Audio By Carbonatix
The Ghana Statistical Service (GSS) has released its 2024 trade data, revealing that three key commodities accounted for a significant portion of the country’s export earnings.
Gold, mineral fuels and oils, cocoa beans and products collectively made-up 83.4 per cent of all exports, demonstrating their continued importance to Ghana’s economy.
According to the GSS report, gold exports reached GHC 163.0 billion, solidifying its position as the leading export commodity. Mineral fuels and oils followed with GHC 54.2 billion, while cocoa beans and products contributed GHC 28.6 billion.
“This dominance highlights the concentration of Ghana’s export portfolio in these sectors,” the report said.
The combined share of these three products increased from 80.6 per cent in 2023, showing g growing reliance on those commodities for export revenue.
The report said while the share of mineral fuel and oil imports decreased from 32.1 per cent in 2023 to 25.7 per cent in 2024, the value of those imports still saw an increase of GHC 6.3 billion.
Latest Stories
-
Africa’s top editors converge in Nairobi to tackle media’s toughest challenges
2 minutes -
Specialised courts, afternoon sittings to tackle case delays- Judicial Secretary
5 minutes -
Specialised high court division to be staffed with trained Judges from court of appeal — Judicial Secretary
41 minutes -
Special courts will deliver faster, fairer justice — Judicial Secretary
59 minutes -
A decade of dance and a bold 10K dream as Vivies Academy marks 10 years
1 hour -
GCB’s Linus Kumi: Partnership with Ghana Sports Fund focused on building enduring systems
2 hours -
Sports is preventive healthcare and a wealth engine for Ghana – Dr David Kofi Wuaku
2 hours -
Ghana Sports Fund Deputy Administrator applauds GCB’s practical training for staff
2 hours -
Ghana Sports Fund strengthens institutional framework with GCB Bank strategic partnership
2 hours -
UBIDS to Complete Abandoned Projects Following GETFund Financial Clearance – Vice Chancellor
3 hours -
Nii Moi Thompson questions Anokye Frimpong’s ‘distorted history’ narratives
4 hours -
Anthony O’Neal set to receive Ghanaian citizenship, prepares to launch ‘Class on the Bus’ Initiative
4 hours -
South Tongu MP inspects GH₵500,000 surgical equipment, supports District Court with logistics
4 hours -
Kpasec 2003 Year Group hosts garden party to rekindle bonds and inspire legacy giving
6 hours -
Financing barriers slowing microgrid expansion in Ghana -Energy Minister
6 hours