EARNINGS FROM NON-TRADITIONAL EXPORTS HIT $2.81BN IN 2018

Ghana earned $2.81 billion from non-traditional exports in 2018 representing a 10.05 per cent increment as compared to $2.56 billion earned in 2017.
Processed and semi-processed products accounted for 78.53 per cent of the exports while agricultural produce and industrial art and craft represented 21.01 per cent and 0.46 per cent respectively of total non-traditional exports.
This was contained in a report on the analysis of the 2018 non-traditional export statistics which was launched in Accra today.
The report noted that eight of the 10 top earners were processed and semi-processed products whereas the remaining two were agricultural produce.
It said the performance of the processed/semi-processed subsector recorded a marginal growth of 4.92 per cent in 2018 over 2017 earnings.
Agricultural and industrial art and craft subsectors increased by 34.04 per cent and 23.65 per cent respectively over 2017 earnings.
Product performance
It said cashew nut earned the country $378.21 million (13 per cent), while cocoa butter fetched $288.94 million (10.27 per cent).

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