{"id":346065,"date":"2026-01-01T08:23:11","date_gmt":"2026-01-01T08:23:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/346065\/"},"modified":"2026-01-01T08:23:11","modified_gmt":"2026-01-01T08:23:11","slug":"ghanas-exports-exceeded-imports-by-8-5-billion-as-of-october","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/346065\/","title":{"rendered":"Ghana’s exports exceeded imports by $8.5 billion as of October"},"content":{"rendered":"

\"The <\/a>The BoG says this marks an improvement on the $5.57b surplus<\/p>\n

The <\/a>Bank of Ghana<\/a> has disclosed that the country recorded a trade surplus of US$8.5 billion as of October 2025, equivalent to 9.7 percent of GDP, according to the latest Summary of Economic and Financial Data released by the <\/a>Bank of Ghana<\/a> (BoG).<\/p>\n

This marks an update and significant improvement on the US$5.57 billion surplus recorded in the first half of the year.<\/p>\n

The latest figures show that the stronger surplus continues to be driven primarily by robust gold export earnings, which rose to US$15.2 billion within the first ten months of 2025. <\/p>\n

International gold prices remained exceptionally high throughout the year, crossing the US$4,000 per ounce mark in October, providing a major boost to Ghana\u2019s export revenues.<\/p>\n

Ghana’s trade surplus hits 307% to $5.57 billion in first half of 2025 \u2013 BoG report<\/a><\/p>\n

Total exports as of October stood at US$23.3 billion, with gold accounting for the largest share. <\/p>\n

Cocoa exports generated US$2.8 billion, while crude oil exports contributed US$2.2 billion. <\/p>\n

Other exports, including non-traditional products, amounted to US$3 billion. <\/p>\n

On the import side, total imports reached US$14.8 billion, driven mainly by oil and non-oil goods, though import growth lagged behind exports, helping to widen the surplus.<\/p>\n

The BoG noted that the strong trade performance has supported Ghana\u2019s external buffers, with gross international reserves now standing above US$11 billion, providing about 4.8 months of import cover. <\/p>\n

This compares with reserves of US$11.12 billion recorded at the end of June 2025, when the country posted a trade surplus of US$5.57 billion in the first half of the year, representing a 307.4 percent increase over the same period in 2024.<\/p>\n

The sustained improvement in the external position has contributed to the recent stability and strengthening of the cedi against major trading currencies since mid-year. <\/p>\n

The central bank expects the positive trend to continue, provided global gold prices remain elevated and domestic production levels are maintained.<\/p>\n

ID\/AE<\/p>\n","protected":false},"excerpt":{"rendered":"The BoG says this marks an improvement on the $5.57b surplus The Bank of Ghana has disclosed that…\n","protected":false},"author":2,"featured_media":346066,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-346065","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/346065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=346065"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/346065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/346066"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=346065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=346065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=346065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}