Ghana’s Foreign Affairs Minister Samuel Okudzeto Ablakwa on Monday announced that the United States (US) has officially notified Accra of the cancellation of a 15% tariff on cocoa and several other agricultural exports.
Ablakwa said US diplomats confirmed that the reversal took effect on November 13, 2025, under a new executive order signed by President Donald Trump.
In a Facebook post, he said the lifted tariffs cover not only cocoa but also cashew nuts, avocado, banana, mango, orange, lime, plantain, pineapple, guava, coconut, ginger and assorted peppers.
Ablakwa noted that Ghana exports an average of 78,000 metric tonnes of cocoa beans to the US each year. With global cocoa prices currently at US$5,300 per tonne, he said the tariff cancellation is expected to earn Ghana an additional US$60 million about GHS 667 million annually.
The minister said Ghana welcomes the decision, describing it as a significant boost given that the US remains the world’s largest importer of chocolate and cocoa products.
He added that Ghana and the United States will continue to strengthen “strong and mutually beneficial diplomatic and economic relations.”
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