• 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

World Bank Joins African Development Bank and Mastercard as Co-Chair of Mobilizing Access to the Digital Economy Alliance

OpenAI Launches GPT-5, Expands ChatGPT Power to 700m Users

Energy Analysts Urge Operational Efficiency as Tullow Oil Swings to $61m Loss in H1 2025

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

Rebased GDP and Welfare of the Average Nigerian

Meet Stephen Miran, Trump’s Newest Federal Reserve Board Pick

CHAN 2024: Kenya Holds Angola to Draw While DR Congo Claims Vital Win Over Zambia

Teen Sensation Victoria Mboko Stuns Naomi Osaka to Claim Maiden WTA 1000 Title at Canadian Open

Government Unveils Plan to Grow Textile and Garment Industry to $2bn by 2033

Top 10 African Countries With The Least Recovery in GDP From the COVID Year to 2025

Trending

Business

World Bank Joins African Development Bank and Mastercard as Co-Chair of Mobilizing Access to the Digital Economy Alliance

August 8, 2025

World Bank Joins African Development Bank and Mastercard as Co-Chair of Mobilizing Access to the Digital Economy...

OpenAI Launches GPT-5, Expands ChatGPT Power to 700m Users

August 8, 2025

Energy Analysts Urge Operational Efficiency as Tullow Oil Swings to $61m Loss in H1 2025

August 8, 2025

Rebased GDP and Welfare of the Average Nigerian

August 8, 2025

Meet Stephen Miran, Trump’s Newest Federal Reserve Board Pick

August 8, 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.