President of the Federation of Associations of Ghanaian Exporters (FAGE), Davis Korboe, has projected that Ghana could generate more than US$15 billion in non-traditional export (NTE) earnings by 2030 if government, financial institutions and industry stakeholders intensify support for value addition and export development.
Mr Korboe made the projection during the Eye on Port media forum organised by the Ghana Ports and Harbours Authority (GPHA).
According to him, Ghana’s recent achievement of surpassing US$5 billion in non-traditional export earnings ahead of schedule demonstrates the sector’s enormous growth potential and capacity to contribute significantly to economic transformation.
He recalled that during the 2025 Horti Expo, he had predicted that the country would attain the US$5 billion milestone by 2027.
However, the target was achieved earlier than anticipated, a development he said reflects the strong growth trajectory of the sector and the opportunities available for further expansion.
Mr Korboe noted that the early attainment of the milestone should encourage stakeholders to pursue even more ambitious targets for export growth.
He identified several sectors with strong potential to drive future export earnings, including the animal feed industry, coconut production, mango cultivation and programmes being implemented by the Tree Crops Development Authority.
According to him, the feed industry alone has the potential to create more than 80,000 jobs annually if it receives the necessary policy and financial support.
The FAGE President stressed the importance of deliberate government intervention to strengthen export-oriented industries through favourable policies, improved infrastructure and enhanced collaboration among public and private sector institutions.
He also called for the establishment of a dedicated financing mechanism to support producers and exporters operating within the non-traditional export sector.
Mr Korboe argued that access to affordable financing remains one of the key challenges facing exporters and that a specialised funding vehicle would help businesses expand production, improve competitiveness and access new international markets.
He further emphasised the importance of investing in value addition, noting that processing agricultural products locally would enable Ghana to earn higher export revenues, create sustainable jobs and reduce reliance on the export of raw commodities.
According to him, strengthening value chains across key agricultural sectors will not only increase foreign exchange earnings but also support broader industrialisation and economic diversification efforts.
Mr Korboe expressed confidence that with sustained investment and strategic policy support, Ghana’s non-traditional export sector could become a major driver of economic growth and exceed the US$15 billion earnings target by the end of the decade.
