Ghana records GH¢11.5 billion trade surplus in Q1 2024
Ghana has achieved a notable trade surplus of GH¢11.5 billion in the first quarter of 2024, reflecting a 20.4% increase in the average prices of export commodities compared to Q1 2023. This encouraging economic performance was highlighted in the latest quarterly report from the Ghana Statistical Service (GSS). In Q1 2024, Ghana's exports totaled GH¢59.5 billion, while imports stood at GH¢48.1 billion, resulting in the GH¢11.5 billion trade surplus. The top export product, gold bullion, reached a value of GH¢29.7 billion, more than double the second-highest export, crude petroleum, which was valued at GH¢12.2 billion. Other key exports included cocoa...
