FAS - Foreign Agricultural Service

12/03/2025 | Press release | Distributed by Public on 12/04/2025 10:17

Ghana: Ghana Cocoa Beans and Cocoa Products Semi-Annual - The Mid-Crop MY 2024-2025 Update

FAS Accra (Post) forecasts Ghana's production of cocoa beans in market year (MY) 2025/2026 (October-September) at 750,000 metric tons (MT), a 25 percent increase from the preceding year's estimate of 600,000 MT. The MY 2024/2025 season, though shortened by the Ghana Cocoa Board (COCOBOD) by two-months (closed on July 31, 2025) still evidences good growth. Ghana's exports of cocoa beans and cocoa paste and cocoa butter to the United States in calendar year (CY) 2025 (January-July) are at a record high of $581.5 million, up 318 percent compared to 2024; these contribute significantly to the current U.S. agricultural trade deficit of $520 million with Ghana. Ghana's MY 2024/2025 global exports of cocoa beans, cocoa paste, cocoa butter, and cocoa powder surpass $3.37 billion, up 119 percent compared to the MY 2023/2024 (October-September) figure of $1.54 billion.
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