Ghana’s exports as of February 2026 have increased by $8.5 million so far, the Board Chairman of the Ghana Export Promotion Authority (GEPA), Dr. Godfred Seidu Jasaw, has disclosed.

According to the Minister for the Interior and National Security, Muntaka Mohammed-Mubarak, the increase in export volumes, coupled with the strategic management of surplus production, is contributing to the maintenance of macroeconomic stability.

“There are exports relative to imports. Exports have been increasing and I chair the GEPA board and I can tell you for a fact that our export quantum has been increasing and there is a difference of about $8.5 million already in mid-year.

And so please, something good is happening. It is not about over-injection of dollars. If you have the productive capacity of the country being utilised effectively and then exports are increasing, clearly, you will have some stability in the macroeconomy,” he added.

As of June 2025, Ghana’s total exports reached $13.8 billion, a monthly gain of over $2.3 billion from the $11.54 billion recorded in May 2025. In June, gold exports surged to $8.39 billion, cocoa exports reached $2.32 billion, and oil exports rose to $1.36 billion. Other exports were valued at $1.88 billion.

In May, the value of exported gold stood at $6.85 billion, cocoa at $2.01 billion, oil at $1.09 billion, and other exports at $1.59 billion.

With regard to total imports for June 2025, the value stood at $8.23 billion. The value of imported oil stood at $2.59 billion, and non-oil imports at $5.64 billion. In May, Ghana recorded relatively less for imported goods. Imports reached $6.68 billion, with oil imports at $2.11 billion and non-oil imports at $4.57 billion.

The trade surplus for May stood at $4.85 billion.As of March 2025, total exports stood at $7.03 billion. Gold exports generated $3.73 billion, cocoa exports stood at $1.59 billion, oil exports raked in $780.2 million, and other exports at $924.9 million.

However, imports for that totaled $3.73 billion, with oil at $1.27 billion and non-oil at $2.46 billion. A trade balance of $3.29 billion was reported.

In April 2025, exports rose to $9.26 billion, largely from increased gold exports at $5.25 billion, cocoa exports at $1.85 billion, oil exports at $908.5 million, and other exports at $1.25 billion.

Total imports grew to USD 5.13 billion, with oil at $1.68 billion and non-oil at $3.45 billion. A trade surplus of $4.12 billion was reported.

Per the report, Gross International Reserves (GIR) increased steadily, from $5.99 billion in March 2024 to $11.22 billion by June 2025. Import cover improved from 2.7 months in early 2024 to 4.8 months in June 2025.

The net international reserves (NIR) also expanded from $3.86 billion in March 2024 to $8.88 billion by mid-2025.

Private transfers (remittances) maintained strong growth, reaching $3.93 billion by June 2025, compared to $1.79 billion in March 2024—more than doubling within the 15-month period.

Meanwhile, the current account balance swung from a deficit of -$117.6 million in March 2024 to a surplus of $3.43 billion in June 2025. The financial account, which was negative in early 2024 (-$287 million), turned positive to $1.6 billion in May and $1.59 billion in June 2025.

Per the data provided by the Bank of Ghana, it can be reported that the country’s external sector developments show sustained improvements in 2025 compared to the same period in 2024.

Key indicators such as exports, imports, current account balance, and international reserves showed growing trade activity and improved external sector stability.