Cocoa is a key export commodity for Ghana Cocoa is a key export commodity for Ghana

The Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has announced that the United States government has officially lifted the 15% tariffs imposed on cocoa and other key agricultural products from Ghana.

According to Ablakwa, the move took effect on November 13, 2025, following an Executive Order issued by President Donald Trump.

In a post shared on his X page on November 24, 2025, Ablakwa described the decision as a “positive development,” noting that the United States remains the world’s largest importer of chocolate and cocoa-based products.

15% US tariff on Ghanaian exports takes effect August 7

“With an estimated annual export of Ghanaian cocoa beans to the US averaging 78,000 metric tons, and at the current spot price of $5,300 per metric ton, Ghana stands to gain additional revenue of US$60 million (GH¢667 million) each year as a result of Trump’s tariff rescission,” he said.

The rescission covers not only cocoa but also a wide range of Ghanaian agricultural products, including cashew nuts, avocados, bananas, mangoes, oranges, limes, plantains, pineapples, guavas, coconuts, ginger, and assorted peppers.

The government has welcomed the announcement, describing it as a major boost to one of Ghana’s most strategic export sectors.

Ablakwa added that both countries would continue to strengthen what he called “mutually beneficial relations.”

See the post below:

The United States Administration has officially informed the Government of Ghana that President Trump’s 15% imposition of tariffs on Cocoa and certain qualifying agricultural products from Ghana have been rescinded.

US diplomats confirm to me that the 15% tariff reversal came…

— Sam Okudzeto Ablakwa (@S_OkudzetoAblak) November 24, 2025

SP/MA

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