Ghana’s Trade Surplus Soars to $5.57 Billion in First Half of 2025
Ghana recorded a significant trade surplus of US$5.57 billion in the first half of 2025, marking a 307.4% increase compared to the US$1.37 billion registered during the same period in 2024.
According to the Bank of Ghana’s latest data, total exports for the period amounted to US$13.79 billion, while imports stood at US$8.23 billion. The surplus was largely driven by strong performances in gold and cocoa exports.
Gold led the pack, generating US$8.38 billion in export revenue, buoyed by high global prices. Cocoa exports also brought in US$2.17 billion, while crude oil exports reached US$1.36 billion. Non-traditional exports contributed an estimated US$1.87 billion.
Meanwhile, Ghana’s gross international reserves stood at US$11.12 billion as of June 2025 providing approximately 4.8 months of import cover. Net international reserves were pegged at US$8.88 billion.
On the external accounts, Ghana posted a current account surplus of US$3.34 billion, while the financial account was recorded at US$1.60 billion, reflecting growing investor confidence and favorable commodity export conditions.
