Full Breakdown
Ghana's Export Transformation: A Shift Towards Processed Goods
4/21/2026, 11:57:37 AM
Overview of Ghana's Export Performance
Ghana has experienced a significant transformation in its export landscape, moving away from raw material dependence towards a more diversified industrial base. According to the Ghana Export Promotion Authority (GEPA), non-traditional export products generated $3.28 billion in 2025, marking a 53% increase from approximately $1.59 billion in 2024. This shift is characterized by a focus on processed and semi-processed goods, with cocoa processing at the forefront of this change.
Cocoa Processing as a Key Driver
Cocoa processing has emerged as a central pillar of Ghana's export earnings. In 2025, cocoa paste alone generated $789.3 million, reflecting a 70.97% year-on-year increase. The growth in secondary cocoa products has also been notable, with cocoa butter exports rising to about $469 million—a 120.18% increase—and cocoa powder reaching approximately $173 million, up by 112.97%. Collectively, the cocoa sector achieved earnings of about $3.69 billion, which GEPA described as a “historic milestone” for the country’s value-added export agenda.
Diversification Beyond Cocoa
Beyond cocoa, Ghana's agricultural diversification has strengthened its export base. Cashew nuts generated roughly $219 million, while the shea industry saw shea nuts rise to about $131 million and shea oil reach approximately $129 million. Other sectors contributing to export performance included plastics, aluminium products, and canned tuna, with manufactured and semi-processed goods accounting for over 83% of total export earnings. However, the iron and steel sector faced challenges, with exports declining slightly to about $233 million due to volatile global prices.
Trade Destinations and Regional Integration
Europe remains a dominant market for Ghana's exports, with the Netherlands, the United Kingdom, and France identified as key destinations. Intra-African trade is also expanding, now accounting for 30.36% of Ghana’s non-traditional export earnings, supported by demand within the Economic Community of West African States. GEPA chief executive Francis Kojo Kwarteng Arthur emphasized the importance of ongoing initiatives, such as the Accelerated Export Development Programme, to enhance production standards and capacity.
Official Statements on Export Growth
The results of this export performance were presented during the launch of the 2025 Non-Traditional Export Statistics Report on April 17, 2026. GEPA highlighted Ghana's growing competitiveness in regional markets and its accelerating integration into the African Continental Free Trade Area framework.
Conclusion: Implications of Ghana's Export Strategy
Ghana's shift towards processed goods and agricultural diversification not only strengthens its position in global markets but also reflects a broader structural change in its export strategy. The focus on value-added products, particularly in the cocoa sector, positions Ghana for sustained growth and competitiveness in the future.
