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2022
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Exports $308MRnk 97 / 223
2022
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Top Product $16.7MCars
2022
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Exports $354MRnk 9 / 133
2022
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Top Product $130MCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
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Economic Complexity (ECI) ECI -1.32Rnk 122 / 133
2022
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GDP$4.07TCURRENT US$
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2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$72.8BCURRENT US$
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2012-2022
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GDP GROWTH76.5%CURRENT US$
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2022
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GDP PC $48,432CURRENT US$
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2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$2,176CURRENT US$
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2012-2022
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GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Germany-Ghana In 2022, Germany exported $308M to Ghana. The main products that Germany exported to Ghana are Cars ($16.7M), Other Edible Preparations ($16.3M), and Delivery Trucks ($14.6M). During the last 27 years the exports of Germany to Ghana have increased at an annualized rate of 2.97%, from $140M in 1995 to $308M in 2022.

In 2022, Germany did not export any services to Ghana.

Ghana-Germany In 2022, Ghana exported $354M to Germany. The main products that Ghana exported to Germany were Crude Petroleum ($130M), Cocoa Beans ($55.5M), and Cocoa Butter ($24.3M). During the last 27 years the exports of Ghana to Germany have increased at an annualized rate of 2.19%, from $197M in 1995 to $354M in 2022.

In 2022, Ghana did not export any services to Germany.

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Latest Trends

February, 2024

About

Overview In February 2024, Germany exported €19M and imported €15.4M from Ghana, resulting in a positive trade balance of €3.61M. Between February 2023 and February 2024 the exports of Germany have decreased by €-76k (-0.4%) from €19.1M to €19M, while imports decreased by €-5.3M (-25.6%) from €20.7M to €15.4M.

Trade In February 2024, the top exports of Germany to Ghana were Wheat (€3.58M), Milk and milk products except butter... (€1.64M), Other food of vegetable origin (€1.23M), Other machinery (€958k), and Pharmaceutical products (€884k). In February 2024 the top imports of Germany from Ghana were Cocoa and cocoa products (€7.26M), Other ores and ashes of metals (€1.8M), Copper and copper alloys, incl. waste,... (€1.45M), Nuts and dried fruits (€1.12M), and Fish and crustaceans, molluscs (€1.09M).

Origins In February 2024 the exports of Germany were mainly from Baden-Württemberg (€5.24M), Rhineland-Pfalz (€1.88M), Bavaria (€1.78M), North Rhine-Westphalia (€1.77M), and Hamburg (€973k), while imports destinations were mainly Saarland (€6.06M), Hamburg (€3.22M), Baden-Württemberg (€1.5M), North Rhine-Westphalia (€1.2M), and Brandenburg (€1.13M).

Growth In February 2024, the decrease in Germany's year-by-year exports to Ghana was explained primarily by an decrease in product exports in Lorries and special purpose motor vehicles (€-6.39M or -96.5%), Machinery for mining, quarrying and construction (€-3.34M or -92.5%), and Motor cars and motor caravans (€-1.29M or -73.3%). In February 2024, the decrease in Germany's year-by-year imports  from Ghana was explained primarily by an decrease in product imports  in Vegetable oils and fats (€-1.29M or -79.8%), Copper and copper alloys, incl. waste,... (€-1.08M or -42.8%), and Sawn timber (€-293k or -29.7%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (February 2023 - February 2024)€-76k(-0.4%)
IMPORT GROWTH (February 2023 - February 2024)€-5.3M(-25.6%)
MAIN EXPORTER (February 2024)Baden-Württemberg€5.24M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Ghana and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $308M to Ghana. The main products exported from Germany to Ghana were Cars ($16.7M), Other Edible Preparations ($16.3M), and Delivery Trucks ($14.6M). During the last 27 years the exports of Germany to Ghana have increased at an annualized rate of 2.97%, from $140M in 1995 to $308M in 2022.

In 2022, Ghana exported $354M to Germany. The main products exported from Ghana to Germany were Crude Petroleum ($130M), Cocoa Beans ($55.5M), and Cocoa Butter ($24.3M). During the last 27 years the exports of Ghana to Germany have increased at an annualized rate of 2.19%, from $197M in 1995 to $354M in 2022.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

In 2021, countries that imported more from Germany than Ghana were United States ($153B), France ($120B), and Netherlands ($109B).

In 2021, countries that imported more from Ghana than Germany were Burkina Faso ($285M) and Togo ($111M).

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

Comparative Advantage Germany - Ghana

Flow
Scale

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

During 2022, Germany had a large net trade with Ghana in the exports of Machines ($91.5M), Transportation ($42.7M), and Chemical Products ($36.6M).

During 2022, Ghana had a large net trade with Germany in the exports of Mineral Products ($146M), Foodstuffs ($125M), and Metals ($21.4M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Ghana. Similarly, the more yellow a dot/product is, the more Ghana has comparative advantage over Germany.

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

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