Ghana’s trade surplus remains pressured by low cocoa output

Ghana's trade surplus narrowed in the first four months after revenue from cocoa exports declined.

The trade gap for the period ending April decreased by 47% from a year earlier to $744.3 million, Bank of Ghana said in a summary of economic and financial data.

This is the sixth straight month that the trade balance of the world’s second-biggest cocoa producer failed to expand compared with the previous year, according to the data.