Ghana Can Surpass $15bn in Export Earnings by 2030
Ghana has the potential to more than triple its non-traditional export earnings to exceed US$15 billion by 2030, if sustained investments are made in value addition, financing support, and export development policies, according to the President of the Federation of Associations of Ghanaian Exporters (FAGE), Davis Korboe.
Mr. Korboe said the country’s recent performance in the export sector demonstrates strong underlying potential, noting that Ghana has already surpassed the US$5 billion mark in non-traditional export earnings ahead of earlier projections. He described this achievement as evidence that the sector is growing faster than previously anticipated and could deliver even stronger results in the coming years.
Speaking at the Eye on Port media forum, organised by the Ghana Ports and Harbours Authority (GPHA), he recalled that at the 2025 Horti Expo, he had projected Ghana would reach the US$5 billion milestone by 2027. The fact that this target has been achieved earlier than expected, he said, signals a positive trajectory for the country’s export economy.
According to him, with the right policy environment and strategic investments, Ghana could build on this momentum to significantly expand its export base by 2030.
Mr. Korboe identified several sectors as key drivers of future growth, including the feed industry, coconut production, mango cultivation, and programmes under the Tree Crops Development Authority. He stressed that these value chains have strong potential to boost export volumes while creating jobs across the agricultural and agro-processing sectors.
He further noted that the feed industry alone could generate more than 80,000 jobs annually if adequately supported through investment and policy incentives.
The FAGE President called on government to adopt a more deliberate and coordinated approach to export development, particularly by strengthening infrastructure, improving trade facilitation systems, and enhancing collaboration between public institutions and the private sector.
He also urged the establishment of a dedicated financing facility to support producers and exporters of non-traditional commodities, arguing that access to affordable credit remains one of the major constraints facing the sector.
Mr. Korboe emphasised that increased investment in value addition is critical to ensuring Ghana moves beyond the export of raw commodities. He said processing agricultural products locally would not only increase foreign exchange earnings but also create sustainable jobs and reduce the country’s dependence on primary exports.
He concluded that with consistent support and targeted reforms, Ghana’s export sector could become a major pillar of national economic transformation by the end of the decade.
