Applicable under ECOWAS Trade Liberalization Scheme if accompanied by Certificate of Origin, though typically not applicable for imports from the United States.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
US Increases Peanut Exports to Ghana Amid Growing Demand
The United States has reported a significant rise in peanut exports to Ghana, driven by increasing demand for raw peanuts in the West African market for local processing and consumption.
October 15, 2023
Impact: This surge strengthens trade ties between the US and Ghana, potentially increasing revenue for US peanut farmers and providing Ghana with a steady supply of quality groundnuts.
Ghana Implements New Quality Standards for Imported Peanuts
Ghana's Food and Drugs Authority has introduced stricter quality checks on imported peanuts, including those from the US, to ensure compliance with safety and aflatoxin standards.
September 5, 2023
Impact: US exporters may face additional compliance costs and delays, but adherence to these standards could enhance trust and long-term trade relations.
During recent bilateral trade discussions, both countries emphasized expanding the peanut trade, with the US aiming to support Ghana's agricultural processing sector through increased exports.
August 20, 2023
Impact: This focus could lead to higher export volumes from the US to Ghana, benefiting both economies through job creation and market diversification.
Policy Updates
Ghana Revises Import Tariffs on Raw Peanuts
Ghana has reduced import tariffs on raw peanuts (HS Code: 1202) by 5% to encourage imports and support local food industries, effective from October 2023.
Date: October 1, 2023
US Extends Trade Support for African Agricultural Imports
The US government has renewed its commitment under the African Growth and Opportunity Act (AGOA), facilitating duty-free access for Ghanaian goods while encouraging US agricultural exports like peanuts.
