US Rescinds Tariffs on Ghana’s Cocoa and Agricultural Exports

The Government of Ghana has welcomed the decision by the United States Administration to rescind the 15 percent tariffs previously imposed on Ghana’s cocoa and selected agricultural products.

In a Facebook announcement, Minister for foreign affairs, Mr. Samuel Okudzeto Ablakwa, disclosed that Washington has officially communicated the tariff reversal to Accra. He noted that the measure took effect on 13th November 2025 following a new Executive Order signed by President Donald Trump.

US diplomats have confirmed that the rescission covers cocoa beans and a wide range of Ghanaian produce including cashew nut, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger and assorted peppers.

Industry analysts estimate that with Ghana’s annual cocoa exports to the US averaging 78,000 metric tons, and the current spot price pegged at US$5,300 per metric ton, the country stands to gain an additional US$60 million (GHS667 million) in revenue each year.

The United States remains the world’s leading importer of chocolate and cocoa products, making the development a significant boost to Ghana’s agricultural sector.

Government officials have described the move as a positive step in strengthening bilateral trade ties. Ghana and the USA, they emphasized, will continue to forge closer and mutually beneficial relations.

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