In Ghana, Non-Traditional Export (NTE) generated US$ 2.813 billion in 2018 as compared to the US$ 2.556 billion earned in 2017 representing 10 percent growth rate. This was disclosed by the Deputy Chief Executive Officer (CEO) of the Ghana Export Promotion Authority (GEPA), Mr. Samuel Dentu, at a press briefing in Accra on Wednesday.
Dentu attributed the growth in NTE mainly to the 43.84 percent increase in the export of cashew nuts from 2017 to 2018. He added that other big agri contributors to the growth of NTE included cocoa derivatives and bananas.
He said agriculture contributed US$ 591 million (representing 21.01% of the growth), handicrafts contributed US$ 12.87 (representing 0.46% of the growth) and processed products contributed US$ 2.208 billion (78.53% representing of the growth).
Despite the significant growth in NTE, Dentu said there were still opportunities in major areas such as cocoa paste export which experienced a decline by 37 percent, adding that, pineapple exports also reduced by 48.75 percent.