Ghana’s external sector recorded strong growth in the first four months of 2026, with gold and oil exports emerging as major contributors to rising export earnings, according to the latest Summary of Economic and Financial Data released by the Bank of Ghana. The report, released on May 19, showed that total exports increased from US$8.5 …
Ghana’s gold exports hit US$6.86 billion in strong start to 2026
Ghana’s external sector recorded strong growth in the first four months of 2026, with gold and oil exports emerging as major contributors to rising export earnings, according to the latest Summary of Economic and Financial Data released by the Bank of Ghana.
The report, released on May 19, showed that total exports increased from US$8.5 billion in March 2026 to US$11.15 billion in April 2026.
Gold exports remained the country’s top foreign exchange earner, rising from US$5.26 billion in March to US$6.86 billion in April 2026. The figures also exceeded the US$5.25 billion recorded during the same period in 2025, underscoring continued strong performance in the mining sector.
Oil exports also posted significant growth, climbing from US$752.9 million in March 2026 to US$1.28 billion in April 2026. The increase reflects improved export receipts from Ghana’s petroleum sector amid global energy market fluctuations.
Cocoa exports rose modestly from US$1.65 billion to US$1.86 billion over the same period, while other exports increased from US$845.2 million to US$1.15 billion.
On the import side, total imports increased from US$4.06 billion in March 2026 to US$5.87 billion in April 2026.
Oil imports accounted for a substantial portion of the import bill, rising from US$1.37 billion in March to US$2.01 billion in April 2026. Non-oil imports also increased during the period.
