US rescinds 15% tariff on Ghana’s cocoa and agro exports- Ablakwa
The Government of Ghana has received formal confirmation from the United States that the 15% tariff previously imposed on Ghana’s cocoa and various agricultural exports has been fully removed.
In a social media post on Monday, November 24, 2025, Minister for Foreign Affairs Samuel Okudzeto Ablakwa disclosed the positive development, stating that U.S. diplomats had formally communicated the decision to Ghana’s Mission in Washington, D.C.
According to the Minister, the tariff reversal became effective on November 13, 2025, following the issuance of a new Executive Order by U.S. President Donald Trump.
The rescinded 15% tariff affects Ghana’s cocoa and a range of other qualifying agricultural products, including cashew nuts, avocados, bananas, mangoes, oranges, limes, plantains, pineapples, guavas, coconuts, ginger, and assorted peppers.
Minister Ablakwa provided a significant economic forecast, noting that with Ghana’s annual cocoa bean export to the U.S. averaging 78,000 metric tons and the current spot price at $5,300 per metric ton, the tariff rescission is expected to generate an additional US$60 million (GH¢667 million) in annual revenue for the country.
Ghana welcomed the decision, acknowledging the United States as the world’s leading importer of chocolate and cocoa products. The Ministry stated that Ghana and the USA will continue to forge closer and mutually beneficial relations following this positive economic development.
