Ghana's major exports, including gold and precious minerals, oil and gas, cocoa and agricultural products, timber and wood products, and minerals and mining services, highlight the country's economic potential and natural resource wealth. The success of Ghanaian exporters such as Newmont Corporation, AngloGold Ashanti, Tullow Oil plc, Kosmos Energy, Barry Callebaut Group, Blue Skies, Samartex Timber & Plywood Co. Ltd., Tropical Hardwood Limited, Rocksure International, and Sahara Natural Resources showcases Ghana's ability to compete and excel in these sectors. By promoting sustainable practices, investing in infrastructure, and fostering international trade partnerships, Ghana will continue to drive economic growth, enhance its global presence, and contribute to the global marketplace.
Gold and Precious Minerals:
Ghana is renowned for its gold production and is one of the largest gold exporters in Africa. The country also produces other precious minerals, including diamonds and bauxite. In 2020, the export value of gold and precious minerals amounted to approximately $5.5 billion. Successful Ghanaian exporters in this category include Newmont Corporation, a global mining company, and AngloGold Ashanti, a major gold mining company.
Ghana's oil and gas industry has seen significant growth since the discovery of offshore oil reserves in 2007. The country produces crude oil and natural gas, which contribute to its export profile. In 2020, the export value of oil and gas reached approximately $4.6 billion. Successful Ghanaian exporters in this category include Tullow Oil plc, an international oil and gas exploration and production company, and Kosmos Energy, a leading independent exploration and production company.
Cocoa and Agricultural Products:
Ghana's agricultural sector plays a crucial role in its export profile, with cocoa being its most significant agricultural product. The country is one of the world's largest cocoa producers and exporters. In addition to cocoa, Ghana exports other agricultural products such as cashew nuts, timber, and tropical fruits. In 2020, the export value of cocoa and agricultural products amounted to approximately $2.3 billion. Successful Ghanaian exporters in this category include Barry Callebaut Group, one of the world's largest cocoa processors and chocolate manufacturers, and Blue Skies, a renowned exporter of fresh-cut fruit and fruit-based products.
Timber and Wood Products:
Ghana has rich forest resources, making timber and wood products a significant export category. The country produces a range of timber products, including sawn timber, plywood, and veneer. While specific dollar values for this category are not provided, successful Ghanaian exporters include Samartex Timber & Plywood Co. Ltd., a leading timber producer and exporter, and Tropical Hardwood Limited, specializing in the production and export of tropical hardwood products.
Minerals and Mining Services:
Apart from gold and precious minerals, Ghana exports other minerals such as manganese, aluminum, and limestone. The country also provides mining services, including mining equipment and expertise. While specific dollar values for this category are not provided, successful Ghanaian exporters include Rocksure International, a mining and drilling services company, and Sahara Natural Resources, specializing in mining and exploration services.