Ghana loses GHS240 billion from raw gold export
Ghana exported raw gold worth approximately GHS240 billion in 2025 but imports significant amounts of finished jewellery. GoldBod Jewellery's new Heritage Village initiative seeks to boost local refining and jewellery production. This aims to add value to Ghana's gold resources and support the country's industrial goals.
Ghana’s gold industry recorded about GHS240 billion in export earnings from raw gold in 2025. However, the nation continues to import finished jewellery worth hundreds of thousands of dollars each year. This creates an economic imbalance, as Ghana exports raw materials but buys back processed goods.
GoldBod Jewellery has launched its Heritage Village to change this trend. The initiative promotes local gold refining and jewellery production. The goal is to add value to Ghana's gold within the country. This can keep more wealth in Ghana.
The company also introduced gold tablets as investment products. These are made with 24-carat gold at 99.99 percent purity. This creates new options for local investment in gold.
The Vice President supported the initiative. She noted that adding value to goods is important for the government’s industrial plans. Supporting local businesses helps strengthen Ghana’s economy. It also shows the country’s creative potential in making luxury products.
Source: StatsGH — Ghana's data-driven news platform