Gold accounted for 63.1 per cent of Ghana’s total exports in 2025, highlighting rising concentration in the country’s export earnings. The share increased from 38.5 per cent in 2004, according to the Ghana Statistical Service (GSS) report, Ghana’s Merchandise Trade Statistics 2004-2025: Two Decades in Review. Presenting the report in Accra, Dr Alhassan Iddrisu, Government Statistician, said Ghana’s export earnings had become more concentrated rather than more diversified over the period. Gold exports reached US$20.2 billion in 2025, exceeding earnings from cocoa and crude oil combined, he said. The expansion, however, was driven largely by gold, crude oil and cocoa, which together accounted for about 75 per cent of Ghana’s exports from 2011.