Ghana’s Goods Trade Reaches $52.5bn as Gold Dominates Exports
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Ghana’s goods trade reaches $52.5bn as gold dominates exports
Ghana’s trade in physical goods reached US$52.5 billion in 2025, with gold strengthening its dominance of the country’s exports, according to the latest review by the Ghana Statistical Service (GSS).
The review, published on August 11, 2026, shows a significant expansion in Ghana’s international goods trade, with the country also recording a substantial trade surplus during the year.
Ghana’s trade surplus increased to GH¢148.3 billion in 2025, compared with GH¢44.7 billion recorded in 2024.
Gold accounts for 63.1% of exports
The GSS reported that gold accounted for 63.1% of Ghana’s total exports in 2025, up from 38.5% in 2024.
The development further strengthened gold’s position as Ghana’s leading export commodity and highlights its growing importance to the country’s foreign exchange earnings.
In contrast, the share of cocoa beans and cocoa products in total exports declined from 29.3% in 2024 to 14% in 2025.
The GSS said the figures point to a significant shift in the structure of Ghana’s international trade, particularly the increasing concentration of export earnings around gold.
Asia becomes Ghana’s largest trading region
The review also highlighted changes in Ghana’s major trading partners, with Asia emerging as the country’s largest trading region in 2025.
The region accounted for 50.1% of Ghana’s exports and 48.4% of imports during the year.
On the import side, mineral fuels and oils accounted for 25.7% of total imports, while vehicles and automotive parts represented 15.4%.
The figures underscore the importance of Asia to Ghana’s trade flows and the continued demand for fuel, vehicles and other imported goods.
GSS calls for greater export diversification
Despite the growth in trade, the GSS said Ghana needs to increase the value of goods produced for export and reduce its dependence on a narrow range of commodities.
The Service called for greater value addition, export diversification and stronger support for businesses seeking to enter international markets.
The review covers Ghana’s goods trade performance between 2024 and 2025 and provides an overview of changes in the composition and direction of the country’s international trade.
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