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Pricing

2019
Flag → Flag
Exports $121kRnk 56 / 0
2019
Flag → Flag
Exports $34.2kRnk 138 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC $2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Ghana-Albania Trade: In 2019, Ghana exported $121k to Albania. The main products that Ghana exported to Albania were N/A. Over the past 6 years the exports of Ghana to Albania have increased at an annualized rate of 24.7%, from $32.3k in 2013 to $121k in 2019.

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

Albania-Ghana Trade: In 2019, Albania exported $34.2k to Ghana. The main products that Albania exported to Ghana were N/A. Over the past 6 years the exports of Albania to Ghana have decreased at an annualized rate of 12%,  from $139k in 2013 to $34.2k in 2019.

In 2019, Albania 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, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Ghana exported $121k to Albania. There were not main exports from Ghana to Albania in 2019. During the last 6 years the exports of Ghana to Albania have increased at an annualized rate of 24.7%, from $32.3k in 2013 to $121k in 2019.

In 2014, Albania exported $34.2k to Ghana. There were not main exports from Albania to Ghana in 2014. During the last 5 years the exports of Albania to Ghana have decreased at an annualized rate of 12%, from $139k in 2019 to $34.2k in 2014.

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

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

Latest Data

Trade between Ghana (Flag) and Albania (Flag)

Ghana Exports

Albania Exports

Date

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Albania
Top DestinationItaly$1.75B

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

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

In 2022, countries that imported more from Albania than Ghana included Italy ($1.75B), Greece ($421M), and North Macedonia ($101M).

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

Comparative Advantage Ghana - Albania

Flow
Scale

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

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

During 2014, Albania had a large net trade with Ghana in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Albania+$2.34kRefined Petroleum
Top Product Potential Albania Ghana+$2.44kRefined Petroleum

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

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

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