Ghana reached a GHȼ11.5bn trade surplus in Q1 2024, primarily driven by gold, cocoa, and mineral fuels exports, with mineral fuels as dominant imports.
Ghana achieved a GHȼ11.5bn trade surplus in Q1 of 2024, with gold (50%), mineral fuels and oils, and cocoa beans and products as major exports. Mineral fuels and oils were the dominant imports (29.3%). Ghana's Export Promotion Authority (GEPA) is urging businesses to focus on adding value to products, highlighting that value-added products earn higher gains than raw materials. In 2023, 85% of Ghana's Non-Traditional Exports came from the manufacturing sector.
June 19, 2024
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