- The Ghana Statistical Service reports that during that time, the nation’s total trade value was GH₵123.0 billion, with GH₵5.4 billion more in exports than imports.
- This was a decrease from the GH₵11.5 billion recorded in the first quarter of 2024, but an improvement over the GH₵3.1 billion trade deficit reported in the same quarter of 2023.
- With gold making up more than half of all exports, gold became Ghana’s main source of income. Cashew nuts and crude petroleum were two other important exports. South Africa and Switzerland were Ghana’s next biggest export destinations, after the United Arab Emirates.
- China remained Ghana’s main import supplier, although the proportion of imports from Europe fell and the proportion from Asia rose. The two most popular imports were motor spirit super and gas oil.
- The unit value indices for import and export showed a noteworthy increase in import prices as well as a notable increase in export prices, mainly because of the jump in gold prices.
