2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186

About

In N/A, Kuwait did not export any services to Ghana.

Ghana-Kuwait Trade: In N/A, Ghana exported $3.3M to Kuwait. The main products that Ghana exported to Kuwait were Gold ($1.87M), Tropical Fruits ($301k), and Other Furniture ($218k). Over the past N/A years the exports of Ghana to Kuwait have increased at an annualized rate of 20.1%,  from $1.32M in N/A to $3.3M in N/A.

In N/A, Ghana did not export any services to Kuwait.

Comparison: In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). 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

Kuwait does not register exports to Ghana. The main products exported from Kuwait to Ghana were Ethylene Polymers ($13.7M), Cars ($2.37M), and Sodium or Potassium Peroxides ($838k).

In 2017, Ghana exported $3.3M to Kuwait. The main products exported from Ghana to Kuwait were Gold ($1.87M), Tropical Fruits ($301k), and Other Furniture ($218k). During the last 5 years the exports of Ghana to Kuwait have increased at an annualized rate of 20.1%, from $1.32M in 2022 to $3.3M in 2017.

Exports from Kuwait (Flag) to Ghana (Flag) (2022)

Exports from Ghana (Flag) to Kuwait (Flag) (2022)

Latest Data

Trade between Kuwait (Flag) and Ghana (Flag)

Kuwait Exports

Ghana Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Ghana
Top Destination
United Arab Emirates$4.72B

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

In 2022, countries that imported more from Kuwait than Ghana included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

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

Comparative Advantage Kuwait - Ghana

Flow
Scale

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

During 2017, Ghana had a large net trade with Kuwait in the exports of Precious Metals ($1.87M), Vegetable Products ($411k), and Foodstuffs ($349k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Ghana+$2.1MCars
Top Product Potential Ghana Kuwait+$5.4MGold

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

Product Space of Kuwait (Flag) and Ghana (Flag) (2022)

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