• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

GEPA leads Ghana to achieve trade surplus

3 years ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets, Trade
2 min read
0 0
0
87
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

GEPA leads Ghana to achieve trade surplus

Ghana enjoyed a trade surplus with exports exceeding imports for the year 2021, and the country is poised to repeat that for the year 2022.

This revelation was made by the Director of Projects at the Ghana Export Promotion Authority (GEPA), Alex Dadzawa while speaking on the state of Ghana’s exports.

“So far we have done about 9 Billion Dollars of total exports for the half year while we have done 7.5 Billion Dollars of imports.”

He said while this is positive indication for Ghana’s export sector, his outfit is resolved to spearhead the increased promotion of Ghana’s export as a catalyst for national development.

The GEPA official disclosed that a lot of attention has been given to the development and promotion of the Cocoa Derivatives Sector with processed cocoa as the leading non-traditional export.

Similarly, he said another priority area government has paid attention to is the production and export of cashew.

RelatedPosts

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

According to him Ghana exported over $300 M worth of cashew in 2021 and “we could have had four times of that if we had processed and added value to the cashew.”

He said the vision in the next four years is to see significant processing and value addition in the area of cashew.

Again, the GEPA official said the automotive industry is one which Ghana intends to leverage on with the advent of the Africa Continental Free Trade Area (AfCFTA).

Similarly, significant attention would be given to all the 17 priority areas outlined in the National Export Development Strategy (NEDS) which include fish and fishery products, textiles and garments, sugar, industrial salt, natural rubber sheets, aluminium, plastic products and petrol chemical products.

Indeed, GEPA distributed 11 million suckers to pineapple farmers across the country in order to enable them expand and meet export demand.

The Director of Projects at GEPA added that coconut has become a burgeoning sector, where GEPA is keen on reviving the coconut sector due to the varied opportunities available.

“We are doing a lot to resuscitate the coconut sector which has had its disease problem in the past. We are increasing sensitization and we have also provided close to 700,000 coconut seedlings which are disease tolerant for the future.”

He lauded government for the 1 District 1 Factory which is intended to shore up the nation’s productive capacity to process Ghanaian raw materials into finished and semi-finished products.

Alex Dadzawa advocated for the various financial institutions to invest in these manufacturing companies so they can expand and produce more to feed the local and international market.

Tags: GEPA leads Ghana to achieve trade surplusGhana Export Promotion Authority (GEPA)
No Result
View All Result

Highlights

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

Trending

Features

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

MTN Nigeria Now the Most Capitalized Stock in Nigeria MTN Nigeria has surged to become the most...

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

US Companies Cut Investments in China to Record Lows, Here’s Why

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.