 2021, Ghana did not export any services to Mexico.

Comparison: In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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 2021, Mexico exported $473k to Ghana. There were not main exports from Mexico to Ghana in 2021. During the last 6 years the exports of Mexico to Ghana have decreased at an annualized rate of 49.3%, from $28M in 2015 to $473k in 2021.

In 2017, Ghana exported $40.5k to Mexico. The main products exported from Ghana to Mexico were Knit Women's Shirts ($23k), Knit Men's Shirts ($17.3k), and Knit T-shirts ($171). During the last 5 years the exports of Ghana to Mexico have decreased at an annualized rate of 39.8%, from $510k in 2022 to $40.5k in 2017.

Exports from Mexico () to Ghana () (2022)

Exports from Ghana () to Mexico () (2022)

Latest Data

Trade between Mexico () and Ghana ()

Mexico Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Mexico than Ghana included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Ghana than Mexico included United Arab Emirates ($4.72B), Switzerland ($3.37B), and Burkina Faso ($285M).

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

Comparative Advantage Mexico - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Mexico had a large net trade with Ghana in the exports of .

During 2017, Ghana had a large net trade with Mexico in the exports of Textiles ($40.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Ghana+$6.85kCars

Top Product Potential Ghana Mexico+$69.1kKnit Men's Shirts

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

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Ghana () (2022)

Exports from Ghana () to Mexico () (2022)

Latest Data

Trade between Mexico () and Ghana ()

Mexico Exports

Ghana Exports

Market Competitiveness

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

Comparative Advantage Mexico - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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