{"id":7382,"date":"2024-05-09T19:38:15","date_gmt":"2024-05-09T19:38:15","guid":{"rendered":"https:\/\/sotnews.agency\/?p=7382"},"modified":"2024-05-11T15:29:39","modified_gmt":"2024-05-11T15:29:39","slug":"non-traditional-export-ghana-rakes-in-3-9-billion-for-2023","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=7382","title":{"rendered":"Non-traditional export: Ghana rakes in $3.9 billion for 2023"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 29 Second <\/div>\n\n <\/div>

Ghana\u2019s Non-Traditional Exports (NTEs) have experienced a significant increase in value, reaching $3.9 billion in 2023 compared to the $3.5 billion recorded in 2022, according to the latest statistics from the Ghana Export Promotion Authority (GEPA).<\/p>\n

This growth has been attributed to a combination of structural changes within Ghana\u2019s NTE ecosystem and the effective implementation of the National Export Development Strategy (NEDS).<\/p>\n

The semi-processed sub-sector has emerged as the leading contributor to Ghana\u2019s NTE earnings, accounting for an impressive 85.04% of total non-traditional export earnings.<\/p>\n

In 2023, the sub-sector\u2019s earnings surpassed $3.3 billion, marking a substantial increase of 14.15% compared to 2022.<\/p>\n

Key performers within the sub-sector included Iron and Steel circles, rods, sheets, articles of plastic, shea oil, and cut fruit.<\/p>\n

The Iron\/Steel Circles, Rods, Sheets, Billets category emerged as the top earner, surpassing Cocoa paste.<\/p>\n

The category saw a remarkable growth of 78.13% driven by demand from infrastructure and construction projects.<\/p>\n

Meanwhile, Cocoa paste and cocoa butter witnessed decreases in earnings, whereas Canned Tuna exhibited minimal growth.<\/p>\n

Shea Oil showed a significant increase in demand and production, leading to a growth of 26.51%. Cashew Nuts experienced a decline of 10.43%, while Natural Rubber Sheets and Aluminium Plates, Sheets, and Coils also saw decreases due to market challenges and shifts in consumer preferences.<\/p>\n

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The post Non-traditional export: Ghana rakes in $3.9 billion for 2023<\/a> appeared first on Citinewsroom – Comprehensive News in Ghana<\/a>.<\/p>

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Ghana\u2019s Non-Traditional Exports (NTEs) have experienced a significant increase in value, reaching $3.9 billion in 2023 compared to the $3.5 billion recorded in 2022, according to the latest statistics from… <\/p>\n","protected":false},"author":1,"featured_media":7685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"yes","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-7382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/7382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7382"}],"version-history":[{"count":1,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/7382\/revisions"}],"predecessor-version":[{"id":7686,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/7382\/revisions\/7686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/7685"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}