Ghana’s export engine roared to life in October 2025, delivering a stunning $2.8 billion jump in just one month, the biggest leap of the year. Data from Bank of Ghana show total exports shooting from $20.5 billion in September to $23.3 billion in October, powered by a dazzling surge in gold earnings.
Gold was the undisputed star of the month. Ghana raked in almost $2 billion more from gold alone, with export receipts climbing from $13.26 billion to $15.25 billion as global prices spiked and buyers scrambled for the precious metal. The result: one of the sharpest monthly boosts the sector has seen in recent years.
Cocoa added even more shine to the moment. Export earnings jumped from $2.56 billion to $2.82 billion, riding on the back of record-high world prices. Crude oil also joined the rally, moving up to $2.20 billion, helped by stronger lifting volumes.
Imports rose too, but nowhere near enough to slow the momentum. And with exports outpacing them by a wide margin, Ghana’s trade surplus climbed to a fresh historic high of $8.53 billion.
October’s numbers capture a month where everything seemed to click, gold glistened, cocoa strengthened, oil lifted, and Ghana’s export machine shifted into high gear.
