Accra: Mr Davis Korboe, President of the Federation of Associations of Ghanaian Exporters (FAGE), has expressed optimism that Ghana could exceed US$15 billion in non-traditional export earnings by 2030 if the government, financial institutions, and industry stakeholders strengthen their support for value addition and export development. Mr Korboe made this projection during the Eye on Port media forum powered by the Ghana Ports and Harbours Authority (GPHA).
According to Ghana News Agency, Mr Korboe highlighted that the country's attainment of more than US$5 billion in non-traditional export earnings ahead of earlier projections demonstrates the sector's significant growth potential. He recalled his projection during the 2025 Horti Expo that Ghana would reach the US$5 billion milestone by 2027, yet the target was achieved earlier, indicating a positive growth trajectory for the country.
Mr Korboe identified key areas such as the feed industry, coconut production, mango cultivation, and the Tree Crops Development Authority's programmes as vital drivers for future export growth. He emphasized the feed industry's potential to create more than 80,000 jobs annually if adequately supported.
He urged the government to be deliberate in supporting export-oriented industries through favourable policies, infrastructure development, and institutional collaboration. The FAGE president also called for establishing a dedicated financing vehicle to support producers and exporters of non-traditional export commodities.
Mr Korboe stressed that increased investment in value addition would enable Ghana to maximize earnings from its agricultural products while creating jobs and reducing dependence on raw commodity exports.