Business News of Wednesday, 17 September 2025

Source: www.ghanaweb.com

Gold, cocoa drive Ghana's export, reaching $17 billion by August 2025 - BoG report

Ghana's export earnings hit $17 billion Ghana's export earnings hit $17 billion

The latest Bank of Ghana (BoG)'s September Economic and Financial Data report has shown that Ghana's total export earning reached $17 billion by the end of August 2025.

According to the report, gold led with $11.7 billion in earnings, compared to $6.6 billion recorded in July 2024.

Cocoa came in second with exports reaching $2.4 billion, up from the $195 million recorded in 2024.

Oil exports stood at $1.8 billion, down from $2.7 billion in the same period last year.

Ghana’s debt stock inches up to GH¢628.8 billion

Ghana's import earnings

Ghana spent $11.7 billion to finance imports by the end of August 2025, compared to $10.7 billion in the same period in 2024.

Oil imports accounted for $3.7 billion, representing a sharp decline from $10.2 billion in 2024.

Non-oil imports stood at $8 billion, up from $7 billion in August 2024.

This development pushed Ghana’s trade surplus higher, reaching $6.1 billion.

However, gross international reserves ended August 2025 at $10.7 billion, down from $11.1 billion in June.



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