Oman (OMN) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Oman-Ghana Trade: In 2022, Oman exported $15.3M to Ghana. The main products that Oman exported to Ghana were Non-fillet Frozen Fish ($5.52M), Concentrated Milk ($3.72M), and Ethylene Polymers ($3.11M). Over the past 5 years the exports of Oman to Ghana have increased at an annualized rate of 42.6%, from $2.6M in 2017 to $15.3M in 2022.

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

Ghana-Oman Trade: In 2022, Ghana exported $54.6k to Oman. The main products that Ghana exported to Oman were Excavation Machinery ($47.5k), Iron Gas Containers ($7.07k), and Letter Stock ($5). Over the past 5 years the exports of Ghana to Oman have decreased at an annualized rate of 7.64%, from $268k in 2017 to $54.6k in 2022.

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

Comparison: In 2022, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). 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, Oman exported $15.3M to Ghana. The main products exported from Oman to Ghana were Non-fillet Frozen Fish ($5.52M), Concentrated Milk ($3.72M), and Ethylene Polymers ($3.11M). During the last 5 years the exports of Oman to Ghana have increased at an annualized rate of 42.6%, from $2.6M in 2017 to $15.3M in 2022.

In 2017, Ghana exported $54.6k to Oman. The main products exported from Ghana to Oman were Excavation Machinery ($47.5k), Iron Gas Containers ($7.07k), and Letter Stock ($5). During the last 5 years the exports of Ghana to Oman have decreased at an annualized rate of 7.64%, from $268k in 2022 to $54.6k in 2017.

Exports from Oman () to Ghana () (2022)

Exports from Ghana () to Oman () (2022)

Latest Data

Trade between Oman () and Ghana ()

Oman Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Oman than Ghana included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2022, countries that imported more from Ghana than Oman included Switzerland ($3.37B), United Arab Emirates ($4.72B), and United Kingdom ($691M).

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

Comparative Advantage Oman - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Ghana in the exports of Animal Products ($9.44M), Plastics and Rubbers ($5.39M), and Instruments ($186k).

During 2017, Ghana had a large net trade with Oman in the exports of Machines ($47.5k), Metals ($7.07k), and Paper Goods ($5).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Ghana+$1.41MEthylene Polymers

Top Product Potential Ghana Oman+$63.8kExcavation Machinery

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Ghana () (2022)

Exports from Ghana () to Oman () (2022)

Latest Data

Trade between Oman () and Ghana ()

Oman Exports

Ghana Exports

Market Competitiveness

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

Comparative Advantage Oman - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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