Ghana has recorded an impressive trade surplus of $5.57 billion in the first six months of 2025, a remarkable 307.4% increase from the $1.367 billion surplus in the same period of 2024, according to the Bank of Ghana. The surge reflects robust export performance, particularly in gold, bolstered by high global prices.
The country’s total exports reached $13.79 billion, significantly outpacing imports of $8.225 billion. Gold exports led the charge, generating $8.38 billion in June alone, driven by favorable market conditions. Cocoa exports contributed $2.167 billion, reinforcing Ghana’s position as a global leader in the commodity. Crude oil exports added $1.364 billion, while non-traditional exports, such as other commodities, accounted for $1.87 billion.
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The Bank of Ghana reported that gross international reserves stood at $11.12 billion by June 2025, covering 4.8 months of imports. Net international reserves were recorded at $8.88 billion. The balance of payments showed a current account surplus of $3.34 billion and a financial account balance of $1.596 billion, signaling a strong external payment position.
Economic analysts attribute the trade surplus growth to Ghana’s strategic focus on leveraging its natural resources, particularly gold and cocoa, amid stable global demand. The data underscores Ghana’s resilience in navigating global market dynamics, positioning the country for continued economic stability in 2025.
