Tag: non traditional exports
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GEPA poised to achieve over $4bn target for non-traditional exports
The Chief Executive Officer (CEO) of the Ghana Export Promotion Authority (GEPA), Dr. Afua Asabea Asare, has stated that the authority is poised to achieve its over $4 billion target for Non-Traditional Exports (NTEs) for the country. NTEs are defined by the GEPA as all products other than cocoa beans, logs and lumber, unprocessed gold,…
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Value of top 10 non-traditional exports rise by 15% to $316M in second quarter of 2021
Data from the Bank of Ghana has revealed that the top 10 non-traditional commodities exported during the second quarter of 2021 saw a 15 percent increase in value. According to the Bank of Ghana’s second quarterly bulletin, the change in the value amounts to US$316.53 million, compared to US$273.44 million recorded for the same period…
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National Export Development Strategy to support women, youth in export
The Ministry of Trade and Industry has announced plans to increase the participation of women and young people in the value chain of non-traditional exports (NTEs) under the newly-launched National Export Development Strategy (NEDS), an initiative being championed by the Ghana Export Promotion Authority (GEPA). The NEDS’ strategy on gender, youth and disability, is intended…
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GEPA to increase coconut export to boost earnings and create jobs
The Ghana Export Promotion Authority (GEPA), says it will increase export of coconut to improve revenue for non- traditional export. Already, GEPA has supplied 160,000 coconut seedlings to Coconut Farmers in the country to increase coconut production within the next five years. Chief Executive Officer of the Ghana Export Promotion Authority, Afua Asabea Asare, in…
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GEPA urges compliance to standards as means to accessing outside markets
The Ghana Export Promotion Authority (GEPA) is urging individuals involved in the agribusiness value chain to improve on the standards of their goods if they are to access the international market, the Deputy CEO in charge of Finance and Operations, Samuel Dentu, has said. He made these remarks at the Agribusiness session of the Ghana…
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Ghana bags $2.8bn from non-traditional exports in 2018
The Value of Ghana’s Non-Traditional Exports increased from the US$2.6 billion recorded in 2017 to US$2.8 billion, a report by the Ghana Export Promotion Authority has revealed. The growth was due mainly to the increase in the export of cashew which grew by 43.84%, following increased demand in Vietnam and increased yield of quality nuts among…
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Mango farmers told to prioritize value addition to earn more
Mango Farmers across the country have been charged to prioritize value addition to their produce in other to maximize the return on their investments. According to key stakeholders in the mango value chain in Ghana, the continuous export of mango in its raw state limits the potential earnings from the fruit. Speaking at the 4th…
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Bulk of exports responsible for Ghana’s trade surplus coming from foreign entities — Economist
Economist Professor Godfred Bokpin is warning that the full benefits of the recent trade surpluses that Ghana has been recording, will not be enjoyed if the local content contribution to Ghana’s export figures is not improved. According to Professor Bokpin, Ghana’s exports are currently dominated by the activity of foreign firms, especially in areas like…
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Non-traditional exports to increase with new export platform
The Ghana Export Promotion Authority (GEPA) is seeking to boost the export of non-traditional products within the short to medium term. As part of achieving this aim, the GEPA has introduced a new marketing platform for exporters of such traditional products. The new market hub is also expected to expose exporters to modern developments and…