Ghana recorded a significant trade surplus of GHS 148.3 billion in 2025. This figure represents more than three times the surplus achieved in 2024, highlighting a robust performance in the nation's external trade sector. The substantial increase was primarily driven by the continued dominance of gold in Ghana's export earnings.
The country's total exports reached GHS 401.5 billion during 2025. Imports, conversely, stood at GHS 253.2 billion for the same period. This wide margin between exports and imports underscores the strength of Ghana's export-oriented economy, particularly in the commodities sector. The positive trade balance provides a crucial boost to the nation's economic stability.
This impressive trade performance fits into Ghana's broader economic strategy of increasing non-traditional exports and leveraging its natural resources. Gold has historically been a cornerstone of Ghana's economy, consistently contributing significantly to foreign exchange earnings. The 2025 figures reinforce this trend, showing the metal's enduring importance despite efforts to diversify the export base. Ghana also recorded a trade surplus of GHS 34.7 billion with African countries in 2025, indicating strong regional trade ties.
Eben Agyekum-Boateng, a representative from 3Business, highlighted the ongoing importance of gold to Ghana's export profile. He noted that gold continues to be the primary driver of the country's export earnings. This consistent performance provides a stable foundation for the national economy.
The sustained trade surplus has several positive implications for Ghana's economic future. It can lead to a stronger Ghana cedi, making imports cheaper and potentially easing inflationary pressures. A healthy trade balance also improves the country's foreign reserves, enhancing its ability to meet international obligations and withstand external economic shocks. Decision-makers will likely focus on maintaining this export momentum while also exploring avenues for further diversification to ensure long-term economic resilience. China remained Ghana's largest source of imports in 2025, with import values exceeding GHS 57 billion, indicating a key trading partnership to monitor.