Ghana's trade surplus hits $6.2 billion in first eight months of 2025 - BoG

Ghana has posted a trade surplus of $6.2bn in the eight months of 2025, buoyed by robust gold exports and stronger cocoa receipts, according to the central bank.

Announcing the figures at the opening of the Monetary Policy Committee’s 126th meeting on Monday, the Governor of the Bank of Ghana, Dr Johnson Asiama, said Ghana's external position remained solid despite seasonal pressure on the cedi and softer remittance inflows.

International reserves stood at $10.7bn in August, equivalent to 4½ months of import cover.

Gold exports hit $900 million in June 2025 alone – GoldBod CEO

The cedi has appreciated by about 21 per cent year-to-date, placing it among the world’s best-performing currencies.

"External buffers have strengthened. For the first eight months of the year, Ghana recorded a trade surplus of US$6.2 billion, underpinned by robust gold exports and higher cocoa receipts. Gross international reserves stood at US$10.7 billion in August, covering about 4½ months of imports" he said.

Gold and cocoa continue to be one of Ghana's main export, with over 50 tons of gold from small-scale miners exported since the establishment of the Ghana Gold Board.

According to the CEO of GoldBod, Sammy Gyamfi, gold exports in the first months of 2025 have surpassed the total gold exports recorded for the entire year of 2024.





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