Latest financial and economic data from the Bank of Ghana shows that the country’s gold export receipts increased whilst oil and cocoa exports earnings diminished between in the first ten months of this year as compared to same period last year. The value of gold exports reached US$ 6.1 billion, representing a 13.9% year-on-year growth. […]
The Small scale mining sector contributed largely to Ghana’s gold export growth in 2022
Gold continues to be the leading foreign exchange earner for the country, accounting for 38% of total exports in 2022. Total export receipts from the precious metal amounted to US$6.6 billion in 2022 representing a 30% upswing year-on-year. According to the Bank of Ghana, a total of approximately 3.8 million ounces of gold were exported […]
Ghana’s Gold export receipts rose by US$431 million in first half of 2023 whilst Oil export receipts slumped by US$1.17 billion
The financial and economic data published by the Bank of Ghana (BoG) this month has revealed that gold and cocoa were major export earners in first half of 2023 as oil export receipts slump. Gold remains Ghana’s major export earner and contributor to GDP. At the end of June this year, gold export receipts amounted […]
Gold outperforms other major trading commodities in export receipts for the first half of the year
Gold outperforms other major trading commodities in export receipts for the first half of the year. Gold continues to make significant gains as the major contributor to Ghana’s export receipts. Available data from the Bank of Ghana (BoG) indicate that gold export receipts recorded at the end of June amounted to US$3.02 billion as compared […]