Ghana’s exports hit $9.3bn in April 2025 - BoG Report

Ghana's exports reached $9.33 billion in April 2025. This increase was driven by strong gold and cocoa performances. The information comes from the Bank of Ghana’s Economic Summary Report for May.

The growth raised Ghana’s trade surplus to $4.14 billion. This amount is about 4.7 percent of the Gross Domestic Product (GDP).

Gold exports led the way, earning $5.24 billion. This accounted for 56 percent of total exports, up from $3.72 billion in March. The rise followed an increase in international prices to $3,218 per ounce.

Cocoa also performed well, bringing in €1.84 billion in April. This was an improvement over March's earnings of $1.50 billion, despite falling global prices.

Oil exports contributed a steady $972 million to the total.

This export boom has strengthened Ghana’s external position significantly. Gross international reserves rose to $10.67 billion, covering 4.7 months of imports.

The increase in reserves reflects strong commodity earnings and better fiscal management.

Despite this resilience, institutions like the Bank of Ghana warn that Ghana remains vulnerable to price swings and global economic challenges.