The United States has officially lifted the 15% tariff it imposed on Ghanaian cocoa and a range of agricultural products, a move expected to boost Ghana’s export revenues significantly.
The announcement was shared by Ghana’s Minister of Foreign Affairs and National Integration, Samuel Okudzeto Ablakwa, in a Facebook post on Monday, November 24.
The tariffs, introduced under President Trump, had targeted cocoa and other key commodities, raising concerns among Ghanaian exporters about reduced competitiveness in the US market.
Following a new executive order by President Trump, US diplomats confirmed that the tariff reversal came into effect on November 13, 2025.
Products now exempted include cocoa, cashew nuts, avocado, bananas, mangoes, oranges, limes, plantains, pineapples, guava, coconut, ginger, and assorted peppers.
With Ghana exporting an average of 78,000 metric tons of cocoa beans to the United States annually, and at a current spot price of $5,300 per metric ton, the country stands to gain an additional $60 million (approximately GHS 667 million) each year.
Ablakwa described the development as a positive step for Ghana, noting that the United States is the world’s largest importer of chocolate and cocoa products.
He emphasized that the move would strengthen bilateral trade ties and foster closer economic cooperation between the two nations.
Ghana and the United States are expected to continue working together to deepen mutually beneficial trade and economic relations, building on this renewed commitment to partnership.
