Trade Surplus Hits $4.3bn In Q1 – GSS
Dr. Alhassan Iddrissu Ghana recorded a trade surplus of $4.3 billion in the first quarter of 2026, driven largely by strong gold exports, data from the Ghana Statistical Service Read More... The post Trade Surplus Hits $4.3bn In Q1 – GSS appeared first on DailyGuide Network .
The Ghana Statistical Service (GSS) reported a trade surplus of $4.3 billion for the first quarter of 2026, primarily due to robust gold exports, according to Dr. Alhassan Iddrissu, the Government Statistician. In Q1 2026, Ghana exported goods valued at $10.2 billion, while imports totaled $5.9 billion. Dr. Iddrissu stated that for each 100 cedis earned from exports, 58 percent were spent on imports.
However, he cautioned that the surplus was largely influenced by the value of goods at current prices. In reality, Ghana exported $2.6 billion worth of goods compared to $3.2 billion worth of imports. Gold exports, amounting to $5.9 billion, were the largest contributor to Ghana's exports in the quarter. Cocoa exports also showed improvement, but Dr. Iddrissu cautioned that Ghana's export earnings are heavily concentrated in a limited range of commodities, with gold playing a dominant role in the country's external trade.
He expressed concern over the concentration of Ghana's export markets, noting that India and Switzerland together accounted for more than a third of Ghana's total exports.
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