US reverses 15% tariff on cocoa and key farm exports – Foreign Minister 

The United States has reversed the 15% tariff previously imposed by the Trump Administration on Ghana’s cocoa and other agricultural exports.

This was announced by Foreign Affairs Minister Samuel Okudzeto Ablakwa in a post on X.

According to the Minister, US diplomats have confirmed that the reversal took effect on November 13, 2025 following a new Executive Order issued by President Trump.

Beyond cocoa, the tariff removal covers a wide range of Ghanaian agricultural products, including cashew nuts, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger, and assorted peppers.

Mr. Ablakwa noted that with Ghana exporting an average of 78,000 metric tons of cocoa beans to the US annually—at a current spot price of US$5,300 per metric ton—the country stands to gain an estimated US$60 million (GHS667 million) in additional revenue each year as a result of the tariff rescission.

He also clarified that the reversal applies not only to raw cocoa beans but also to all semi-processed cocoa products exported from Ghana to the United States.

The Minister described the development as a positive step, adding that the Mahama administration remains committed to enhancing value addition in Ghana’s cocoa sector.

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