Ghana (GHA) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Ghana-Iraq Trade: In 2019, Ghana exported $199k to Iraq. The main products that Ghana exported to Iraq were N/A. Over the past 5 years the exports of Ghana to Iraq have increased at an annualized rate of 5.77%, from $150k in 2014 to $199k in 2019.

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

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

In 2019, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Ghana exported $199k to Iraq. There were not main exports from Ghana to Iraq in 2019. During the last 5 years the exports of Ghana to Iraq have increased at an annualized rate of 5.77%, from $150k in 2014 to $199k in 2019.

Iraq does not register exports to Ghana.

Exports from Ghana () to Iraq () (2019)

Exports from Iraq () to Ghana () (2019)

Latest Data

Trade between Ghana () and Iraq ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Iraq
Top DestinationIndia$38.8B

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

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

In 2022, countries that imported more from Iraq than Ghana included India ($38.8B), China ($34B), and South Korea ($8.21B).

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

Comparative Advantage Ghana - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Iraq+$6.81kGold

Top Product Potential Iraq Ghana+$6.78kRefined 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

Year

This visualization shows the product space at the HS4 level with the flags of Ghana and Iraq. This means that a dot/product with the flag of Ghana indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Ghana.

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Iraq () (2019)

Exports from Iraq () to Ghana () (2019)

Latest Data

Trade between Ghana () and Iraq ()

Ghana Exports

Market Competitiveness

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

Comparative Advantage Ghana - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Iraq () (2019)

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