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This was equivalent to 3.0% of Gross Domestic Product. According to the Bank of Ghana’s January Summary of Economic and Financial Data, total exports was estimated at US$14.45 billion, whilst total imports was US$12.43 billion. But comparing it to 2019, the country earned US$15.6 billion from exports, whereas imports was US$13.4 billion. Though coronavirus pandemic had led to partial lockdowns and restrictions in most economies, the nation benefited from diversified exports last year as gold, oil and cocoa raked in more revenue for the country. Gold and cocoa profited immensely from increased prices on the international market. Gold was the biggest export earner, bringing in more revenue of US$6.7 billion, representing about 47% of total exports. It was followed by oil with US$2.9 billion (20.1%) and cocoa with US$2.3 billion (16.1%).

Gross domesticJanuary summaryFinancial dataமொத்த உள்நாட்டுஜனவரி சுருக்கம்நிதி தகவல்கள்