Ghana’s total export earnings rose to $6.2 billion in the first two months of 2026, reflecting strong growth compared to the $4.2 billion recorded during the same period in 2024.
The figures, contained in the latest Summary of Economic and Financial Data released by the Bank of Ghana, highlight the continued strength of the country’s export sector, largely driven by gold.
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Ghana closed 2025 with a record total export value of $31.1 billion, with gold maintaining its position as the country’s leading export commodity.
Gold export earnings reached $20 billion in 2025, nearly doubling from $10.3 billion in 2024.
According to the latest data for 2026, gold again dominated export earnings, generating $4.2 billion between January and February, compared to $2.3 billion in the same period of 2024.
In contrast, cocoa export earnings declined to $956 million, down from $1.1 billion during the corresponding period in 2024.
Similarly, earnings from other exports recorded a slight drop to $540 million, compared to $596 million a year earlier.
On the import side, Ghana spent $2.5 billion between January and February 2026, unchanged from the amount recorded during the same period in 2024.
Out of this figure, $825 million was spent on oil imports, while other imports accounted for $1.6 billion.
The strong export performance resulted in a trade surplus of $3.2 billion, an improvement from the $2.1 billion surplus recorded in the first two months of 2024.
The increase in the trade balance was largely driven by higher export earnings, particularly from gold, which continues to play a central role in Ghana’s external sector performance
