The three top non-traditional commodities for first quarter of 2021

Cashew nuts, palm oil and tuna dominated as non traditional exports commodities for Q1 2021

•Cashew nuts, palm oil and tuna dominated as top three non-traditional exports commodities for Q1 2021

•Data from the Bank of Ghana showed all three commodities raked in some US$217.4 million

•Cashew nuts earned Ghana US$128.7 million for the period

Latest figures released by the Bank of Ghana showed that cashew nuts, palm oil and tuna are now the top three Non-Traditional Export commodities in the first quarter of 2021.

The central bank said all three commodities raked in some US$217.4 million for Ghana during the period.

Over the first quarter of 2021, data by the bank revealed the value of the top 10 non-traditional export commodities for the country amounted to US$342 million as compared with US$292.36 million recorded during the same period in 2020.

Leading the pack was cashew nut raking in US$128.7 million while palm oil earned the country US$48.07 million.

Another vital export commodity was tuna which earned the country US$40.65 million. Rubber which is a key raw material for industry raked in US$29.43 million while shea oil, which is also an important export commodity earned Ghana US$22.53 million.

Additionally, aluminum as an export commodity recorded US$19.93 million while Avocado had US$17.66 million.

Cumulatively, the Bank of Ghana’s figures showed the worth of merchandise exports recorded in the first quarter of 2021 was pegged a little above US3.9 billion. This was however realised through the exports of gold, cocoa and oil.