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Business News of Thursday, 4 May 2023

Source: www.ghanaweb.com

Here are the top 10 non-traditional export products for 2022

Some of the non-traditional products Some of the non-traditional products

Ghana is noted to be a large exporter of mineral ores, timber, and cocoa beans but the country also exports non-traditional products to both African and global economies.

In the latest report on the analysis of the 2022 non-traditional export statistics, the Chief Executive of Ghana Export and Promotion Authority (GEPA), Afua Asabea Asare, stated that Ghana witnessed a 6% increment in the non-traditional export (NTE) earnings for 2022.

She cited cocoa paste, cashew nuts, aluminium sheets, canned tuna, natural rubber sheets, cocoa powder, shea oil, among the non-traditional export products for last year.

Afua Asabea Asare further indicated that cocoa paste emerged as the highest earner as it raked in US$520.3 million.

Cashew nuts, on the other hand, earned the country US$294.2 million.

She noted that the cumulative value of the top 10 NTE products was US$2,150,085,426, representing 60.9% of the total NTE earnings in 2022.

Below are the top 10 non-traditional export products for 2022:

Cocoa paste

Cashew nuts

Cocoa butter

Iron and steel circles, rods, sheets, billets

Articles of plastics

Aluminium plates, sheets and coils

Canned tuna

Natural rubber sheets

Cocoa powder

Shea oil

Meanwhile, the Chief Executive of Ghana Export and Promotion Authority (GEPA), Afua Asabea Asare, commended the efforts of individuals within the export value chain for their hard work.

Their hard work, she said, was what contributed to the positive outcome of the 2022 NTE statistics.

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