The cocoa sector, Ghana's main export crop, is on the rise. The outlook is favorable for this 2020/2021 season with a return to production at a good level.

While the country has gone through major turbulence in recent campaigns, all the indicators are in the green for the cocoa sector. According to the latest data relayed by the Ghana Cocoa Board (Cocobod), the volume of beans delivered to the Cocoa Marketing Company amounted to 924,385 tonnes as of 27 May. This is a stock up by 25% compared to that of last year at the same period (737,783 tons).

The sector thus confirms the momentum initiated since last January despite a global market marked by an accumulation of brown gold following weak processing activity in the USA and Europe. The authorities now anticipate a harvest of 950,000 tonnes in 2020/2021 against 800,000 tonnes previously.