Ghana’s trade surplus soars to $5.57 Billion in first half of 2025 – BoG
Ghana has recorded a 307.4% growth in trade surplus for the first half of 2025, with surpluses climbing from US$1.367 billion in 2024, to US$5.57 billion at the end of June 2025, the Bank of Ghana has revealed.
According to the central bank’s data, total exports reached US$13.79 billion in the first six months of 2025, while imports amounted to US$8.225 billion as of June 2025. The standout performer in exports was gold, which generated an about US$8.38 billion in revenue during this period, as a result of soaring global gold prices.
Cocoa exports raked in US$2.167 billion in the same period, while crude oil exports were estimated at US$1.364 billion as of June 2025. Other non-traditional export commodities accounted for about US$1.87 billion.
The data shows that as of June 2025, Ghana’s gross international reserves were reported at US$11.12 billion, providing approximately 4.8 months of import cover. Net international reserves however, stood at US$8.88 billion.
In terms of the balance of payments, the current account showed a positive figure of US$3.34 billion, while the financial account was estimated at US$1.596 billion.
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