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Pricing

2019
Flag → Flag
Exports $1.5kRnk 85 / 0
2019
Flag → Flag
Exports $23.4MRnk 72 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC $462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Somalia-Ghana Trade: In 2019, Somalia exported $1.5k to Ghana. The main products that Somalia exported to Ghana were N/A. Over the past 11 years the exports of Somalia to Ghana have increased at an annualized rate of 1.2%, from $1.32k in 2008 to $1.5k in 2019.

In 2019, Somalia did not export any services to Ghana.

Ghana-Somalia In N/A, Ghana did not export any products to Somalia.

In 2019, Ghana did not export any services to Somalia.

Comparison In 2022,  Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index. 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
Value

In 2019, Somalia exported $1.5k to Ghana. There were not main exports from Somalia to Ghana in 2019. During the last 11 years the exports of Somalia to Ghana have increased at an annualized rate of 1.2%, from $1.32k in 2008 to $1.5k in 2019.

Ghana does not register exports to Somalia.

Exports from Somalia (Flag) to Ghana (Flag) (2019)

Exports from Ghana (Flag) to Somalia (Flag) (2019)

Latest Data

Trade between Somalia (Flag) and Ghana (Flag)

Ghana Exports

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2022, countries that imported more from Somalia than Ghana included Oman ($173M), Kuwait ($13.5M), and Bahrain ($9M).

In 2022, countries that imported more from Ghana than Somalia included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

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

Comparative Advantage Somalia - Ghana

Flow
Scale

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

During 2019, Somalia had a large net trade with Ghana in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Ghana+$1.64kNon-fillet Frozen Fish
Top Product Potential Ghana Somalia+$2.03kPalm Oil

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

Product Space of Somalia (Flag) and Ghana (Flag) (2019)

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