Ghana recorded total export earnings of $6.2 billion in the first two months of 2026, marking a sharp increase from the $4.2 billion reported over the same period in 2024, according to the latest Summary of Economic and Financial Data.
The strong performance underscores continued resilience in the country’s external sector, following a record $31.1 billion in total exports in 2025.
Gold remained the dominant export commodity, generating $4.2 billion between January and February 2026, up significantly from $2.3 billion in the corresponding period of 2024.
The performance reinforces gold’s position as the backbone of Ghana’s export economy, after contributing $20 billion in 2025, nearly double the $10.3 billion recorded in 2024.
However, cocoa export earnings declined to $956 million, down from $1.1 billion, reflecting ongoing pressures in the sector. Other exports also edged lower, bringing in $540 million compared to $596 million in the same period last year.
On the import side, total import expenditure remained unchanged at $2.5 billion. Of this amount, $825 million was spent on oil imports, while non-oil imports accounted for $1.6 billion.
The widening gap between exports and imports resulted in a trade surplus of $3.2 billion, up from $2.1 billion in the first two months of 2024.
