The Tree Crops Development Authority (TCDA) has strongly denied allegations of under-invoicing in Ghana’s raw rubber exports, describing recent reports as inaccurate and misleading.
In a clarification, the Authority said claims of widespread under-declaration of export values and volumes do not reflect the regulatory controls in place within the sector.
The TCDA explained that the export of raw rubber is governed by a structured licensing and permit system designed to ensure compliance with industry regulations.
It noted that all exports are subjected to strict oversight, including permit approvals and monitoring of export volumes, to safeguard the local rubber industry and promote value addition.
The Authority also indicated that it does not have sole authority to halt the operations of licensed exporters but works within an established legal framework to enforce compliance across the sector.
According to the TCDA, enhanced regulatory measures introduced in recent years are already delivering results, citing a noticeable decline in both the number of exporters and the volume of raw rubber exports.
The response follows media reports suggesting that Ghana had lost significant revenue due to under-invoicing and exports exceeding approved limits, raising concerns about the long-term sustainability of the local rubber processing industry.
However, the Authority maintained that it remains committed to transparency, accountability and the development of a robust rubber value chain, in line with government’s broader efforts to strengthen oversight in the industry.
In recent months, government has also implemented measures to limit raw rubber exports to ensure adequate supply for domestic processing and support the growth of local manufacturing.
