2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 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 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 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

Switzerland-Ghana Trade: In 2022, Switzerland exported $29.1M to Ghana. The main products that Switzerland exported to Ghana were Packaged Medicaments ($8.41M), Vaccines, blood, antisera, toxins and cultures ($2.78M), and Washing and Bottling Machines ($2.73M). Over the past 5 years the exports of Switzerland to Ghana have decreased at an annualized rate of 9.87%, from $49M in 2017 to $29.1M in 2022.

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

Ghana-Switzerland Trade: In 2022, Ghana exported $3.37B to Switzerland. The main products that Ghana exported to Switzerland were Gold ($3.27B), Cocoa Beans ($77.4M), and Tropical Fruits ($7.36M). Over the past 5 years the exports of Ghana to Switzerland have increased at an annualized rate of 7.53%,  from $1.88B in 2017 to $3.37B in 2022.

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

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). 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

In 2022, Switzerland exported $29.1M to Ghana. The main products exported from Switzerland to Ghana were Packaged Medicaments ($8.41M), Vaccines, blood, antisera, toxins and cultures ($2.78M), and Washing and Bottling Machines ($2.73M). During the last 5 years the exports of Switzerland to Ghana have decreased at an annualized rate of 9.87%, from $49M in 2017 to $29.1M in 2022.

In 2017, Ghana exported $3.37B to Switzerland. The main products exported from Ghana to Switzerland were Gold ($3.27B), Cocoa Beans ($77.4M), and Tropical Fruits ($7.36M). During the last 5 years the exports of Ghana to Switzerland have increased at an annualized rate of 7.53%, from $1.88B in 2022 to $3.37B in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Ghana (Flag)

Switzerland Exports

Ghana Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Ghana
Top Destination
United Arab Emirates$4.72B

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

In 2022, countries that imported more from Switzerland than Ghana included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Ghana than Switzerland included Burkina Faso ($285M), Cote d'Ivoire ($163M), and Togo ($111M).

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

Comparative Advantage Switzerland - Ghana

Flow
Scale

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

During 2022, Switzerland had a large net trade with Ghana in the exports of Chemical Products ($12.5M), Machines ($9.17M), and Transportation ($2.16M).

During 2017, Ghana had a large net trade with Switzerland in the exports of Precious Metals ($3.27B), Foodstuffs ($84.6M), and Vegetable Products ($10.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Ghana+$9.46MPackaged Medicaments
Top Product Potential Ghana Switzerland+$1.97MTropical Fruits

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

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

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