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Pricing

2022
Flag → Flag
Exports $1.66MRnk 63 / 133
2022
Flag → Flag
Top Product $954kSawn Wood
2022
Flag → Flag
Exports $2.6MRnk 74 / 162
2022
Flag → Flag
Top Product $2.18MQuicklime
2022
Flag
Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
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GDP GROWTH76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 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$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Ghana-Bosnia and Herzegovina Trade: In 2022, Ghana exported $1.66M to Bosnia and Herzegovina. The main products that Ghana exported to Bosnia and Herzegovina were Sawn Wood ($954k), Cocoa Powder ($407k), and Cocoa Beans ($104k). Over the past 5 years the exports of Ghana to Bosnia and Herzegovina have decreased at an annualized rate of 11.6%, from $3.09M in 2017 to $1.66M in 2022.

In 2022, Ghana did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Ghana Trade: In 2022, Bosnia and Herzegovina exported $2.6M to Ghana. The main products that Bosnia and Herzegovina exported to Ghana were Quicklime ($2.18M), Motor vehicles; parts and accessories (8701 to 8705) ($202k), and Equine and Bovine Hides ($66.5k). Over the past 5 years the exports of Bosnia and Herzegovina to Ghana have increased at an annualized rate of 86.1%,  from $117k in 2017 to $2.6M in 2022.

In 2022, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $1.66M to Bosnia and Herzegovina. The main products exported from Ghana to Bosnia and Herzegovina were Sawn Wood ($954k), Cocoa Powder ($407k), and Cocoa Beans ($104k). During the last 5 years the exports of Ghana to Bosnia and Herzegovina have decreased at an annualized rate of 11.6%, from $3.09M in 2017 to $1.66M in 2022.

In 2017, Bosnia and Herzegovina exported $2.6M to Ghana. The main products exported from Bosnia and Herzegovina to Ghana were Quicklime ($2.18M), Motor vehicles; parts and accessories (8701 to 8705) ($202k), and Equine and Bovine Hides ($66.5k). During the last 5 years the exports of Bosnia and Herzegovina to Ghana have increased at an annualized rate of 86.1%, from $117k in 2022 to $2.6M in 2017.

Exports from Ghana (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Ghana (Flag) (2022)

Latest Data

Trade between Ghana (Flag) and Bosnia and Herzegovina (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Ghana
Top DestinationUnited Arab Emirates$4.72B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

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

In 2022, countries that imported more from Bosnia and Herzegovina than Ghana included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

Difference in imports from Bosnia and Herzegovina (Flag) and Ghana (Flag) (2022)

Comparative Advantage Ghana - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Ghana had a large net trade with Bosnia and Herzegovina in the exports of Wood Products ($979k), Foodstuffs ($672k), and Animal and Vegetable Bi-Products ($9.75k).

During 2017, Bosnia and Herzegovina had a large net trade with Ghana in the exports of Mineral Products ($2.18M), Transportation ($202k), and Machines ($115k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ghana Bosnia and Herzegovina+$146kSawn Wood
Top Product Potential Bosnia and Herzegovina Ghana+$307kMotor vehicles; parts and accessories (8701 to 8705)

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

Product Space of Ghana (Flag) and Bosnia and Herzegovina (Flag) (2022)

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