The Ghana Export Promotion Authority (GEPA) has announced that Ghana recorded $3.83 billion in Non-Traditional Export (NTE) earnings for 2024, representing a 2.87% decline compared to the previous year.
According to GEPA, the marginal dip in earnings was largely due to a fall in the export of iron and steel products to the ECOWAS sub-region.
Speaking at the launch of the 2024 Annual NTE Statistics Report on Thursday, May 15, 2025, GEPA Chief Executive, Francis Kojo Kwarteng Arthur, noted that despite the decline, Ghana registered encouraging gains in other export sectors.
“In 2024, Ghana’s NTEs recorded earnings of $3.83 billion, reaching 152 countries. However, we registered encouraging gains in several other sectors. Despite the overall decline, the manufacturing and semi-processed sectors remained dominant, accounting for over 83% of total NTE earnings. Cocoa paste emerged as a standout performer, registering a growth rate of 35.54%, driven by increased demand from Europe and North America," he stated.
He added that this underscores Ghana’s growing competitive advantage in the export of value-added cocoa products.
Additionally, the agricultural sector’s contribution to NTEs increased to 13.48%, while the Industrial Arts and Crafts sector posted robust growth of nearly 23%, signaling a rising global interest in Ghana’s creative and cultural exports.
For his part, Deputy Minister of Trade, Agribusiness, and Industry, Sampson Ahi, urged stakeholders across the value chain to intensify efforts towards value addition, emphasising its critical role in boosting export earnings and industrial development.
SP/AE
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