Ghana’s export earnings climbed sharply to $11.1 billion in the first four months of 2025, as soaring global gold prices strengthened the country’s trade position and boosted foreign reserves.
New data released by the Bank of Ghana showed the country earned significantly more from exports between January and April compared to the $9.2 billion recorded during the same period in 2024.
Gold remained the driving force behind the surge, generating $6.8 billion in export revenue by April 2025, up from $5.2 billion a year earlier. The sharp increase highlights Ghana’s growing dependence on the precious metal at a time when global investors are increasingly turning to gold amid economic uncertainty and market volatility.
The latest figures reinforce Ghana’s position as one of Africa’s leading gold exporters and underline how rising commodity prices are helping stabilise parts of the country’s economy despite broader fiscal pressures.
Cocoa exports contributed $1.8 billion during the period, unchanged from last year, while crude oil exports generated $1.2 billion. Other exports accounted for an additional $1.1 billion.
